Mountain View, Calif. (PRWEB) October 30, 2014
Retail Solutions Inc.(RSi), a global provider of cloud-based, Big Data analytics and real-time intelligence for the consumer-products industry has been named to the 2014 Silicon Valley Business Journal http://www.bizjournals.com/sanjose/news/2014/10/24/the-50-fastest-growing-private-companies-in.html) list of the Valley's fastest-growing private companies announced during a reception on Oct. 23, 2014. The annual ranking is based on percentage change in net revenue from 2011-2013. RSi, the retail intelligence and data sharing platform used by more than 500 global consumer-products companies, appeared on the list at #20 this year, up three positions from its 2013 placement and well above its 2012 debut at #49.
RSi has seen significant revenue growth in 2014 as global demand for its platform has skyrocketed. Today, 22 of the top 25 global CPG companies use RSi to turn daily downstream data into actionable insights into the store and onto the shelf. The company continues to experience month-over-month revenue growth and attract the attention of major retailers and consumer brands.
“By encouraging collaboration and the sharing of daily POS data, RSi is disrupting the CPG industry and turning the retailer and supplier relationship on its head," said Jon Golovin, CEO of RSi. "We collect and bring value to billions of data points on products every day. This new level of insight helps brands ensure the right product is available to consumers when and where they want to make a purchase – helping suppliers and retailers realize the new ROI opportunity that exists on the store shelf.”
The Silicon Valley Business Journal ranking is one of many accolades RSi has achieved in 2014. The company was also named to the Inc. 500|5000 list of America's fastest-growing private companies for the fifth consecutive year.
Retail Solutions Inc. (RSi) turns retailer data into opportunity – in the store, on the shelf and with shoppers worldwide. Designed to automate the path to purchase and drive value across the supply chain, RSi’s proprietary algorithms, business processes and suite of intelligent, cloud-based applications help the world’s leading consumer goods manufacturers listen and respond quickly to consumer demand – ensuring the right product, is in the right store, at the right time. Each day, the RSi platform processes billions of records from 100 major retailers in more than 150,000 locations throughout the world and turns the data into actionable insights for immediate decision making. From solving out-of-stocks, to identifying inaccuracies in the supply chain, to optimizing digital marketing efforts, RSi maximizes product availability, uncovers new business opportunities and drives sales. The RSi platform is trusted by more than 500 global CPG companies including such household names as Colgate-Palmolive, Nestlé and Procter & Gamble. To learn more about the company, visit: http://www.retailsolutions.com/