|By Business Wire||
|December 19, 2013 06:01 AM EST||
Revionics, Inc., the leading provider of End-to-End Merchandise Optimization solutions, announced today that CIO Review, a leading technology magazine that covers enterprise solutions, has named Revionics one of the Most Promising Retail Technology Solution Providers of 2013. Revionics was chosen based on the company’s proven ability to help retailers compete more profitably and improve customer loyalty through their End-to-End Merchandise Optimization solutions. This prestigious industry recognition was based on an in-depth evaluation of Revionics’ solutions, which are used by over 37,000 retail sites around the world.
Hyper-competition, format encroachment, channel blur, and increasingly price conscious, informed shoppers are compelling retailers to better understand shopper behavior and preferences. Leveraging demand-based science and predictive analytics, Revionics’ solutions enable mid-size to super tier one retailers to execute shopper-centric merchandising and competitive strategies and make fact-based price, promotion, markdown, assortment and space allocation decisions. A panel of leading experts and members of CIO Review’s editorial board selected Revionics for this annual recognition, which is designed to raise awareness of industry-superior technology and innovation.
"We are honored to be selected as one of CIO Review's Top 20 companies,” said Marc Hafner, Revionics President and CEO. “This recognition underscores the need for optimization solutions and the strong success our customers around the world are experiencing from their use. Being named to this prestigious list further empowers us to continue to innovate and enhance our customer’s ability to improve their financial performance and shopper loyalty.”
"Revionics has been on our radar for some time now for igniting a revolution in retail technology and we are proud to showcase them this year due to their continuing excellence in delivering top-notch retail software solutions," said Harvi Sachar, Publisher & Founder, CIO Review. “Revionics’ solutions continued to break new ground in 2013, benefiting its customers around the globe and we’re excited to have them featured on our top companies list.”
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 37,000 global retail locations and $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 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.
About CIO Review
CIO Review constantly endeavors to identify "The Best" in a variety of areas important to tech business. Through nominations and consultations with industry leaders, our editors choose the best in different domains. Top 20 Retail IT Solution Providers is a listing of 20 Most Promising Retail IT Solutions provider companies in the U.S.