| | MARCH 20244VOL 10 · ISSUE 1 - 3 · MARCH, 2024 PublisherOffice Editorial queries editor@ciotechoutlook.com To subscribeVisit www.ciotechoutlook.com/magazine/or send email to: subscription@ciotechoutlook.comMagazine Price is Rs 150 per issuePrabhu Dutta A.R.N RayAlok ChaturvediManager DesignMagendran PerumalCirculation ManagerEditorial TeamNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Mrigank SharmaSurbhi SumanManaging EditorSudhakar SinghVisualizersAdvertising queriessales@ciotechoutlook.comBangaloreTel 080 46441103Gm Sales & MarketingRavi KalgiPrinted and published by Alok Chaturvedi on Behalf of Biz Print Media Technologies Pvt Ltd and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 Biz Print Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Hima P MRoshan AktharNalini BramhanpalliViswanathan ANoidaTel 120 4639300EDITORIALDRIVING RETAIL EVOLUTION THROUGH TECHNOLOGY Retail technology solutions market in India has been growing with a high speed due to the many factors like rising internet penetration, smartphone usage, economic changes as well as the adoption of digital payment systems. The combination of a booming middle class, a youthful population, and a built in technology orientation in India's demographic provides a fertile ground for retail technology providers. Among the key factors that shape the expansion of the retail technology solutions market is the omni-channel direction. Retailers are placing emphasis on bridging the gap between their physical and digital storefronts to give their customers a smooth shopping experience. Due to this, POS systems, inventory management software, and CRM tools have become widely required as a complete solution.The government of India has started the Digital India and Make in India programs, and it is these programs that became the main factors of the growth of retail technology solutions market. These initiatives are designed to bring about the adoption of digital technologies and also boost indigenous manufacturing with a view to producing a business climate for technology providers. Also, technical startups in India have been the drivers of creativity, whereby new products are designed for specific retail needs. These startups use AI, ML, and data analysis to offer customized shopping, supply chain optimization, and increasing operational efficiency for retailers. The retail sector has been adopting digital transformation as a key element of their vision for the future. This implies that the demand for retail technology solutions is predicted to keep on rising in the years to come. In this issue, we present to you the most promising players in this arena. The best CIOTechOutlook could do after conducting detailed research of the business sector was to determine the key players based on their precision strategies. These companies have proven their constant devotion to meeting and exceeding the customers' expectations. We welcome you to share with us your comments and recommendations. Sudhakar SinghManaging Editorsudhakar@ciotechoutlook.com
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