SAN FRANCISCO, March 14, 2011 /PRNewswire/ -- SignalDemand today announced that it has been named to JMP Securities' 'Hot 100' List of Best Privately Held Software Companies. This is the second year that SignalDemand has been recognized by JMP as the leading price and margin optimization provider in the market. The company's selection reflects SignalDemand's strong continued growth, both in top-line revenue and new customer acquisition.
"We are honored to have been included for the second year on this prestigious list," said Mike Neal, CEO and Chairman of SignalDemand. "Our strong growth results directly from the serious value created when you apply rigorous predictive analytics to key decisions like price, mix, supply and purchasing."
Neal continued, "SignalDemand's patented mathematical models and optimization approaches enable companies in commodity based value chains to address the profitability challenges they face. Our on-demand software and services provide them with tools to improve profits even in the most volatile and complex environments."
The 'Hot 100' report profiles the top one hundred leading private software companies, as identified by the software research team at JMP Securities. The team looks specifically at revenue growth (and future potential for growth), company growth, quality of leadership, product and the company concept. JMP Securities is a full-service investment bank based in San Francisco.
SignalDemand provides predictive analytics and optimization for commodity based value chains. Through on-demand software and services, SignalDemand delivers real-time recommendations to help make complex price, mix, supply and purchasing decisions across products, customers, channels and suppliers. Using patented, comprehensive mathematical models to process thousands of variables, SignalDemand enables better day-to-day decision-making and increased profit margins.
SignalDemand's recognition includes being named a Rising Star in Deloitte's Technology Fast 50 for Silicon Valley. The company was also chosen as a "Cool Vendor" in the Gartner's "Cool Vendors in Manufacturing" Report and was the only on-demand pricing company recognized by JMP Securities' "Hot 100" list of private companies. Companies such as Wal-Mart, Cargill, ConAgra, JBS, Sobeys, Sysco, Teys Brothers, Kepak Group, BJs, Lopez Foods, Farmland Foods, Hormel, National Frozen Foods and Ventura Foods rely on SignalDemand for immediate and ongoing improvement of financial performance. For more information, please visit www.signaldemand.com.
*SignalDemand is a registered trademark of SignalDemand.