360pi recognized by Red Herring for proprietary technology, growth and leadership in retail price intelligence.
Ottawa, Canada – November 22, 2013 – Today, 360pi is pleased to announce that it has received the Red Herring 2013 Top Global 100 Companies Award, a prestigious designation honoring the year’s most cutting edge private technology companies from across the globe.
The Red Herring editorial team selected the winners from more than 1,000 companies in over 40 nations that demonstrated the most innovative technologies and business models. These companies are rigorously evaluated on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, leadership execution, globalization potential, and market share improvement.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across the globe to the Top 100 Winners. We believe 360pi embodies the vision, drive and innovation that define a successful entrepreneurial venture. 360pi should be proud of its accomplishment, as the competition was the strongest it has ever been.
“We are honored to be recognized by Red Herring amongst the illustrious group of more than 1,000 companies that they considered,” said Alexander Rink, 360pi’s CEO. “We are humbled by the opportunity to serve many of the world’s leading retailers, affecting billions purchases annually, and thrilled to be viewed as one of the most innovative companies globally for our market-leading price intelligence.”
Over 250 finalists presented their winning strategies at the Red Herring Global forum in Los Angeles in mid-November, from which the editorial team selected the Top 100. The winners were announced during a special awards ceremony on November 20.
360pi helps top retailers compete and win in an increasingly price transparent environment. 360pi actively monitors millions of products from hundreds of retailer websites and delivers price intelligence for exact and similar matched products with unprecedented accuracy. 360pi’s customer base of “brick & mortar”, e-commerce, and multichannel retailers accounts for over $US100 billion in annual retail sales and includes Ace Hardware, Best Buy Canada, and Overstock. 360pi clients gain real-time visibility into the market and full awareness of the competitive pricing landscape to “right price” to consumers. Ultimately, 360pi’s customers make smarter pricing decisions that drive increased conversions, revenues, margins and customer loyalty.
Tania Steyn 360pi
(613) 562 – 2525 x 543
Ketner Group PR + Marketing (for 360pi)