November 15, 2012
Revionics chosen for its retail software innovation, strong financial performance and global market share and management execution
ROSEVILLE, CA – November 15, 2012 – Revionics, Inc., the leading provider of End-to-End Merchandise Optimization solutions, announced that it has been selected as a finalist for Red Herring's 2012 Top 100 Global award, a prestigious recognition honoring the year’s most bold and far reaching private technology companies and entrepreneurs from across the globe.
The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1000 companies from over 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.
“It is an honor to be a Red Herring Global Finalist which further cements our leadership position in delivering the most powerful End-to-End Merchandise Optimization Solutions that ensure retailers have the right product, price, promotion, placement and space allocation across all touch points in the Omni-channel shopping episode – online, in-store, social and mobile,” stated Marc Hafner, Revionics President and CEO. “Retailers around the world are battling intense competition, rising costs and increasingly price-conscious, informed shoppers that rapidly shift their buying behavior. Our demand-based solutions enable retailers to improve customer loyalty and compete more profitably.”
“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, Chairman of Red Herring. “2012 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. Revionics has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2012 Top 100 Global Award."
The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, November 27-29 2012. The Top 100 winners will be announced at a special awards ceremony on November 29 at the event.
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 Americas and JMP Securities’ Hot 100 Software Company. For more information, please visit www.revionics.com.