Retail Price Intelligence Company, 360pi, announced today the appointment of five key strategic advisors to help drive the company’s rapid growth.
Ottawa, Canada – April 11, 2013 – Global price intelligence leader, 360pi, today revealed the names of five new advisors recently appointed to its advisory board. All five are successful business leaders who will be adding valuable strategic guidance and feedback to help accelerate 360pi’s growth plans.
Joseph Nour, co-founder and former CEO of Protus IP Solutions, has joined 360pi’s Board of Directors. Joseph brings many years of operational and strategic experience in leading and scaling a profitable Software as a Service (SaaS) business. Mr. Nour led Protus from inception to over $75M in annual sales, and to the company’s acquisition by J2 Global for over $210M in December 2010.
“The internet continues to disrupt established business models across sectors, and retailers are no exception” outlined Mr. Nour. “Real time price transparency is here and 360pi gives retailers the tools to compete and win. I’m extremely pleased to have the opportunity to contribute to this dynamic team and help shape this emerging market.”
Amos Schwartzfarb, the former VP of Customer Development at Black Locus joins 360pi as a Strategic Advisor. Black Locus was an Austin-based price intelligence vendor and competitor to 360pi prior to being acquired by The Home Depot in December 2012. Mr. Schwartzfarb was responsible for the development of the company’s strategic sales plans, and adds valuable industry knowledge to the board.
“After the Home Depot acquisition of Black Locus, I was approached by numerous price intelligence providers who sought to recruit me to assist with their sales and marketing efforts,” stated Mr. Schwartzfarb. “I chose 360pi because they were the company whose technology, solution and professionalism I most respected during my time at Black Locus.”
Also joining the board of advisors, by area of expertise, are:
- Retail: Jim Okamura, Managing Partner at Okamura Consulting. Mr. Okamura has more than 20 years of consulting experience focused on the retail industry, including strategic planning, and multi-channel project work, and some of his key clients have included Toys’R’us, Lowe’s and Walmart Canada. His main focus on the board will be to provide strategic advice about the retail space in order to help 360pi better understand the needs of their customers and prospects.
- Pricing: Stephan Liozu, the founder of Value Innoruption Advisors, and a specialist in disruptive approaches to pricing and value management. He has been published in several reputable publications, such as the Strategic Marketing Journal, the Journal of Professional Pricing, and MIT Sloan Management Review.
- Growth: Steven Lamb, Co-Founder and former CEO of Nevex Technologies, which was acquired by Intel in November 2012. Mr. Lamb is a serial entrepreneur who has built and sold four businesses over the last 10 years, from seven figures to nine figures.
“Each of these advisors brings significant experience to our team in specific areas that we have identified as being key to our success,” said CEO, Alexander Rink. “On a personal level, I am thrilled that they have agreed to work with us, and that they share our excitement about 360pi’s future.”
360pi, a global leader in retail price intelligence, delivers online competitive monitoring solutions that give retailers complete visibility into their competitors’ prices and assortments. Top retailers use 360pi’s industry-leading match and accuracy rates – made possible by its proprietary artificial intelligence and cloud-based, Big Data capabilities – to enhance their pricing strategies and enable margin and revenue increases of up to 80%.