Details

Last Funding Type

Series Unknown

Last Funding Money Raised

$3.50M

Industries

Business Development,Enterprise Software,Information Technology,Retail,Software

Founded date

Jan 1, 1996

Number Of Employee

101 - 250

Operating Status

Close

More than a decade ago, two seasoned pricing experts forged an idea into a company with a singular focus: increasing profitability for retailers. The idea was to take revenue management - a relevant technology proven in other industries - and adapt it to retail. Through revenue management, retailers, too, would use consumer demand to develop pricing strategies that deliver sustained improvements in financial performance. Retail revenue management and KhiMetrics, an application software company, were born together with patents and proven methodologies.

KhiMetrics defined market leadership as requiring retail focus, practical innovation, flexibility, gifted and committed people and stability. Today, several years after KhiMetrics launched the first revenue management solution, these leadership qualities still prevail and have helped the world's leading retailers generate gross profit increases of 5 to 15 percent and corresponding sales increases of 1 to 5 percent.