Skyfii (ASX:SKF) has just signed a Services Agreement with private property investment group - the Precision Group.
The data analytics and marketing services company will deliver services across five shopping centres across Australia and New Zealand.
The three year contract will see the deployment of Skyfiis full suite of IO platform services.
Advancements in cloud, mobile technology and Wi-Fi systems have enabled bricks-and-mortar venues to become more competitive
The founder and CEO of the Precision Group Shaun Bonett say the future of traditional retails is to embrace technology. and that major retailers have to get smarter to compete with their multinational competitors – especially online retailers.
Shares in Skyfii (ASX:SKF) are up 3.03% to $0.17