What SymphonyIRI Group Customers Are Saying
"We have been extremely impressed with the value that SymphonyIRI Group has brought to the table over the course of our relationship. The beverage industry is a dynamic and competitive environment that leaves very little margin for error in making the right sales and marketing calls at the right time. SymphonyIRI Group’s spot-on retail market information and unique shopper insights capabilities have been a true difference-maker for us, and we’re excited to move into new areas of expert information development with them as part of our renewed contract."
Peter Abate
Vice President of Sales and Administration
E. & J. Gallo Winery
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Press Releases
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Archives (2005 to current)
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5/22/2008
IRI Introduces Industry First, Revolutionary Scan-based Convenience Store Tracking Service
New Total Scan-based C-Store Service Significantly Improves Data Quality and Retail Execution Capabilities
CHICAGO – March 30, 2005 – With over 138,000 retail stores primarily operated by single store owners with limited or no point-of-sale (POS) scanning capabilities, today’s convenience channel remains a challenging sector to effectively track. Recognizing the need for deeper business insights and improved information quality over audit-based services, Information Resources, Inc. (IRI), the leading global provider of enterprise market information solutions for the CPG, Retail, and healthcare industries and eRevolution, a premier provider of POS scanning technology for individual and multi-chain store operators, today announced a strategic relationship to provide a next generation scan-based sales tracking service for the convenience store channel.
The two companies will implement eRevolution’s scanning technology at participating convenience retailers to provide the highly-accurate sales information across an expanded sample for IRI’s InfoScan® Convenience Store Tracking Service. The newly-enhanced service will deliver unmatched business insights and significantly improved accuracy to help manufacturers and retailers improve category management effectiveness and retail execution across the entire convenience channel. As a result, IRI is positioned to deliver service and capabilities not available by other providers in the marketplace today.
The new relationship combines IRI’s leadership in POS data collection and business insights with eRevolution’s proven ability to provide easy-to-implement and use scanning systems for the single-store retailer, the heart of convenience retailing. The initial roll-out of the service calls for adding a minimum of 2,000 scanning stores to IRI’s existing service, providing more accuracy at national, regional and market levels. As a result, IRI will provide more granular insight into the convenience channel on a weekly basis, covering all available categories.
“IRI is more committed now than at any time in the history of our company to the convenience channel. We are dedicated to providing business insights rapidly and accurately to help all c-store retailers and their manufacturing partners improve performance and meet their consumers’ needs,” said Scott W. Klein, President and CEO of IRI. “The relationship between IRI and eRevolution provides a level of service never available before in the convenience marketplace. This ground-breaking service marries IRI’s longstanding expertise in the convenience channel and eRevolution’s innovative technology. We are thrilled that we have once again been able to meet the challenge posed to us by many of the top retailers and manufacturers looking for deeper insights to drive their business. This scan-based program clearly sets a new standard for the convenience industry."
The enhanced capabilities surpass the services currently offered in the marketplace today which are primarily supported by audit-based approaches. IRI’s new insights are solely based on highly representative scanner level data, not periodic reviews of inventory and delivery information, providing the deeper visibility into daily and weekly transaction-level data across more regions and markets.
“eRevolution has proven experience in providing affordable, scalable POS and inventory management solutions to small and mid-size retailers,” said Jacob Moskowitz, CEO of eRevolution. “The combined capabilities of this relationship provide dramatic and immediate impact to both the retailer’s and manufacturer’s bottom line by eliminating the human error associated with manual data collection.”
More information on IRI’s convenience tracking service is available at: http://www.infores.com/public/us/content/infoscan/convenience.htm
About eRevolution
eRevolution is a Memphis based software development corporation creating commerce systems for the PC/Windows® environment with over 40 years of experience in Point-of-Sale, accounting, office automation, inventory, Internet web design and client/server systems. eRevolution’s primary product, r-tic (Real Time Integrated Commerce), is a unique system allowing businesses to control their sales, inventory, accounting, and management, all from a central location. eRevolution is headquartered in Memphis, TN. More information is available at www.erevolution.net.
About Information Resources, Inc.
Information Resources, Inc. (IRI) is the leading global provider of enterprise market information solutions for the CPG, Retail, and Healthcare industries. IRI is the first company to leverage the power of real-time market information, advanced analytic insights, and enterprise performance management technology to improve the profitability and operational effectiveness of the world’s leading CPG, Retail, and Healthcare companies. The Company uniquely provides a total view of the market, enabling maximum business performance throughout the enterprise. IRI's solutions make the consumer-driven, real-time enterprise possible. More information is available at www.infores.com.
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