prudsys AG is celebrating its 20th birthday in September. Retailers across the globe use solutions developed by the leading provider of agile AI technologies.

prudsys AG is celebrating 20 years since its founding this September. The Chemnitz-based company automates processes across the entire retail value chain by using intelligent algorithms. Co-founder and board member Jens Scholz: “We can look back on 20 years of business success. The original idea and a handful of staff have evolved into a technology company with over 50 employees and an extensive product portfolio. With our ear tuned to the market and a strong research and development team, we have progressed to become one of the leading providers of AI applications in retail.”

In 1998 a group of friends studying mathematics and information technology at Chemnitz University of Technology formed the company prudsys. In the years that followed, they went on to develop ideas and solutions based on data mining processes that would benefit retail companies in particular. As a pioneer in the fields of realtime personalization and automated pricing, prudsys actively works to shape the development of omnichannel business from the outset. Currently 470 installations of prudsys solutions are running around the world. The Chemnitz-based company’s customers include baby-walz, COOP, Douglas, OBI, Thalia and Würth.