|By Business Wire||
|April 2, 2014 09:09 AM EDT||
Terapeak, the leading source for analyzing, understanding and predicting consumer and product behavior in ecommerce, is rapidly gaining momentum as online sellers recognize the value of actionable intelligence from big data and Terapeak’s groundbreaking solutions in this arena. As the first authorized analytics provider of eBay market data, Terapeak has maintained a strong growth trajectory as the ecommerce sector continues to transform retail.
eBay’s recent 2013 full year and fourth-quarter earnings report reflected strong revenue and growth, with earnings rising to $4.5 billion for the final quarter and 21% volume acceleration resulting in 14% revenue growth for the year as a whole. Given that backdrop, it’s not surprising that Terapeak has also enjoyed exceptional success in that time period since the company is an integral part of the success of many online entrepreneurs, ecommerce merchants and Fortune 500 firms through its unique marketplace intelligence solutions.
In the last quarter of 2013, Terapeak released a free version of its MySales multichannel ecommerce intelligence tool. MySales allows merchants who sell on eBay, Amazon and Magento to view all of their sales data in one dashboard and identify trends. MySales also helps Terapeak customers by providing visibility into their own traffic data, allowing them to see how many times a prospect has viewed their items. Although MySales was released as a free product only in the last 3 months, it now boasts more than 100,000 accounts created.
Close to 3 million merchants are now using Terapeak's Analytics through one of its ecommerce products and this number continues to grow rapidly. "Ultimately, Terapeak users are more successful than non-users because they have marketplace visibility and are able to make informed decisions.” says Kevin North, CEO of Terapeak.
According to Glen Scott, a Terapeak customer and owner of Petsporium on eBay, "The more research I did, the more I was convinced that by using Terapeak, I could create a whole new business. That was six months ago. Thanks to Terapeak, I had a record number of sales last month and am on track for another record this month."
Another eBay merchant and Terapeak customer, David Rapport of Ekusparts on eBay says, "I would need to add another full-time employee to replace the contribution that Terapeak makes to my business. Determining price, availability of product and demand without eBay research would take someone hours every day."
In calendar year 2013, Terapeak merchants sold more than $4.4 billion on eBay platforms worldwide. In fact, 31.5% of merchants who gross more than $1 million per month in eBay sales used Terapeak last year. Also according to Terapeak’s 2013 data, Terapeak merchants sold to an average of 7.6 million buyers each month and sold more than 120 million items. Its market share of eBay by gross sales of merchandise is 6.2%.
Terapeak’s innovative products and rapid growth have gained notice from industry leaders. Honors in 2013 included a #43 rank on Deloitte Technology’s prestigious Fast 50 list, SIIA Software’s CODiE Award for Best Big Data Solution and the #150 spot on PROFIT Magazine’s list of 500 high-growth companies. Terapeak was founded in Canada in 2004 and opened its Silicon Valley headquarters in 2012.
“Back in 1997, eBay changed retail as we know it,” observes Mr. North. “eBay democratized retail so that virtually anyone with a product, new or old, could sell online. Our role is to put the power of Big Data in the hands of online merchants, democratizing the knowledge of how products behave in ecommerce, on marketplaces such as eBay, Amazon and Yahoo! Japan.”
Terapeak analyzes more than 4.6 billion transactions per year and more than $70 billion in online consumer spending worldwide, providing 1.3 million merchants with applied market intelligence used to increase margins, grow revenue, generate consumer loyalty and ensure customer satisfaction. In the last 5 years, Terapeak's revenues have grown 440%. Find out more:
Visit Terapeak’s website: www.terapeak.com
Like Terapeak on Facebook: https://www.facebook.com/Terapeak
Follow Terapeak on Twitter: https://twitter.com/Terapeak
Terapeak is the leading source for analyzing, understanding and predicting consumer and product behavior in ecommerce. Terapeak analyzes more than 4.6 billion transactions per year and over $70 billion in online consumer spending to provide marketplace intelligence to clients ranging from entrepreneurs to Fortune 500 companies. Ecommerce merchants use Terapeak’s online analytics platform to evaluate pricing, sourcing opportunities, market trends, product behavior across regions and their competition. Terapeak provides marketplace analytics on eBay, Amazon.com and Yahoo! Japan, and merchants can view their own sales performance across multiple channels through Terapeak’s MySales product. Founded in 2004, Terapeak's U.S. headquarters are in Palo Alto, CA. Learn more at http://www.terapeak.com
DevOps Summit 2015 New York, co-located with the 16th International Cloud Expo - to be held June 9-11, 2015, at the Javits Center in New York City, NY - announces that it is now accepting Keynote Proposals. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development cycles that produce software that is obsolete...
Dec. 18, 2014 04:45 PM EST Reads: 745
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 04:00 PM EST Reads: 1,039
“We help people build clusters, in the classical sense of the cluster. We help people put a full stack on top of every single one of those machines. We do the full bare metal install," explained Greg Bruno, Vice President of Engineering and co-founder of StackIQ, in this SYS-CON.tv interview at 15th Cloud Expo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 02:30 PM EST Reads: 721
The cloud is becoming the de-facto way for enterprises to leverage common infrastructure while innovating and one of the biggest obstacles facing public cloud computing is security. In his session at 15th Cloud Expo, Jeff Aliber, a global marketing executive at Verizon, discussed how the best place for web security is in the cloud. Benefits include: Functions as the first layer of defense Easy operation –CNAME change Implement an integrated solution Best architecture for addressing network-l...
