August 29, 2014 4:27 AM ET

Internet Software and Services

Company Overview of Revionics, Inc.

Company Overview

Revionics, Inc. provides Software-as-a-Service-based merchandise optimization solutions that enable retailers to execute shopper-centric price, promotion, markdown, assortment, and space allocation decisions. It offers merchandise optimization solutions, including shopper-centric assortment, micro and macro space allocation, pricing, promotion, and markdown solutions; life cycle price optimization solutions, such as price, promotion, and markdown optimization solutions; advanced analytic solutions, including store cluster analysis, key value item analysis, market basket analysis, and workbench solutions; assortment and space optimization, social commerce, and performance intelligence solutio...

5000 Plaza on the Lake

Austin, TX 78746

United States

Founded in 2002



Key Executives for Revionics, Inc.

Chairman of The Board
Age: 54
Chief Financial Officer
Chief Operating Officer
Senior Vice President of Asia Pacific
Compensation as of Fiscal Year 2014.

Revionics, Inc. Key Developments

Revionics Reports SaaS Sales Results for the First Half of 2014

Revionics, Inc. reported SaaS sales results for the first half of 2014. For the first half, the company SaaS sales grew over 300% year-over-year with an adjoining 49% increase in revenue. In addition, renewals were 100%. The company's continued rapid growth is due to its demonstrated track record of helping retailers around the world find profits in their Big Data through advanced predictive analytics and proprietary science.

Fairway Market Renews and Expands Optimization Software Agreement with Revionics

Revionics, Inc. announced that Fairway Group Holdings Corp. will renew their Revionics(R) Price Optimization license for three years and expand the agreement to include the use of Revionics(R) Promotion Optimization. Fairway Market chose Revionics Price Optimization over two years ago due to its strong capabilities and its ability to help them manage and optimize their rapid growth across all product categories, including Key Value Items (KVIs). Fairway Market has doubled in size over the past three years and Revionics has proven that they are the right partner for the company's expanding business. Fairway Market adopted Revionics solution to better serve customers, improve individual store profitability and more effectively price perishable products. With the deployment of Revionics Promotion Optimization, Fairway Markets will be able to better manage promotion performance, forecast the results of various promotional scenarios and deliver the most compelling offers to their shoppers. Revionics Promotion Optimization enables the planning and execution of optimized, relevant offers that provide a highly perceived value to the shopper and bottom-line results for the retailer. Key benefits include: Improved sales and loyalty. Best offers identified by segment, channel and promotional vehicle. What--if simulation of possible offer combinations and layouts prior to execution. Effectiveness measurement and adapted recommendations in order to achieve objectives. Renews Agreement for Revionics Price Optimization

Revionics, Inc. announced that has renewed their agreement for Revionics Price Optimization. eBags has been leveraging Revionics' optimization solution since 2012 for base price planning, management and optimization. Revionics' optimization process integrates internal and external data, business rules and operational constraints with price image, strategic and financial objectives, enabling retailers to rapidly adapt their pricing strategies and tactics to constantly changing shopper and competitor behavior. Benefits include: Image enhancing, profitable prices that achieve strategic and financial objectives; Ability to forecast and measure the impact of price changes; Automation of the pricing process to ensure consistent execution of business rules and price image while eliminating manual, error prone tasks; Surgically execute competitive positioning while maximizing profit opportunities; and Localizing prices based on shopper demand and competitor behavior.

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