Sunnyvale, CA, February 1, 2010 – RivalWatch, the leading provider of real-time competitive intelligence, today announced record results for the calendar year 2009. These results included:
• 100% growth in the number of customers
• Launch of the new Product Matching Tool
• Completion of the RivalWatch 2.0 technology and beta
In addition, a strong fourth quarter enabled RivalWatch to end the year 2009 with its fourth consecutive year of growth.
RivalWatch provides the timely real-time competitive pricing and assortment information needed to increase revenues, profit margins, and market share in today’s constantly changing online and in-store landscape. RivalWatch monitors thousands of product items on a daily, weekly, or monthly basis for a fraction of the cost of traditional competitive intelligence methods.
“Despite the broader economic woes, this past year was very successful for RivalWatch,” said Marty Hodgett, CEO of RivalWatch. “I’m very proud of our team’s performance in 2009, and as we look forward to 2010, I’m excited about the new services and tools we have planned to make competitive intelligence more timely, accessible and insightful for our customers.”
About RivalWatch:
RivalWatch is the leading provider of real-time competitive intelligence, providing its on-demand, cloud-based service to top retailers and manufacturers. RivalWatch helps its customers increase revenues, profit margins, and market share by combining traditional retailing expertise with unique technology for matching and monitoring the largest selection of competitive products in the industry. With an exclusive focus on the retail and consumer product manufacturer marketplace and unique ‘attribute matching’ technology, RivalWatch helps its customers stay ahead of the competition – online and in-store. Founded in 1999, RivalWatch is a privately held corporation with headquarters in Sunnyvale, California.
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