Being ranked two years in a row among the 50 fastest growing companies in North America is a tremendous achievement
Mountain View, CA (PRWEB) October 27, 2010
Retail Solutions Inc., the leading solution provider helping consumer packaged goods (CPG) companies create value from operational downstream data, today announced that it ranked number 48 on Technology Fast 500™, Deloitte’s ranking of 500 of the fastest-growing technology, media, telecommunications, life sciences and clean technology companies in North America. Rankings are based on percentage of fiscal year revenue growth during the period from 2005–2009. Retail Solutions grew 2,766 percent during this period.
Retail Solutions previously ranked 33 as a Technology Fast 500™ award winner for 2009.
Retail Solutions’ chairman and chief executive officer, Jonathan Golovin, credits Retail Execution Management, Retail Solutions’ unique approach to building value with retailer data at CPG companies, as well as the increased availability of such data across retailers globally, with the company’s revenue growth.
"Being ranked two years in a row among the 50 fastest growing companies in North America is a tremendous achievement,” said Golovin. “This growth is the proof that our solutions are becoming mainstream in the CPG industry. We have proven the benefits of Retail Execution Management at 21 of the top 25 CPG companies in the world and we are now in the process of rolling out corporate-level, global implementations across many of customers. We are looking forward to continued rapid growth in the years to come."
“Retail Solutions and the other 2010 Technology Fast 500™ winners forged ahead in a challenging economic environment to realize exceptional growth,” said Phil Asmundson, vice chairman and Deloitte’s U.S. technology, media and telecommunications leader. "Deloitte commends Retail Solutions for this impressive accomplishment.”
“Retail Solutions has proved itself to be one of the fastest growing tech companies in North America, and we are proud to honor them as one of the 2010 Technology Fast 500™,” said Mark Jensen, managing partner, venture capital services, Deloitte & Touche LLP.
For additional detail on the Technology Fast 500™ including selection and qualifying criteria, visit http://www.fast500.com.
About Retail Solutions Inc.
Retail Solutions powers Retail Execution Management. Retail Solutions develops and delivers a comprehensive suite of Software-as-a-Service (SaaS) solutions that turn downstream data, such as point-of-sale (POS), supply chain, merchandiser feedback and customer loyalty data into actionable visibility into the store and onto the shelf.
More than 350 leading companies such as 3M, Abbott, Bausch & Lomb, Bayer, Colgate-Palmolive, Clorox, Heineken, HP, Kao Brands, Kraft, Nestlé, Novartis, Procter & Gamble, Reckitt-Benckiser, Schering-Plough Corp. and Unilever trust Retail Solutions to grow their retail sales, maximize in-store operation productivity, plan and execute more effective promotions, reduce their costs and join efforts with retail partners to improve shelf availability and consumer satisfaction. Please visit http://www.retailsolutions.com for more information.
Media and Analyst Contact Information:
Cedric Guyot, +1(650) 390-6106, cedric(dot)guyot(at)retailsolutions(dot)com
As used in this document, “Deloitte” means Deloitte LLP. Please see http://www.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries.
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