ROSEVILLE, Calif.--(BUSINESS WIRE)--Revionics, Inc., the leading provider of End-to-End Merchandise Optimization solutions, announced today that it has been selected by Red Herring as a Top 100 Global Award winner of leading private companies from North America, Europe, and Asia. Revionics was chosen for its industry-leading financial performance, technology innovation, the quality of its management team, powerful business strategy and its strong global market penetration.
“We are very proud to be recognized as a global leader of end-to-end merchandise optimization technology, which enables retailers to compete more profitably in today’s highly-challenging market,” stated Marc Hafner, President and CEO of Revionics. “2012 has been an amazing year of growth and accomplishments, as this is our fourth prestigious industry award. A true testament that our SaaS-based technology has been extremely successful and that we are the industry leader in turning retailers’ big data into strategic merchandise recommendations.”
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Global to the Top 100 Winners. We believe Revionics embodies the vision, drive and innovation that define a successful entrepreneurial venture. Revionics should be proud of its accomplishment, as the competition was the strongest it has ever been.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.
About Revionics, Inc.
Revionics delivers the industry’s most powerful End-to-End Merchandise Optimization solution, enabling retailers of all sizes to execute a fact-based Omni-channel merchandising strategy utilizing the most comprehensive set of shopper demand signals to enhance financial performance with improved customer satisfaction. Revionics’ solutions leverage advanced predictive analytics and demand-based science to ensure retailers have the right product, price, promotion, placement and space allocation for optimal results across all touch points in the Omni-channel shopping episode – online, in-store, social and mobile. Offered on a scalable, high performance Cloud-based SaaS platform, these solutions future-proof retailers from Big Data/Fast Data challenges, while providing speed-to-ROI. Over 31,000 retail locations and $95B in annual revenue across grocery, drug, building materials, convenience, general merchandise, discount, sporting goods stores and eCommerce sites optimize with Revionics’ solutions. Revionics has been recognized as a 2012 Deloitte Technology Fast 500™, Red Herring Top 100 Global, Red Herring Top 100 Americas and JMP Securities’ Hot 100 Software Company. For more information, please visit www.revionics.com.