Strong growth, customer acquisition efficiency and SaaS-based Big Data analytics innovation recognized
AUSTIN, TX – (September 9, 2014) – Revionics, Inc., a leading global provider of End-to-End Merchandise Optimization solutions, today announced that it has been named to JMP Securities’ "Hot 100: Best Privately Held Software Companies" list for the third consecutive year. Compiled by the software research team at JMP Securities, a full-service investment bank, the 2014 list profiles 100 of the best private companies in various sectors of the software industry. The “Hot 100” list is selected each year based on the evaluation of multiple criteria. The key criteria for 2014 was durability of business model – specifically the efficiency of a company’s customer acquisition strategy, the massive shift to SaaS and next generation analytics that address the challenges of big data and make analytics consumable by everyone, everywhere.
Revionics was chosen from thousands of companies, based on the global adoption of its End-to-End Merchandise Optimization solutions, which enable retailers of all types and sizes to find profits in Big Data at the speed, scale and frequency required to remain competitive in today’s rapidly changing retail landscape. Leveraging a SaaS model powered by advanced predictive analytics and proprietary science, Revionics’ solutions empower retailers to execute fact-based, shopper-centric merchandising and competitive strategies and tactics, including optimal price, promotion, markdown, assortment and space decisions. With one of the largest SaaS-based install rates – over 37,000 retail sites globally – Revionics’ customers typically see a 2%-5% increase in gross margin, a 2%-7% increase in sales and on average a $10 return on every dollar invested.
“Being recognized for the third consecutive year by JMP Securities is a testament to the industry’s acknowledgement of the value driven by our advanced optimization solutions,” said Marc Hafner, Revionics CEO. “Revionics is off to another strong start, with first half 2014 SaaS sales up over 300% year-over-year, revenue up 49% and renewals at 100%.”
The JMP "Hot 100" listing joins a growing collection of awards for Revionics. Engage with Revionics and learn how to increase customer loyalty and compete more profitably by visiting www.revionics.com.
About Revionics, Inc.
Revionics delivers proven End-to-End Merchandise Optimization solutions, enabling retailers of all sizes to execute a fact-based omnichannel 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 omnichannel shopping episode – online, in-store, social and mobile. Offered on a scalable, high performance SaaS platform, these solutions deliver insights and recommendations at speed, scale and frequency, while providing speed-to-ROI. Over 37,000 global retail locations representing $150+B 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 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.