Mountain View, CA (PRWEB) August 22, 2013
Inc. magazine today ranked Retail Solutions Inc. (RSi) on its 32nd annual Inc. 500|5000, an exclusive ranking of the nation’s fastest-growing private companies. The list represents the most comprehensive look at America’s independent entrepreneurs, one of the most important segments of the economy. RSi, the retail intelligence and data sharing platform used by more than 500 global consumer-products companies, appeared on the list at #2,111 and was recognized as one of the San Jose Metro area’s top private companies at #31. RSi joins well-known companies such as Microsoft, Zappos, Intuit, Jamba Juice and Oracle to gain early exposure as members of the Inc. 500|5000.
“RSi is disrupting the CPG industry and turning the retailer and supplier relationship on its head by encouraging collaboration and sharing of point-of-sales data – by item, by store, by day – and transforming it into actionable intelligence,” said Jonathan Golovin, CEO of RSi. “The practice of Big Data has the potential to revitalize an industry being challenged by a slow economy, increasingly empowered consumers, mobile proliferation and an ever-growing number of channels. RSi is well positioned to help solve many of challenges that arise throughout the value chain, by providing consumer products companies with more frequency, more granularity, and more value from the data that is captured daily.”
The 2013 Inc. 500, unveiled in the September issue of Inc. magazine (available on newsstands Aug. 20 – Nov. 20 and on Inc.com), is the most competitive crop in the list’s history. To make the cut, companies had to have achieved a staggering minimum of 918.59% in sales growth. The Inc. 500’s aggregate revenue is $14.1 billion, with a median three-year growth of 1,739%. Fruition Partners achieved an impressive growth rate of 957.6% for the three-year evaluation period, placing it in the top 500 on the list at #482. The companies on this year's Inc. 500 employ more than 52,100 people and generated more than 44,912 jobs in the past three years.
"Not all the companies in the Inc. 500|5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do,” said Eric Schurenberg, Editor of Inc. magazine. “They are the hidden champions of job growth and innovation, the real muscle of the American economy.”
Complete results of the Inc. 500|5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/500.
The 2013 Inc. 500|5000 is ranked according to percentage revenue growth when comparing 2009 to 2012. To qualify, companies must have been founded and generating revenue by March 31, 2009. They had to be U.S.-based, privately held, for profit, and independent—not subsidiaries or divisions of other companies—as of Dec. 31, 2012. (Since then, a number of companies on the list have gone public or been acquired). The minimum revenue required for 2009 is $100,000; the minimum for 2012 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/500.
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to more than 6,000,000 today. For more information, visit http://www.inc.com/.
About Retail Solutions Inc.
Retail Solutions Inc. (RSi) is a global provider of Big Data, predictive analytics for the Consumer Packaged Goods (CPG) industry. The company collects and transforms billions of data points on what shoppers are buying every day and makes it insightful and actionable for better tactical and strategic decision-making at the corporate level and in the field. RSi’s innovation and competitive edge comes from the science, algorithms and patented technology that power its cloud-based solutions. The RSi platform is trusted by more than 500 global CPG companies including Colgate-Palmolive, ConAgra, Danone, Diageo, Heineken, Kimberly-Clark, Kraft, L’Oréal, Mondelez, Nestlé, Procter & Gamble, and Unilever to maximize product availability, uncover new opportunities, and drive sales. To learn more about the company, visit: http://www.retailsolutions.com.