November 14, 2012
ROSEVILLE, CA – November 14, 2012 – Revionics, Inc., the leading provider of End-to-End Merchandise Optimization solutions, today announced it ranked 79th on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America.
Inclusion in the Technology Fast 500 award list is based on percentage of fiscal year revenue growth from 2007 to 2011. Revionics’ President and Chief Executive Officer, Marc Hafner, credits the company’s stellar growth with: its ability to penetrate a broad range of retailers globally – super tier one to tier three across a variety of retail verticals; industry-superior products that drive measurable financial results and demonstrated ROI; continued product innovation; and the company’s near 100% renewal rate.
“We are very proud to be on Deloitte’s Technology Fast 500™ ranking. Our team has worked extremely hard to ensure that we are industry leading – from product innovation, to customers support, to education and training, to our sales strategy. Our team should be very proud of this accomplishment as it is a testament to our dedication and commitment to our retail customers and the industry,” stated Hafner.
Around the world, today’s retailers are battling intense competition from existing competitors, format encroachment by new competitors, rising commodity costs and increasingly price-conscious, informed shoppers that rapidly shift their buying behavior. This award confirms the value of integrating shopper-centricity and localization into a retailers merchandise planning strategies and tactics. As a complete End-to-End Merchandise Optimization solution, Revionics provides retailers with state-of-the-art software that enables the planning, execution and effectiveness measurement of assortment, pricing, promotion, markdown and space allocation strategies and tactics across all shopper touch points and channels – online, in-store, social, mobile. Revionics’ sophisticated yet usable science delivers a coherent view of customer demand while uniquely providing transparency into the recommendations.
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
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 Red Herring’s Top 100 Americas and JMP Securities’ Hot 100 Software Company. For more information, please visit www.revionics.com.