March Networks partners with EZUniverse for retail analytics
March Networks Searchlight for QSR powered by 360iQ combines March Networks’ enterprise video solutions with 360iQ, the cloud-based data analytics solution from EZUniverse.
According to the companies, it provides franchise owners and managers with valuable business insights into sales and productivity numbers, best-selling products, labor reports and other operational data in real-time using customizable dashboard reports on either a secure, intuitive mobile app or a browser-based software client.
The service also provides loss prevention reports with fully integrated point-of-sale (POS) transaction data and high-definition video, as well as live and recorded surveillance video views.
Franchise owners can also subscribe to remote store audits performed by a team of experts in the area of loss prevention, store operations and compliance. The solution will be available through certified solution partners who will perform installation and support services.
“With an estimated 250,000 plus QSR and fast casual locations in the U.S., we view this market as a high growth segment,” said Peter Strom, president and CEO, March Networks, in a statement. “The 360iQ solution stood out as clearly best-in-class based on its proven value to QSR retailers, exceptional user experience and scalability. When combined with our leading enterprise video solution, we are confident that we have a very competitive service offering and we look forward to working with EZUniverse to continue developing innovative business solutions.”
In addition to the partnership, Strom and Jeffrey Liu, Chairman of Infinova, have joined the Board of EZUniverse.
“EZUniverse has always been on the frontline of technology and product innovation, and we are thrilled that 360iQ has been recognized by a global player like March Networks. We look forward to working with the March Networks team to build a leadership position in the global QSR space. With this partnership, we are receiving significant interest from many of the international brands, and now the product will have both a powerful worldwide presence and a sizeable salesforce to commandeer the market,” said Leszek James, Chairman and CEO of EZUniverse.
Searchlight for QSR will be available for purchase directly from March Networks in the U.S. and Canada in early September.