May 24, 2012
Leveraged in over 30,000 retail locations worldwide, Revionics’ price optimization solutions stands above the rest for helping retailers improve profitability and customer loyalty
ROSEVILLE, CA - May 24, 2012 - Revionics, Inc., the leading provider of retail life cycle price optimization solutions which are optimizing 30,000+ retail stores weekly, announced today that it has won Red Herring’s Top 100 Americas Award in recognition of the company’s industry-leading financial performance, technology innovation, the quality of its management team, powerful business strategy and its strong market penetration.
Red Herring’s Top 100 Americas 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 North America 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 very strong.”
"We are very honored to have won the Red Herring Top 100 Americas Award," said Marc Hafner, President and CEO of Revionics. "As the demand for our price optimization solutions rapidly grows in the retail industry, not only in the Americas but globally, this award further validates that we are the leader in our industry and our customers are benefiting from our powerful innovation, the strength of our team and our relentless strive for excellence. Winning such a prestigious award further empowers us to work even harder on behalf our customer's success.”
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 sector 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 in Americas.
About Revionics, Inc.
Revionics is the leader in delivering innovative predictive analytics for retail life cycle price optimization solutions, including base price, promotion, and markdown planning and optimization. The Revionics solution leverages an integrated demand forecast, enabling a coherent view of customer demand across all decision areas. Our proprietary approach applies advanced analytics and science to predict shopper behavior, empowering retailers to achieve their financial objectives, improve customer loyalty, and make better, faster decisions in today’s dynamic marketplace. Our solutions are delivered on a high performance, scalable software-as-a-service (SaaS) platform. Over 30,000 retail locations across grocery, drug, building materials, convenience, general merchandise, discount and sporting goods stores are priced using Revionics solutions. For more information, please visit www.revionics.com.