Dec. 18, 2014 02:00 PM EST Reads: 802
Mobile commerce traffic is surpassing desktop, yet less than 20% of sales in the U.S. are mobile commerce sales. In his session at 15th Cloud Expo, Dan Franklin, Segment Manager, Commerce, at Verizon Digital Media Services, defined mobile devices and discussed how next generation means simplification. It means taking your digital content and turning it into instantly gratifying experiences.
Dec. 18, 2014 12:00 PM EST Reads: 968
“In the past year we've seen a lot of stabilization of WebRTC. You can now use it in production with a far greater degree of certainty. A lot of the real developments in the past year have been in things like the data channel, which will enable a whole new type of application," explained Peter Dunkley, Technical Director at Acision, in this SYS-CON.tv interview at @ThingsExpo, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 11:30 AM EST Reads: 829
SYS-CON Events announced today that Windstream, a leading provider of advanced network and cloud communications, has been named “Silver Sponsor” of SYS-CON's 16th International Cloud Expo®, which will take place on June 9–11, 2015, at the Javits Center in New York, NY. Windstream (Nasdaq: WIN), a FORTUNE 500 and S&P 500 company, is a leading provider of advanced network communications, including cloud computing and managed services, to businesses nationwide. The company also offers broadband, p...
Dec. 18, 2014 11:00 AM EST Reads: 2,093
The major cloud platforms defy a simple, side-by-side analysis. Each of the major IaaS public-cloud platforms offers their own unique strengths and functionality. Options for on-site private cloud are diverse as well, and must be designed and deployed while taking existing legacy architecture and infrastructure into account. Then the reality is that most enterprises are embarking on a hybrid cloud strategy and programs. In this Power Panel at 15th Cloud Expo (http://www.CloudComputingExpo.com...
Dec. 18, 2014 10:30 AM EST Reads: 2,226
Verizon Enterprise Solutions is simplifying the cloud-purchasing experience for its clients, with the launch of Verizon Cloud Marketplace, a key foundational component of the company's robust ecosystem of enterprise-class technologies. The online storefront will initially feature pre-built cloud-based services from AppDynamics, Hitachi Data Systems, Juniper Networks, PfSense and Tervela. Available globally to enterprises using Verizon Cloud, Verizon Cloud Marketplace provides a one-stop shop fo...
Dec. 18, 2014 10:30 AM EST Reads: 1,778
Leysin American School is an exclusive, private boarding school located in Leysin, Switzerland. Leysin selected an OpenStack-powered, private cloud as a service to manage multiple applications and provide development environments for students across the institution. Seeking to meet rigid data sovereignty and data integrity requirements while offering flexible, on-demand cloud resources to users, Leysin identified OpenStack as the clear choice to round out the school's cloud strategy. Additional...
Dec. 18, 2014 10:30 AM EST Reads: 1,826
The Internet of Things is not new. Historically, smart businesses have used its basic concept of leveraging data to drive better decision making and have capitalized on those insights to realize additional revenue opportunities. So, what has changed to make the Internet of Things one of the hottest topics in tech? In his session at @ThingsExpo, Chris Gray, Director, Embedded and Internet of Things, discussed the underlying factors that are driving the economics of intelligent systems. Discover ...
Dec. 18, 2014 10:15 AM EST Reads: 2,056
The move in recent years to cloud computing services and architectures has added significant pace to the application development and deployment environment. When enterprise IT can spin up large computing instances in just minutes, developers can also design and deploy in small time frames that were unimaginable a few years ago. The consequent move toward lean, agile, and fast development leads to the need for the development and operations sides to work very closely together. Thus, DevOps become...
Dec. 18, 2014 10:00 AM EST Reads: 1,869
ARMONK, N.Y., Nov. 20, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced that it is bringing a greater level of control, security and flexibility to cloud-based application development and delivery with a single-tenant version of Bluemix, IBM's
"Our premise is Docker is not enough. That's not a bad thing - we actually love Docker. At ActiveState all our products are based on open source technology and Docker is an up-and-coming piece of open source technology," explained Bart Copeland, President & CEO of ActiveState Software, in this SYS-CON.tv interview at DevOps Summit at Cloud Expo®, held Nov 4-6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
Dec. 18, 2014 10:00 AM EST Reads: 1,816
SYS-CON Media announced today that Aruna Ravichandran, VP of Marketing, Application Performance Management and DevOps at CA Technologies, has joined DevOps Journal’s authors. DevOps Journal is focused on this critical enterprise IT topic in the world of cloud computing. DevOps Journal brings valuable information to DevOps professionals who are transforming the way enterprise IT is done. Aruna's inaugural article "Four Essential Cultural Hacks for DevOps Newbies" discusses how to demonstrate the...
Dec. 18, 2014 10:00 AM EST Reads: 1,624