Click here to close now.




















Welcome!

News Feed Item

Revionics Continues Rapid Growth in 2013

Revionics, Inc., the global provider of End-to-End Merchandise Optimization solutions, today announced another year of double-digit revenue growth and a 5-year Compound Annual Growth Rate (CAGR) of over 50%. The company is poised for continued strong growth in 2014 as 2013 first year bookings increased by 83% and customer renewals were near 100%.

At the recent NRF 2014 conference, optimization and predictive analytics were highlighted as must-have technologies for retailers in 2014. Revionics customer Family Dollar presented on the value they have obtained from deploying price and markdown optimization at a NRF Big Ideas session. Additionally, Paula Rosenblum, Managing Director of RSR, cited price and promotion optimization and big data and predictive analytics as two of the top five hot technologies for 2014 in her January Forbes article – “Retail's Big Show Will Showcase Hot Technologies For 2014”.

Currently, more than 37,000 retail sites around the world now leverage Revionics’ software solutions, which are delivered on a high performance SaaS platform. Due to the success of initial deployments, more than 50% of Revionics’ customers are now leveraging two or more Revionics End-to-End Merchandise Optimization solutions and more than 25% of the company’s customers are international.

“We experienced tremendous growth and success in 2013 and we are positioned to continue on this track in 2014,” said Marc Hafner, Revionics’ President and CEO. “Our growth underscores the global need for our End-to-End Merchandise Optimization solutions which enables retailers to take a shopper-centric approach to their merchandise planning decisions and make data-driven price, promotion, markdown, assortment and space allocation decisions.”

2013 Customer Wins

Retailers choose Revionics because of the unique features and benefits their solutions offer, such as: self-learning demand models; recommendation transparency; speed-to-value; cloud delivery model; customer-centric, value-based partnering approach; and Revionics’ deep domain expertise. Announced new customer wins in 2013 included:

  • TBC Corporation – one of North America’s largest marketers of tires for the automotive replacement market.
  • Cabela’s Incorporated – a leading specialty retailer and the world's largest direct marketer of hunting, fishing, camping and related outdoor merchandise.
  • DIXY Group (RTS, MICEX: DIXY) – one of Russia’s largest national retail operators in the food retail market.
  • Victoria Supermarkets – operates 83 supermarkets in Russia and is owned by the DIXY Group (RTS, MICEX: DIXY)
  • ALCO Stores, Inc. (Nasdaq: ALCS) – specializes in providing a superior selection of essential products for everyday life in small-town America.
  • Raley’s Family of Fine Stores – a privately held 128-store supermarket chain which includes Raley’s, Bel Air, Nob Hill Foods and Food Source.
  • The Spotlight Retail Group (SRG) – Australia's largest retail chain of fabric, craft and home interiors superstores.
  • Anaconda Stores Pty Ltd – owned by The Spotlight Retail Group (SRG) and is Australia's largest retail chain of camping, outdoor adventure and sports superstores.

Global Strategic Alliances and Expansion

Revionics continued its aggressive global expansion in 2013, including opening new offices in London, Düsseldorf and Melbourne. The company also hired accomplished executives in these markets with deep retail experience and a track record of working for companies such as Oracle, ProfitLogic, i2 Technologies and iTradeNetwork, Inc.

Revionics also announced a multi-year global strategic alliance with Nielsen Holdings, N.V. (NYSE:NLSN), which will integrate Nielsen Pricing Insights with Revionics Life Cycle Price Optimization solutions to improve the precision of retail pricing. The initial solution, which is already deployed at several leading retailers, integrates Revionics Price Optimization and Nielsen Pricing Insights.

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.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Any Ops team trying to support a company in today’s cloud-connected world knows that a new way of thinking is required – one just as dramatic than the shift from Ops to DevOps. The diversity of modern operations requires teams to focus their impact on breadth vs. depth. In his session at DevOps Summit, Adam Serediuk, Director of Operations at xMatters, Inc., will discuss the strategic requirements of evolving from Ops to DevOps, and why modern Operations has begun leveraging the “NoOps” approa...
Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is designed for their business. In 2015, organizations such as United Airlines, Sony...
While many app developers are comfortable building apps for the smartphone, there is a whole new world out there. In his session at @ThingsExpo, Narayan Sainaney, Co-founder and CTO of Mojio, will discuss how the business case for connected car apps is growing and, with open platform companies having already done the heavy lifting, there really is no barrier to entry.
To assist customers with legacy Windows Server 2003 that is no longer supported by Microsoft, Racemi has introduced fixed price packages for upgrading and migrating Windows Server 2003 servers to either Windows 2008 R2 or Windows 2012 R2 and the choice of Amazon Web Services (AWS) or SoftLayer cloud. "We're extending a lifeline by upgrading the legacy servers to more modern Windows Server platforms while taking advantage of cloud computing," said James Strayer, vice president of product managem...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Learn what is going on, contribute to the discussions, and e...
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
In today's digital world, change is the one constant. Disruptive innovations like cloud, mobility, social media, and the Internet of Things have reshaped the market and set new standards in customer expectations. To remain competitive, businesses must tap the potential of emerging technologies and markets through the rapid release of new products and services. However, the rigid and siloed structures of traditional IT platforms and processes are slowing them down – resulting in lengthy delivery ...
The Internet of Things is in the early stages of mainstream deployment but it promises to unlock value and rapidly transform how organizations manage, operationalize, and monetize their assets. IoT is a complex structure of hardware, sensors, applications, analytics and devices that need to be able to communicate geographically and across all functions. Once the data is collected from numerous endpoints, the challenge then becomes converting it into actionable insight.
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
SYS-CON Events announced today that Micron Technology, Inc., a global leader in advanced semiconductor systems, will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Micron’s broad portfolio of high-performance memory technologies – including DRAM, NAND and NOR Flash – is the basis for solid state drives, modules, multichip packages and other system solutions. Backed by more than 35 years of tech...
With the Apple Watch making its way onto wrists all over the world, it’s only a matter of time before it becomes a staple in the workplace. In fact, Forrester reported that 68 percent of technology and business decision-makers characterize wearables as a top priority for 2015. Recognizing their business value early on, FinancialForce.com was the first to bring ERP to wearables, helping streamline communication across front and back office functions. In his session at @ThingsExpo, Kevin Roberts...
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of ...
U.S. companies are desperately trying to recruit and hire skilled software engineers and developers, but there is simply not enough quality talent to go around. Tiempo Development is a nearshore software development company. Our headquarters are in AZ, but we are a pioneer and leader in outsourcing to Mexico, based on our three software development centers there. We have a proven process and we are experts at providing our customers with powerful solutions. We transform ideas into reality.
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises ar...