Fastest Growing Retail Focused AI Products Company Recognized for Its Enterprise SaaS Products Enabling Optimized Buy and Pricing Processes.
Impact Analytics, a retail focused AI products company, ranked 74 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America now in its 25th year. Impact Analytics grew 1806% during this period making it the fastest retail & CPG focused A.I. & analytics provider on the list.
Impact Analytics’ Founder & Chief Executive Officer, Prashant Agrawal, credits increasing adoption of ML & AI and a robust product offering for the company’s 1806% revenue growth. He said, “Our SaaS products enable retailers to generate immediate EBITDA impact by making better buy, allocate, pricing and promo decisions. We build state-of-the-art ML & AI algorithms that power our market leading products: BuySmart, PromoSmart, AllocateSmart and PriceSmart. The immediate EBITDA impact, short implementation time and the ease of use of our products have propelled our growth and also resulted in zero churn at nearly two dozen leading retailers and CPG companies. We finished as the highest ranked AI & Analytics company focused on Retail & CPG given our deep experience in the sectors.”
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten.”
“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice.