Aptos Labs Gets Major Investment

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Aptos Labs Gets Major Investment

05/16/2017
Aptos, Inc. announced a significant multimillion-dollar investment in Aptos Labs, the company's dedicated innovation development team focused on helping retailers create enterprises built for rapid change.

As retailers face extreme pressure to adapt their businesses for unified commerce, they require a way to simplify omnichannel complexity and accelerate speed to value. Leveraging its leadership in point of sale, customer engagement and order management technologies, Aptos Labs will help retailers keep pace as the needs of digital consumers constantly evolve.

"Consumer behavior has fundamentally changed; it is now time for retailers to consume and apply technology in a way that takes into account the new, rapid retailing model," said Noel Goggin, CEO and culture leader at Aptos. "Bulky, expensive and hard to integrate on-premise software is a thing of the past. Retailers are looking for 'what's next,' and that's where Aptos Labs comes in."

With an emphasis on ongoing innovation, yielding new capabilities and intensifying return on investment, Aptos Labs is developing a cloud-native, mobile-first and unified commerce services platform. The platform will foster an active supporting community of retailers, software partners and system integrators, empowering retailers to quickly onboard new capabilities and create differentiated and personalized customer experiences.

The focus of Aptos Labs' platform development includes:
  • Microservices architecture
  • Mobile-first, rich client applications
  • Extensibility throughout
  • Cloud-native services
  • Integration to current Aptos Singular Commerce solutions
"Aptos Labs is focused on delivering the evolution of our Singular Commerce platform by solving tough problems like in store resiliency, extensibility, and harmonizing logic across channels in a true scalable, cloud-native environment," said Mike Verdeyen, technology leader at Aptos. "We will achieve this by developing an ecosystem and removing barriers for retailers and partners while keeping auto-scaling and security inherent in the platform with a modern experience for the end user."

Several leading retailers have partnered with Aptos Labs, with results of those development initiatives expected to be announced at the National Retail Federation's Retail's BIG Show, Jan. 14-16, 2018.