Company type | Private |
---|---|
Industry | Software Development |
Founded | 1998 |
Headquarters | , |
Website | https://www.centricsoftware.com/ |
Centric Software is a Silicon Valley–based software company headquartered in Campbell, California. [1] [2] The company provides Product Lifecycle Management (PLM) software, as well as planning, pricing and market Intelligence solutions, for consumer goods such as fashion, multi-category retail, outdoor, luxury, grocery including formulated products (Food & Beverage and Cosmetic & Personal Care) [3] [4] and , consumer electronics.
Centric Software was founded in 1998. [5] The company began as a PLM vendor and then made developments in enterprise mobility applications suite with visual, touch-screen based digital board solutions.[ buzzword] [6]
The company has provided PLM solutions[ buzzword] to retailers and manufacturers including Volcom, Tesco, [7] Louis Vuitton, SIPLEC, [8] Balenciaga, and Calvin Klein among others. [9] [10]
In 2018, Centric unveiled its first artificial intelligence-powered PLM tool, AI Image Search.
In 2020, Centric enters into new verticals, expanding into Food & Beverage and Cosmetics & Personal Care.
As of January 2020, the company has 15 offices around the world and 4 virtual centres. [11] [12] Its investors include Dassault Systèmes, Oak Investment Partners, Masthead Venture Partners, and Fung Capital USA. [13] [14] [15]
Centric PLM™ brings cost savings and efficiency by optimizing product execution from ideation to development, sourcing and manufacture.
Centric Planning™ is an innovative, cloud-native, augmented-intelligence solution delivering end-to-end planning capabilities to maximize retail and wholesale business performance.
Centric Pricing & Inventory™ leverages AI to drive margin and revenue improvement by influencing demand via price and inventory optimization from pre-season to in-season to season completion.
Centric Market Intelligence™ is an AI-driven, market insight platform for data-informed decision-making on competitor offers and pricing as well as consumer trends and buying behavior.
Centric Visual Boards™ pivot actionable data in a visual-first orientation to ensure robust, consumer-right assortments and product offers.
Centric Software has integrated 3D, mobility, AI, cloud, SaaS, and Agile Development to develop their products. [16] [17]