Press Release: STRATACACHE Announces Partnership with Hakuhodo DY Holdings
STRATACACHE, leading global marketing technology solutions provider and parent company of Carmanah Signs, today announced a strategic technology partnership with Hakuhodo DY Holdings, a well-established international marketing, advertising, and communications company based in Japan. STRATACACHE and Hakuhodo DY Group plan to jointly develop innovative customer engagement experiences to influence shopper behavior and drive digital transformation.
This partnership comes in the midst of a retail evolution driven by shifting consumer demands, which is seeing more brands and retailers recognizing the value of digital transformation, leveraging advanced marketing technologies to boost in-store sales.
The Hakuhodo DY Group Digital Location Media Business Center brings marketing methods which reflect how "everyday lives are changing as a result of digitalization and technology." STRATACACHE's complementary marketing technology offering includes a full in-house suite of marketing technology hardware, software and services to deliver scalable, personalized customer experiences. Through STRATACACHE's in-house retail analytics platform, Walkbase, retailers are empowered to learn deeply about their customers' shopping preferences and behaviors, allowing for personalized shopper interaction.
The collaborative partnership offers a unique combination of STRATACACHE's digital technology solutions and Hakuhodo DY Holdings's marketing technology capabilities. The groups will conceptualize, develop and test new consumer experience strategies and scalable transformative technology solutions, providing a competitive edge in rethinking retail experiences and revolutionizing experiential retail. Further, the two companies will research new methods to enhance path to purchase marketing and develop best-in-class solutions for retailers, manufacturers and media companies.
Manish Kumar, Managing Director & SVP-APAC of STRATACACHE, said, "This collaboration fits into our strategic regional growth plan, strengthens our continual efforts to better serve our customers and helps to capture the immense potential in Japan and the expansive APAC region."
Chris Riegel, CEO of STRATACACHE, added, "At STRATACACHE, we create strategic partnerships to bring digital display, sensor, mobile and emerging technology to market, at scale. STRATACACHE strongly believes in technology innovation and adding value to the in-store experience our customers are delivering to their shoppers by continually enhancing our solution offering. This partnership with Hakuhodo DY Group's robust marketing and solid business networks make our partnership a clear win-win."
"Through this partnership, STRATACACHE is unlocking marketing and media capabilities and the extensive customer base of one of the largest integrated marketing solutions companies in Japan. We've heavily invested in the Asia-Pacific region, which has shown steady growth financially as well as in the retail technology sector. We are proud to partner with Hakuhodo DY Group to bring STRATACACHE's digital activation, personalized retail experiences and the power of in-store analytics to their client base," said Chris Riegel, CEO of STRATACACHE.
Learn more about STRATACACHE at www.stratacache.com and more about Hakuhodo DY Holdings at https://www.hakuhodody-holdings.co.jp/english/.
Chris Riegel, STRATACACHE CEO, pictured with Kyohei Hasegawa and Shinya Tokuhisa of Hakuhodo at NRF 2020: Retail's Big Show.
About STRATACACHE & Carmanah Signs
STRATACACHE delivers in-store retail experience transformation and exceptional customer journeys through a wide array of marketing technology. STRATACACHE powers the biggest digital networks for the world’s largest brands, with solutions that enable retailers to learn deeply about their customers' shopping preferences and behaviors, delivering targeted promotional or task-based messaging on any digital display.
Carmanah Signs, STRATACACHE’s global Lottery & Gaming Division, develops and delivers in-store marketing technologies including digital sign networks, interactive experiences, retail sensors, and innovative jackpot signs. Carmanah’s retail marketing technologies and data insights help lotteries and casinos transform the player journey, deepen player insights, boost brand equity, and increase sales.
Together, STRATACACHE and Carmanah Signs have over 3 million digital media devices and 155,000 wireless jackpot signs at retailers around the world, serving 55+ lottery jurisdictions and 700+ casinos on four continents. As an associate member of five global lottery associations, and an ongoing sponsor and content contributor to numerous lottery industry events, Carmanah Signs is the only digital signage provider committed to the lottery industry at this level.