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Impact Analytics ranked in top 100 America's fastest-growing companies in Deloitte's 2019 Technology Fast 500
Fastest-growing retail-focused AI products company recognized for its enterprise SaaS products enabling optimized buy and pricing processes.
NEW YORK, Nov. 12, 2019 /PRNewswire/ — 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.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th year, Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2015 to 2018.
About Impact Analytics
Impact Analytics is an advanced analytics & A.I. based Enterprise SaaS products & solutions company focused on the Retail & CPG sector companies. Our approach is to deliver fully automated & completely integrated cloud-based products to drive the shift from legacy methods of decision making. With robust algorithms and seamless workflow & integration, our products are delivering the Future today for our clients.
About Deloitte
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee (“DTTL”), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the “Deloitte” name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
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We are led by a team with deep industry and AI expertise. We have built award winning products and our success is driven by focus on innovation and changing existing processes through automation. Our SaaS solutions are centred around the core belief that we can arrive at 'Better decisions with AI'. Our solutions empower our customers, with quick visibility into their business, based on real time information, and enable smarter decisions based on data driven insights, while optimising costs and adding millions back into the bottom line.
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