Pano Anthos highlighted in Forbes

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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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