Pano Anthos highlighted in Forbes

As existing retailers don’t meet consumers’ needs, Forbes addresses the reasons why many stores are closing down. In this context, our Managing Director highlighted in his presentation at XRC Cohort 3 Demo Day event that technology and retail are structurally at odds. Here’s why–

Technology companies have these attributes:

  • Fail fast and often
  • Build to learn
  • You know better
  • Do it first, ask for forgiveness later
  • Open the network, move forward

Retailers have these attributes:

  • Never fail
  • It has to be perfect the first time
  • We know better
  • Get permission before acting
  • Close the network with exclusive arrangements only

Click here to read the feature in Forbes.

 


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