EMN8 Named One of Forbes Magazine's America's Most Promising Companies
LOS ANGELES, Feb. 6, 2013 /PRNewswire/ -- EMN8 Inc., the world class leader in transactional engagement platforms for the quick service restaurant industry encompassing mobile, online, kiosk, call center and loyalty has been listed on Forbes annual ranking of America's Most Promising Companies -- a list of one hundred privately held, high-growth companies with bright futures.
Recognizing the powerful impact technology can have on the fast food industry, EMN8 is leading the charge by providing innovations that empower restaurants to expand their digital footprint, engage directly with their customers and bring additional value, convenience and personalization to their consumers.
EMN8's digital ordering capabilities offer consumers more ways to conveniently order food while providing consistency throughout the ordering process. In parallel EMN8 delivers brands a unified technology, marketing and data platform across multiple channels of consumer interaction. As a result, major brands such as Burger King, Dominos, Jack in the Box and YUM! Brands International have experienced increases in average check size and frequency of orders processed.
"Technology has become a fundamental tool in the way consumers engage with merchants, whether retailers or restaurants. We have delivered solutions for our customers to reach their consumers wherever they are and enable these consumers to order and engage in the ways that they want. We are committed to providing market leading solutions that add measurable value to our partners and their guests," said Perse Faily, CEO and President of EMN8. "It's a great honor to be recognized by a prominent publication such as Forbes and selected one of America's Most Promising Companies."
With the advent of the digital age and proliferation of mobile and broadband, EMN8 brings a multichannel offering to quick service restaurants unlike any other company. The company powers ordering, couponing and loyalty programs across mobile, online, call center and kiosk. This multichannel combination of self-service tools dramatically expands the restaurant's growth potential by providing their guests with new ways of interacting with the restaurant.
One metric never says it all. For the Most Promising list, FORBES strove for a holistic gauge of young, privately-held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months FORBES reviewed thousands of applications. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. FORBES turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search. Their MOSAIC software scans 45,000 sources to measure a company's health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that FORBES uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, FORBES produces a final ranking.
For a full list of America's Most Promising Companies, visit: http://www.forbes.com/promising-companies/
EMN8 Inc. designs, builds and delivers self-service platforms for the restaurant and retail industries. The company's digital solutions increase transactions, while delivering operational efficiencies, enhanced brand engagement, gross margin improvement and customer loyalty. With cross-platform integration across online, in-store kiosk and mobile, EMN8 Inc. provides seamless, multi-channel customer experiences, and products that leverage innovative technology, design, cash and payment card handling, and integration with leading consumer applications. EMN8 Inc. currently supports tens of millions of guest transactions for global and regional brands such as, Burger King, The Counter, CPK, Domino's, and Jack in the Box, KFC, Taco Bell and YUM! Brands International. For information visit www.emn8.com.
SOURCE EMN8 Inc.