Beonic won the Rising Star award for South Australia, as part of the Deloitte Technology Fast 50 program. The award recognises Beonic’s outstanding success in providing retail intelligence systems to blue chip retailers including ABC Bookshops; Telstra Shops; Rebel Sports; Jeans West; Bang & Olufsen Australia; Louis Vuitton; Tiffany & Co. and Harvey Norman.

Beonic’s retail intelligence systems equip managers to learn how to convert store visitors into actual customers. By measuring the relationship between visitor numbers and actual sales, Beonic enables retailers to make more effective decisions about marketing, merchandising and service levels. This leads to greater revenue and more satisfied customers.

Beonic Managing Director Peter Cohen said Beonic provided the missing link for retailers. “Our growth is fuelled by the strong need for more sophisticated retail intelligence,” he said. “The missing link is our ability to identify sales conversion rates – the relationship between visitor numbers and actual sales – which enables retailers to measure and learn quickly what actions are most likely to maximise sales and profitability.”

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