In-Store Analytics Leader RetailNext Picks up Five Accolades Recognizing Big Data Innovation, Customer Results and Company Growth
SAN JOSE, Calif., May 8, 2013 /PRNewswire/ -- On the heels of securing $15 million in Series C financing to fuel technology development and growth, RetailNext Inc., the leader in Applied Big Data for brick-and-mortar retail, announced the company has been recognized for its innovation and retail customer successes. RetailNext, which delivers e-commerce-style shopper insights to physical stores, has received five prestigious awards or accolades so far in 2013, including:
- Fast Company's Most Innovative Companies
Described as "hipping brick-and-mortar stores to e-commerce-style customer data," RetailNext joined Splunk among Fast Company's World's Top 10 Most Innovative Companies in Big Data.
- Red Herring Top 100 North America
Honoring the year's most promising private technology ventures, Red Herring selected RetailNext as a finalist based on technology innovation, management strength, market size, investor record, customer acquisition and financial health. Award winners will be chosen on May 23, 2013.
- OnDemand 100
RetailNext won a spot this year among AlwaysOn's 100 top private companies, a list of vigorous companies "feeding a burgeoning data macrosphere," and "disrupting the entire computing paradigm." RetailNext joined Evernote in the Vertical Applications category.
- RetailWeek Technology Award
With customer American Apparel, RetailNext was shortlisted in the "Store Technology of the Year" category, alongside some of the biggest names in retail. Others in the category include Audi and Nisa. Award winners will be chosen on June 19, 2013.
- The Big Data Innovation Awards
Recognized as pioneering and achieving significant innovation in Big Data, RetailNext was named a finalist for this award given at the Big Data Innovation Summit. RetailNext currently collects more than 75 petabytes of raw data each year.
RetailNext is the leader in Applied Big Data for brick-and-mortar retail, delivering real-time analytics that enable retailers and manufacturers to monitor, collect, analyze, and visualize in-store data. The patent-pending solution uses best-in-class video analytics, Wi-Fi detection, on-shelf sensors, and data from point-of-sale systems and other sources to automatically inform retailers about how people engage with their stores. The highly scalable RetailNext platform easily integrates with promotional calendars, staffing systems, and even weather services to analyze how internal and external factors impact customer shopping patterns – providing store operations executives with the ability to identify opportunities for growth, execute changes, and measure success.
RetailNext tracks more than 400 million shoppers per year by collecting data from more than 30,000 sensors in retail stores and analyzing trillions of data points annually. Headquartered in San Jose, CA, RetailNext is a growing global brand operating in more than 20 countries. For more information, call +1-888-609-5877.
RetailNext Inc. and RetailNext are trademarks of RetailNext Inc. in the United States.
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