Retail Solutions Ranked Among Fastest Growing Companies in North America on Deloitte’s 2015 Technology Fast 500™
Attributes 122% Revenue Growth to being the Market Leader in Big-data Analysis and Solutions
MOUNTAIN VIEW, Calif. - Nov. 13, 2015 - PRLog -- Global retail analytics provider, Retail Solutions Inc. (RSi) today announced it made Deloitte’s Technology Fast 500™, which recognizes the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. RSi grew 122 percent during this period.
RSi’s Co-Founder and CEO Jonathan Golovin credits the 122 percent revenue growth to being the market leader in quality data solutions that help drive brand growth, create strong collaborative planning process among trading partners, and accurately target, optimize, and attribute the effectiveness of digital shopper marketing campaigns. “We are continuing to find innovative uses for operational retailer data: our customers mainly leverage RSi for operational and supply insights, from inventory management to on-shelf availability. However, in the last two years, ansa, our Digital Marketing solution delivered through trusted ad partners, proved there is equally compelling value for the Chief Marketing Officer. As data becomes ubiquitous, we are seeing all functional areas in the enterprise become hungrier for insights, rather than data: the potential for RSi is enormous.”
“It is inspiring to witness the innovative ways that companies are incorporating emerging technologies for business gains, be it cognitive computing, or the Internet of Things. We congratulate all those ranked on this year’s Fast 500 and look forward to seeing their continued growth into 2016,” said Sandra Shirai, principal, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader.
RSi has made the Technology Fast 500™ award list four times in the past six years. “This is great news that we continue to make this prestigious list as we maximize our current market and create additional robust revenue paths by providing dynamic and meaningful data insights to drive value for our partners,” remarked Golovin.
“Through the efforts and utilization of new and emerging technologies from these companies, we are witnessing greater business demands from across almost all industries,”
About Retail Solutions Inc. (RSi)
Retail Solutions Inc. (RSi) turns retailer data into opportunity – in the store, on the shelf and with shoppers worldwide. Designed to automate the path to purchase and drive value across the supply chain, RSi’s proprietary algorithms, business processes and suite of intelligent, cloud-based applications help the world’s leading consumer goods manufacturers listen and respond quickly to consumer demand – ensuring the right product is in the right store, at the right time. Each day, the RSi platform processes billions of records from over 150 major retailers in more than 150,000 locations around the world and turns this data into actionable insights for immediate decision making. In 2014, RSi also launched ansa, a turnkey solution for CPG Shopper Marketers to target, optimize and attribute their digital campaign. This service can be added inside any campaign through one of ansa’s integrated ad partners. From solving out-of-stocks and identifying inaccuracies in the supply chain, to optimizing digital marketing efforts, RSi maximizes product availability, uncovers new business opportunities and drives sales. More than 500 global CPG companies including such household names as Colgate-Palmolive, Nestlé and Procter & Gamble trust the RSi platform. To learn more about the company, visit: http://www.retailsolutions.com/
About Deloitte’s 2015 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
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 four years and be headquartered within North America.
Retail Solutions, Inc.