Jesta I.S. Launches FarsightIQ: ML + Agentic AI Power Actionable Retail Intelligence

MONTREAL–(BUSINESS WIRE)–#AI–Jesta I.S. today announced the launch of FarsightIQ, a new AI-focused division delivering what the company calls one of retail’s most advanced AI-driven commerce platforms—where machine learning and agentic AI don’t just predict what’s next, they help retailers act on it.

FarsightIQ combines advanced machine learning, including deep-learning ensemble models, with practical agentic AI capable of recommending and executing actions. The result is an intelligence layer that transforms data into foresight—and foresight into real-time decisions and automation across retail operations.

“After 55 years of deep retail expertise, the rapid evolution of AI presented the perfect opportunity to evolve our offerings and create a dedicated AI center of excellence,” said Arvind Gupta, President of Jesta I.S. “FarsightIQ represents the natural progression of our legacy, blending proven domain knowledge with cutting-edge AI to help our clients navigate the future of retail. One of the most exciting aspects of FarsightIQ is that its AI solutions are trained on each customer’s own enterprise data, flowing through Jesta’s Vision Suite, and are securely hosted in Jesta’s private cloud. In addition, our AI and ML models incorporate external signals—such as market trends, weather, and local events—to deliver truly localized, multidimensional demand forecasts.”

FarsightIQ combines deep retail domain expertise with modern AI to address one of the industry’s biggest challenges: transforming insights into action at speed and scale. Strong market demand for AI-powered decision-making and the success of recent AI pilots accelerated the creation of this dedicated division.

From Insight to Action—Powered by ML and Agentic AI

At the core of FarsightIQ are advanced ML models that analyze historical and real-time retail data to uncover patterns and predict outcomes such as demand shifts, inventory risks, and operational anomalies with high accuracy. What differentiates FarsightIQ is its agentic AI layer—AI “co-pilots” that can recommend next-best actions with “Human in the Loop” capabilities that ensure the enterprise remains in control.

For example, FarsightIQ can be used to identify any upcoming stockouts and enable the buying and inventory management teams to execute a replenishment or transfer. Agents within the suite can detect invoice discrepancies and reconciliation steps required to ensure inventory integrity and cost controls. Other agents leverage AI’s ability to attribute new products through images, which can be used throughout the commerce channels, reporting and analytics. As new data flows in, models continuously learn and adapt, enabling proactive, self-improving decision-making with minimal human effort.

This insight-to-action approach marks a significant shift from traditional analytics toward AI that actively drives efficiency, agility, and results.

A Modular AI Suite Across Retail Operations

FarsightIQ launches with a modular suite of AI capabilities spanning strategy, merchandising, supply chain, and finance. Retailers can deploy modules individually or as a fully integrated platform.

forecastIQ
A demand forecasting engine using deep-learning ensemble models to deliver highly accurate pre-season and in-season forecasts. By synthesizing multiple demand signals, forecastIQ enables better buying, allocation, and replenishment decisions—helping retailers maximize sell-through while minimizing excess inventory.

replenishIQ
An intelligent auto-replenishment engine that uses forecastIQ’s output to keep each store/channel optimally stocked in-season, reducing missed sales and unsatisfied customers.

optimizeIQ
Delivers network-wide inventory optimization to balance stock across the chain and minimize excess, reducing markdowns, increasing maintained margins, and improving customer experience.

advisorIQ (Ask Jane)

An AI-powered strategic advisor that allows users to query their business in natural language. From performance insights to exception analysis, advisorIQ delivers instant answers, reports, and recommendations across merchandising, stores, e-commerce, and finance—dramatically accelerating decision cycles and making advanced analytics accessible to all roles. advisorIQ leverages advanced LLM capabilities that query against retailers’ data and can simultaneously access industry data to align with industry best-practices and trend analysis.

styleIQ
A computer vision module that automatically identifies and tags product image attributes such as color, pattern, and silhouette. By improving product data quality at scale, styleIQ enhances search, filtering, assortment analysis, and planning—while eliminating time-consuming manual tagging.

matchIQ
An AI-driven invoice matching solution that automates three-way matching between invoices, purchase orders, and receipts. Using OCR and intelligent matching, matchIQ flags discrepancies and auto-approves clean invoices, significantly reducing processing time, errors, and manual effort in accounts payable.

Additional Modules

FarsightIQ also includes intelligent replenishment, inventory optimization, and AI-assisted assortment planning capabilities. Each module integrates seamlessly into existing workflows and shares a common data foundation, forming a unified intelligence hub across the retail enterprise.

Extending Jesta’s Vision Suite with AI

“FarsightIQ is designed to empower all retail and wholesale brands, regardless of their current technology stack,” added Arvind Gupta. “Our system-agnostic, API-driven approach ensures seamless integration with any existing solutions, delivering advanced AI capabilities that drive efficiency and growth for every client.”

FarsightIQ is designed to operate as a “black box”, living on top of any Retail Merchandising System or ERP. It supports a complete pipeline to training data process flow to ensure only cleansed and augmented data is used for training. For existing clients of the Jesta suite, while FarsightIQ is system-agnostic and API-enabled, it is poised to deliver minimal time and maximum value when layered onto Jesta’s unified commerce platform—transforming operational systems into a connected, AI-powered ecosystem.

Insights generated by FarsightIQ flow directly into execution systems, enabling a closed-loop process from prediction to action. Merchandising, stores, e-commerce, supply chain, and finance operate from a shared intelligence layer, ensuring alignment and faster response across the business.

55 Years of Retail Expertise—Now AI-Powered

FarsightIQ represents a bold evolution of Jesta’s legacy, not a departure from it. Developed by data scientists working alongside retail domain experts, the platform is grounded in real-world retail workflows and challenges—not theoretical AI use cases.

By launching FarsightIQ as a distinct brand (“FarsightIQ by Jesta I.S.”), Jesta underscores its unwavering commitment to technological innovation and to empowering retailers in an ever-evolving landscape. This dedicated AI division signals agility and forward-thinking leadership, while remaining firmly backed by Jesta’s 55-year legacy of stability, deep domain expertise, and trusted partnerships.

Real-World Impact and What’s Next

Early adopters of FarsightIQ have already seen meaningful results, including improved forecast accuracy, leaner inventory positions, faster financial close cycles, and margin gains driven by faster, better-informed decisions.

Looking ahead, Jesta plans to expand FarsightIQ with additional ML and generative AI capabilities, deeper automation, and new computer vision use cases—continuously advancing toward more autonomous decision execution where appropriate. The platform’s modular design ensures it evolves alongside customer needs and advances in AI technology.

With FarsightIQ, Jesta I.S. aims to close the gap between data and action—empowering retailers to operate with AI-driven foresight, grounded in 55 years of retail experience.

About Jesta I.S.

For over 55 years, Jesta I.S. has been a trusted provider of unified commerce solutions for retailers, wholesalers, e-tailers, and brand manufacturers. Jesta’s Vision Suite spans merchandising, supply chain, store operations, omnichannel order management, and financials—helping clients streamline operations and deliver seamless customer experiences. With the launch of FarsightIQ, Jesta continues its legacy of innovation by delivering the next generation of AI-driven retail intelligence. Headquartered in Montreal, QC, with global offices. Learn more at jestais.com and farsightiq.com.

Contacts

Media Contact: Melanie Frank, Marketing Manager, Jesta I.S., marketing@jestais.com