Relex Solutions Oy
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Relex Solutions Oy is a Finnish software company headquartered in Helsinki [1] Founded in 2005, the company specializes in providing supply chain management solutions for retailers and manufacturers. [2] Relex Solutions' software platform is designed to optimize inventory management, enhance efficiency, and improve operations in the retail and manufacturing sectors. The software utilises AI and machine learning capabilities. [3] The company acquired Galleria Retail Technology Solutions in 2016, further expanding its capabilities in the industry.
In 2022, Relex Solutions received €500 million in funding from Blackstone.[4] This funding has significantly contributed to the company's growth and solidified its position in the market. Relex Solutions has been valued at €5 billion.
Relex Solutions provides major companies with supply chain management and planning such as Sheets,[5] and DoorDash [6] Relex Solutions is identified as a challenger in the Gartner Magic quadrant.[7] The company is listed as one of the top 500 biggest companies in Finland [8]
References[edit]
- ↑ https://www.bloomberg.com/profile/company/1314317D:FH#xj4y7vzkg.
- ↑ "Kasvuyritykset | Jokaisen suomalaisen kaupassa käyntiin vaikuttava Relex keräsi Suomen historian suurimman rahoituksen, joka ylittää Woltin jättipotinkin". Helsingin Sanomat. February 17, 2022.
- ↑ Smith, Jennifer (March 27, 2019). "Food Lion, Other Grocers Will Use AI for Food Suppliers" – via www.wsj.com.
- ↑ "Acquisitions are at an all-time high in European industrial tech startups | Sifted".
- ↑ "Sheetz Selects RELEX Solutions to Drive Additional Optimization Across Supply Chain". www.businesswire.com. January 18, 2022.
- ↑ https://retailtechinnovationhub.com/home/2022/8/31/doordash-just-made-a-great-decision-with-its-relex-solutions-tie-up-heres-why.
- ↑ "Magic Quadrant for Supply Chain Planning Solutions". Gartner.
- ↑ "TE500". Talouselämä. June 9, 2022.
External links[edit]
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