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February 06, 2016 6:46 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

Phone:

866-580-7277

Key Executives for Revionics, Inc.

Chairman, Chief Executive Officer and President
Age: 55
Founder, Executive Vice President of Corporate Development & Strategy and Director
Chief Financial Officer
Chief Operating Officer
Senior Vice President and General Counsel
Compensation as of Fiscal Year 2015.

Revionics, Inc. Key Developments

Houchens Food Group Signs Multi-Year Agreement for Revionics' Leading Price and Advanced Analytics Solutions

Revionics, Inc. announced that it has entered into a multi-year agreement with Houchens Food Group. As part of the agreement, Houchens Food Group has selected Revionics Price Management, Revionics Price Optimization and Revionics Strategic Price Simulation solutions as well as its Advanced Analytics solutions (KVI Analysis and Elasticity Workbench).

Revionics, Inc. Presents at Raymond James Technology and Communications Investors Conference, Dec-07-2015 03:35 PM

Revionics, Inc. Presents at Raymond James Technology and Communications Investors Conference, Dec-07-2015 03:35 PM. Venue: Marriott East Side, 525 Lexington Avenue, New York, New York, United States. Speakers: Jeff Smith, Founder, Executive Vice President of Corporate Development & Strategy and Director.

Revionics, Inc. Announces Dynamic and Strategic Real-Time Pricing Solution

Revionics, Inc. released Revionics® Dynamic Pricing. Revionics Dynamic Pricing delivers surgical intra-day pricing, empowering retailers to always deliver the best price throughout the day while avoiding margin loss through rampant price matching. The new release of their SaaS-based portfolio also includes enhancements to Revionics’ promotion and markdown solutions. In addition, Revionics has made significant investments to enhance its Revionics Promotions and Markdown solutions. New enhancements include: Improved Campaign Management and Forecasting: For campaigns and vehicles, retailers can track and manage to exact targets and have enhanced visibility into forecasting, so all promotions can be assessed and adjusted as necessary, resulting in the most profitable outcomes; In-depth Analytical Services: Revionics offers advanced services to help retailers decide where to allocate marketing spend for upcoming cycles based on in-depth analytics and analysis across categories and time, evaluating lift across different vehicles; Scenario Simulation with Financial Targets: Ability to simulate scenarios and bring financial targets and measures into the workflow so retailers can have the flexibility to do expedited approvals between buyers and divisional merchandise managers; Goal-Infused Strategies: Enables retailers to set a markdown strategy based on specific goals such as revenues, profits, and sell-through. With data on both targets and budgets viewable in a single system, retailers can approve markdown plans with complete visibility into their financial plans. The result: enhanced transparency, industry-superior forecasting and optimal results. With this release and enhancements to existing solutions, Revionics is strengthening its portfolio with the expansion of its four product suites - Revionics® Price Suite; Revionics® Promotion Suite; Revionics® Markdown Suite; and Revionics® Space & Assortment Suite - to optimally address retailers’ challenges and business processes. All products are available immediately. Revionics® Price Suite: Revionics® Price Management assures pricing consistency and adherence to company pricing rules, vendor policies and competitive positioning; Revionics® Price Optimization blends strategy, business rules, science and data to recommend optimal prices and forecast the effect on consumer demand; Revionics® Strategic Price Simulation uses sophisticated predictive analytics and forecasting, to test new strategies and/or changes in rules and constraints and compare, side by side, different outcomes before implementing them in the market; Revionics® Dynamic Pricing delivers pricing speed and responsiveness while avoiding margin loss through rampant competitive price matching. Revionics® Promotion Suite: Revionics® Promotion Management empowers retailers to easily plan, forecast, simulate and analyze campaigns, promotions and events across all channels while maximizing vendor funds and marketing investments; Revionics® Promotion Optimization helps beat the competition through the use of advanced algorithms that blend science, rules and promotion strategies to select the most profitable items and offers; Revionics® Social Offer Management allows retailers to engage and motivate their most loyal, influential customers by providing them with specific offers that are then shared in their social network. Revionics® Markdown Suite: Revionics® Markdown Management for Long Life Products enables retailers to quickly create, simulate, forecast and compare marks and cadence to efficiently manage their markdowns; Revionics® Markdown Management for Short Life Products enables retailers to quickly and profitably clear their seasonal or fashion merchandise; Revionics® Markdown Optimization for Long Life Products enables retailers to clear products while maximizing their profit and inventory goals; Revionics® Markdown Optimization for Short Life Products minimizes the effect of disruptions by enabling retailers to profitably clear their inventory and achieve their sell through goals. Revionics® Space & Assortment Suite: Revionics® Macro Space Optimization uses strategies, individual store performance, extensive item data and predictive science to create optimized store-specific space allocations.

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