Ottawa, Canada (PRWEB) May 11, 2012
Gazaro, the Price Intelligence company that gives retailers more, better, faster, and smarter visibility into real-time, market-level product and pricing activity, announced today it has been selected as a Finalist for Red Herring's Top 100 Americas award. It is a prestigious list honoring the year’s most promising private technology ventures in North America.
Top North American retailers use Gazaro Price Intelligence to optimize their pricing strategies so they can address the growing pressures of cross-channel, cross-retailer price transparency. With Gazaro’s help, retailers are now better positioned to achieve their overall revenue and margin goals. Gazaro’s proprietary Extensible Fuzzy Reasoning Engine (XFiRE) comprises one of the world’s largest databases of retail pricing, with over 1 billion price points, representing over 30 million monitored products, and over 7 million new price points being added daily.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
“It is very exciting to be recognized by Red Herring for the value and innovation of our Price Intelligence platform for retailers,” said Alexander Rink, CEO of Gazaro. “While the core technology platform has been under development for four years, we have experienced tremendous growth amongst retailers in the last year alone. It’s been very rewarding to become one of the market leaders in Price Intelligence, and to consistently win business in head-to-head competitions, based on our ability to deliver more and better data, faster than anyone else.”
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
Finalists for the 2012 edition of the Red Herring 100 Americas award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the, security, Web 2.0, software, hardware, life sciences, cloud, mobile and other sectors completed their submissions to qualify for the award.
The Finalists are asked to present their winning strategies at the Red Herring Americas Forum in Santa Monica, California, May 21-23, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event.
For more information about the Price Intelligence solution for retailers, visit Gazaro.
Gazaro is a leading provider of Price Intelligence solutions that give retailers complete market, competitive, channel and pricing visibility to successfully calculate their path to profit. For more information, visit Gazaro.