We are creating the world’s largest and most accurate database of retail price and product information, and leveraging it to analyze patterns and help retailers make smarter pricing decisions.
Ottawa, Canada (PRWEB) November 21, 2012
360pi revealed today that it had been selected as a Canadian Innovation Exchange (CIX) Top 20 company, an award that is designed to highlight Canada’s hottest innovative companies working in either Digital Media or Information and Communication Technology.
The CIX Top 20 is an elite index of the most forward-looking companies in Canada and the recipients of the award are selected by an expert panel of innovation leaders from across the country. These companies are then showcased in a live event held at the MaRS Discovery District in Toronto. Furthermore, the companies are given the opportunity to connect with potential partners and investors during networking events and facilitated meetings.
360pi provides pricing intelligence that uses cutting edge technologies including big data and artificial intelligence. Their technology is considered to be some of the most advanced in the industry, and produces fast, accurate results for their customers, which is why they have been selected as part of the CIX Top 20. “We’ve created a disruptive, new technology, and being recognized for it by CIX is very gratifying,” said Alexander Rink, CEO of 360pi. Rink went on to describe 360pi's innovative solution: “We are creating the world’s largest and most accurate database of retail price and product information, and leveraging it to analyze patterns and help retailers make smarter pricing decisions. Price transparency is completely transforming retail , and our cloud-based solution is perfectly positioned to help re-shape the way retailers price.”
360pi will be displaying their innovative technologies at the CIX Showcase, being held on November 27, 2012 at the MaRS Discovery District in Toronto, Ontario.
360pi, a global leader in retail price intelligence, delivers online competitive monitoring solutions that give retailers complete visibility into their competitors' prices and assortments. Top retailers use 360pi’s industry-leading match and accuracy rates – made possible by its proprietary artificial intelligence and cloud-based, Big Data capabilities – to enhance their pricing strategies and enable margin and revenue increases of up to 80%. For more information, contact 360pi.