SMARTRAC and Catalyst decided to join forces in developing comprehensive RFID and IoT solutions that will empower retailers and brands to leverage their data.
AMSTERDAM, THE NETHERLANDS, September 15, 2016 /EINPresswire.com/ — RFID and IoT pacesetter Smartrac and Catalyst, a global supplier of retail solutions, have signed a memorandum of understanding (MoU). The two companies will join forces in developing comprehensive RFID and IoT solutions that will empower retailers and brands to leverage data to significantly improve in-store performance and optimize customer experiences and product lifecycles.
Smartrac and Catalyst have independently developed and marketed solutions based on RFID technology and the Internet of Things (IoT) for brands and retailers. By combining their respective strengths, they are best-positioned to respond to an ever-increasing market demand for innovative solutions that enable compelling services for retailers, brands and consumers.
Source: Smartrac and Catalyst sign Memorandum of Understanding – EIN News