Feedvisor Wins Frost & Sullivan Award for Innovation Excellence
The award was based on Frost & Sullivan's research into the analytics-based repricing software market, which concluded that Feedvisor repricing platform offered key advantages ahead of competitors (who were not named in the report).
"Feedvisor employs self-learning algorithms that adapt to various business objectives, thereby completely eliminating the need to define pricing rules or change the rules periodically," said Frost & Sullivan Research Analyst Sathya Vendhan. "Furthermore, as it is not dependent on rule definitions, it can be evolved for use in accurate repricing of stock options when financial laws and rules change often."
Each year, Frost & Sullivan presents this Award to a company that has developed a pioneering technology that not only enhances current products, but also enables the development of newer products and applications.
FeedVisor also won a Red Herring award this year, in April.
Source: PR Newswire