Industry Veteran Will Help Hypersonix To Better Serve Grocery and Convenience Retailer’s Needs
San Jose, California — Today, Hypersonix Inc., a fast-growing Artificial Intelligence powered analytics platform provider has announced that John R. Lucot, a long-time grocery industry senior executive has joined the Hypersonix Executive Advisory Board.
Hypersonix established the Executive Advisory Board to help the company develop industry-aligned strategies and product roadmaps focused on the most essential problems and opportunities in the sectors it focuses on. Lucot joins other senior level Executive Board Members from other industries.
Lucot spent forty-two years at Giant Eagle, Inc., a $10+ Billion Dollar, multi-format retailer headquartered in Pittsburgh, Pennsylvania. Lucot retired in 2016 as the company’s President and Chief Operating Officer. Lucot also served as a member of Topco Holdings Board of Directors where he served as the Chairman of the Board in 2016. Topco is the largest American retail food Group Purchasing Organization banding together the leading regional retail and wholesale grocers across the US. Lucot was also actively involved as a longtime Board Member at the Food Marketing Institute (FMI). The FMI Food Industry Association, based in Arlington, Virginia, is an American trade association for food marketing, food retailers, and wholesalers. Lucot continues to serve on a variety of other industry and charitable boards.
“The grocery industry is ripe for transformational change and it is simply no longer possible for retailers to accomplish their strategic goals with old processes, legacy technologies, and dated strategies holding them back,” said John Lucot. “I am excited to be involved with Hypersonix for two primary reasons; first, I love the grocery industry and I want to play a role in bringing new ideas and capabilities to help them thrive, second, I have always enjoyed working with young, innovation companies and Hypersonix is one of the most interesting grocery-focused technology companies that I have seen in a long time.”
“We are very pleased to welcome John Lucot to our Executive Advisory Board where he will help to guide our strategies and focus on the most impactful things that we can do to help great retailers leverage advanced analytics to make better, faster decisions,” said Prem Kiran, Founder and Chief Executive Officer of Hypersonix. “Retailers have always been a data rich, insights poor environment and our company is committed to help retailers find profitable growth opportunities from insights in their data.”
About Hypersonix, Inc.
Hypersonix is the world’s first AI-driven Autonomous Analytics Platform for Consumer Commerce. It equips every decision-maker in the company with instant data, insights, and recommendations, which empower them to make decisions at the speed of thought. With innovations in artificial intelligence, machine learning and natural language processing, Hypersonix comprehends queries in natural language and helps uncover hidden insights with a Google-like experience in seconds. Founded in 2018 and backed by prestigious investors such as Intel Capital, Hypersonix serves a variety of industries including Retail, eCommerce Restaurants, Hospitality, and CPGs. For more information on Hypersonix, Inc., please visit: www.hypersonix.ai
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