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SOURCE: Tier 1 Public Relations
Innovative Retail Analytics Solution Fuels Revenue Growth in Excess of 200 Percent
Atlanta, GA (PRWEB) November 14, 2012
QuantiSense, the leading provider of retail analytics and decision orchestration solutions, today announced its inclusion in Deloitte’s 2012 Technology Fast 500™, the pre-eminent technology awards program in North America. Rapid adoption of the QuantiSense Decision Orchestration Platform™ drove 234 percent revenue growth from 2007 to 2011.
Deloitte’s 2012 Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. “We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth,” said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications leader. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today.”
With QuantiSense, retailers can finally conquer their Big Data challenges by combining innovative analytics technologies with their existing business intelligence (BI) investments to make better merchandising and store operations decisions. The corresponding results – eliminating slow turns, inventory imbalances and under-performing locations – deliver a significant positive impact to the bottom line.
“We are honored to be included in Deloitte’s Fast 500,” said Jeff Buck, CEO, QuantiSense. “Our employees deserve all the credit for their dedication and drive to deliver innovative analytics solutions to retailers – including buyers, allocators, planners and store operators – enabling them to make better informed decisions.”
“The companies on the Fast 500 list are among those that have demonstrated remarkable innovation, creativity and business savvy,” said Bill Ribaudo partner, Deloitte & Touche LLP and national TMT leader for audit and enterprise risk services (AERS). “As a result, these companies have continued to successfully forge ahead in a challenging economic environment. We applaud the leadership and employees of QuantiSense for this impressive accomplishment.”
Leading retailers use the QuantiSense solution as a comprehensive platform that helps orchestrate more profitable merchandising and store operations decisions. Unlike spreadsheets or traditional BI systems, the QuantiSense Decision Orchestration Platform™ provides executive dashboards and personalized Retail Scorebooks™ designed to deliver intuitive business graphics — via desktop or mobile access — that empower users to quickly identify trends and highlight problems, accelerating the decision making process. Then Retail Playbooks™ ensure consistent use of best practices for team members ranging from merchandising executives, buyers, allocators and planners to store operations. QuantiSense utilizes a proven methodology and toolset that allows retailers to begin realizing value in as little as 60 days.
About Deloitte’s 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies – both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011.
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 five years, and be headquartered within North America.
About QuantiSense, Inc.
Based on a decade of experience delivering business intelligence solutions, QuantiSense offers a fresh approach to retail analytics. Using the QuantiSense Decision Orchestration Platform™, retailers can finally combine business intelligence with industry best practices to ensure the most profitable merchandising and store operations decisions. With top 10 rankings across 28 categories in the latest RIS Software LeaderBoard for retail technology, QuantiSense is known for its 60-day implementation and high customer satisfaction. Customers including Burlington Coat Factory, Casual Male Retail Group, The Gap, Hallmark Cards, Michaels, Pacific Sunwear and Restoration Hardware use Retail Playbooks™ to deliver operational excellence. Visit http://www.QuantiSense.com.
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