Large Canadian retailer will be first to implement solution aimed at
removing 50 million pages annually from daily store-level inventory
TORONTO, Dec. 3, 2013 /CNW/ - Each day, large retail chains generate
stacks of paper inventory reports that for the most part are bundled
and physically filed for future reference. Xerox Canada announced today that it has partnered with Datawatch Corporation to digitize and add analytics to the reporting process, reducing the burden of paper and making it easier for retailers and other large enterprises to
extract valuable information from the data they collect.
The reporting solution soon will be implemented at a large Canadian
retailer to help convert its paper-based inventory reporting to a
digital environment across its national network of stores. The new
solution will determine which inventory reports need to be printed
daily and which can be stored electronically. The chain expects to
reduce its stores' printed reports by 25 percent or approximately 50
million pages annually.
"Large retailers collect what amounts to piles and piles of 'big data,'
but because this information often is paper-based and arrives from
different sources in varied formats, it's challenging to extract
meaningful information," said Jim Muzyka, senior vice president, Xerox
Services (Canada). "Our expertise in simplifying complex processes,
combined with Datawatch's ability to access and analyze unstructured
data, will allow retailers and other large enterprises tap into
information that is useful to store managers and others charged with
improving how work gets done."
Xerox's project management, process assessment and optimization services help large enterprise capture, digitize, store and manage business
documents to improve workflow. Datawatch's systems integration services
and Visual Data Discovery software extracts structured and unstructured
data from transactional systems, and organizes it in an intelligent
digital format for reporting and analysis.
"Information locked away in reports and other non-traditional sources
often holds the key to improving processes and better understanding
businesses," said Michael Morrison, president and chief executive
officer, Datawatch. "Our unique ability to extract critical business
information from any data source and deliver it through a visual data
discovery environment is a perfect fit with Xerox's expertise in
process improvement and their capabilities in bridging paper-based
processes to digital environments. Together, we are opening up a world
of possibilities for customers wishing to unlock the value in their
About Xerox Canada
Headquartered in Toronto, Ontario, with regional offices nationwide, Xerox Canada provides extensive, leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size, in industries such as financial services, retail,
telecommunications, healthcare, education and transportation. Xerox
Canada offers and delivers an exclusive portfolio of leading managed
print services (MPS), communication and marketing services (CMS) and
specialized business process outsourcing (BPO) - such as managing paper-based work processes - and
information technology services. LaserNetworks, a leading managed print services provider, is a wholly-owned
subsidiary of Xerox Canada Ltd. For more information visit www.xerox.ca or visit Xerox Canada's Bridge to Digital Business blog.
Datawatch Corporation (NASDAQ-CM: DWCH) provides visual data discovery
software that empowers organizations to optimize the use of any data,
regardless of its structure, volume, or velocity to analyze and gain
insights into what is driving their business . Its unique ability to
integrate structured, unstructured, and semi-structured sources like
reports, PDF files and EDI streams with real-time streaming data into
analytic applications with rich visualizations that allow users to
interactively discover key factors that impact their business
operations set them apart in the big data and visualization markets
More than 40,000 organizations worldwide use Datawatch, including 99 of
the Fortune 100. Datawatch is headquartered in Chelmsford,
Massachusetts with offices in New York, London, Munich, Stockholm,
Singapore, Sydney and Manila, and with partners and customers in more
than 100 countries worldwide. See the Whole Story for yourself by
downloading the free trial at www.datawatch.com/trial.
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Xerox® and Xerox and Design® are trademarks of Xerox in the United States and/or other countries.
SOURCE: Xerox Canada
For further information:
John Quinn, Xerox Canada, +1-416-733-6828, John.Quinn@xerox.com