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IRI Fast Extract (FACT)

IRI’s FACT (Fast Analysis and Comparison Tool) is a powerful analytics software designed to empower businesses with real-time insights and data-driven decision-making capabilities. It enables users to seamlessly analyse vast datasets, uncover trends, and generate comprehensive reports, all while ensuring high performance and scalability. With its intuitive interface and advanced functionalities, FACT is tailored to meet the needs of various industries, including retail, finance, and healthcare.

Core Features

  • Advanced Data Analytics: Utilises sophisticated algorithms to perform in-depth analyses across large datasets.
  • Real-Time Reporting: Generates actionable insights and reports instantly, aiding swift decision-making.
  • User-Friendly Interface: Designed with an intuitive layout that simplifies navigation and data manipulation.
  • Customisable Dashboards: Users can create personalised dashboards to monitor key metrics and KPIs effectively.
  • Multi-Source Data Integration: Facilitates the integration of data from various sources for comprehensive analysis.
  • Collaboration Tools: Enhances teamwork through sharing capabilities and collaborative features within the platform.
  • Scalability: Efficiently handles growing data volumes, making it suitable for businesses of all sizes.

Benefits

  • Enhanced Decision-Making: Provides critical insights that enable businesses to make informed decisions quickly.
  • Increased Efficiency: Automates data analysis processes, allowing teams to focus on strategy rather than manual data handling.
  • Cost Savings: Reduces operational costs by streamlining data management and analysis workflows.
  • Improved Collaboration: Fosters a collaborative environment where teams can share insights and strategies effectively.
  • Competitive Advantage: Equips businesses with the analytical tools needed to stay ahead in their respective markets.
FAQ's

Frequently Asked Questions about IRI Fact

Who are IRI?

IRI (Information Resources, Inc.) is a data and analytics company that provides market research and insights for the consumer packaged goods, retail, and healthcare industries. Established in 1979, IRI helps businesses understand market trends, consumer behaviour, and competitive dynamics through advanced analytics and data solutions.

What are IRIs products?

IRI offers a range of products including analytics, data management, and market insights tools, such as IRI Fact. IRI Fact is specifically designed to provide fast and actionable insights from point-of-sale data, enabling businesses to make informed decisions quickly.

What services do IRI offer?

IRI provides services including data collection, analytics, consulting, and support for businesses looking to leverage data for growth. They also offer custom research and reporting services tailored to specific client needs.

What type of companies do IRIs products suit?

IRIs products are suitable for companies in the consumer packaged goods (CPG), retail, and healthcare sectors, particularly those seeking to enhance their data analytics capabilities and improve market insights.

How much does IRIs product cost?

Pricing for IRIs products, including IRI Fact, can vary based on the specific services and data packages chosen. It is advisable to contact IRI directly for a tailored quote based on individual business needs.

Does IRI offer a free trial?

IRI does not typically offer a free trial for IRI Fact. However, potential customers are encouraged to contact the sales team for information on demonstrations or pilot programmes.

What discounts does IRI offer on their products?

IRI may offer promotional discounts or special pricing for new customers or under specific circumstances. It is recommended to inquire directly with IRI for details regarding any current offers.

Are there any hidden fees or additional costs with IRI?

There are no publicly disclosed hidden fees associated with IRIs products; however, additional costs may arise based on custom services or added data features. Clients should clarify any potential costs during the initial enquiry.

Who uses IRIs products?

IRIs products are used by a wide range of businesses, including manufacturers, retailers, and marketers in the CPG and healthcare sectors, who require data-driven insights to optimise their operations and strategies.

What are the main features of IRIs products/services?

Main features of IRI Fact include real-time access to point-of-sale data, comprehensive market analytics, custom reporting capabilities, and intuitive dashboards, which facilitate quick and informed decision-making.

How does IRI compare to its competitors?

IRI is known for its strong focus on data analytics and market insights, competing with other major players in the market research field, such as Nielsen and Kantar. IRI differentiates itself through its proprietary data sources and advanced analytical tools.

Is IRIs platform easy to use?

IRIs platform, including IRI Fact, is designed with user-friendliness in mind, featuring intuitive interfaces and easy navigation to ensure users can access the insights they need without extensive training.

How easy is it to set up IRIs product or service?

The setup process for IRI Fact is streamlined, usually involving an initial consultation with IRI’s support team to tailor the solution to the client’s specific needs, followed by straightforward integration into existing systems.

Is IRI reliable?

IRI has a strong reputation for reliability in the market research industry, backed by decades of experience and a robust data infrastructure that ensures accurate and timely information delivery.

Does IRI offer customer support?

Yes, IRI provides customer support through various channels, including dedicated account management, technical support teams, and online resources to assist users with any queries or issues.

How secure is IRI’s platform?

IRI employs industry-standard security measures to protect user data, including encryption, secure access controls, and regular security audits to ensure the integrity and confidentiality of information processed through its platform.

Does IRI integrate with other tools or platforms?

IRI Fact is designed to integrate with various business intelligence and data management tools, enhancing its usability within existing workflows and systems used by clients.

Can I use IRI on mobile devices?

IRIs platform is optimised for access on mobile devices, allowing users to retrieve insights and reports while on the go, facilitating easier decision-making in real-time.

What do users say about IRI?

User feedback on IRI generally highlights the platforms effectiveness in providing actionable insights and the quality of customer support, although some users mention a learning curve associated with more advanced features.

What are the pros and cons of IRI?

Pros of IRI include robust data analytics capabilities, comprehensive market insights, and strong customer support. Cons may include pricing that some smaller companies may find prohibitive and a steep learning curve for advanced features.

How can I purchase IRI’s services?

IRI services can be purchased directly through their website by contacting their sales team, who will provide information on available products and help facilitate the procurement process.

What is the cancellation or refund policy for IRI?

IRIs cancellation and refund policy may vary depending on the specific service agreement. It is advisable to review the terms at the time of purchase or consult with a sales representative for clarity.

What are the common use cases for IRI?

Common use cases for IRI include sales performance analysis, market trend identification, consumer behaviour insights, and competitive analysis, helping businesses make data-informed decisions.

Why choose IRI over other options?

Choosing IRI may be advantageous for businesses seeking a comprehensive data analytics solution with a focus on consumer insights and market trends, along with robust support and integration capabilities.

How easy is it to set up IRI?

The setup process for IRI products, including IRI Fact, is designed to be user-friendly, typically involving collaborative setup and training sessions with IRI representatives to ensure a smooth integration.

Does IRI offer training or tutorials?

Yes, IRI provides training and tutorials to help users maximise the benefits of their products. These resources are typically available through their support portal or as part of the onboarding process.

What languages does IRI support?

IRI primarily offers its services in English, but may provide support in additional languages depending on the market and client needs. It is advisable to confirm with IRI for specific language options.

What problems does IRI solve?

IRI addresses challenges related to data analysis, market understanding, and consumer insights, enabling companies to make informed decisions based on real-time data and analytics.

Is IRI worth the investment?

IRI can be considered a worthwhile investment for companies that require comprehensive market insights and data analytics to drive business growth and competitive advantage, particularly in the CPG and retail sectors.

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