MINNEAPOLIS, October 18, 2001 - IDeaS, Inc., a leading provider of revenue management solutions, announced today that it has been named one of America's entrepreneurial growth leaders by Inc magazine, which released its annual ranking of the Inc 500, the nation's fastest-growing private companies.
The Inc 500 ranks the nation's leading entrepreneurial firms according to sales growth over the previous five years. IDeaS joins an elite group of growth companies; former Inc 500 companies include Microsoft, Timberland, Oracle, e-Trade and Patagonia. IDeaS (Integrated Decisions & Systems, Inc.) achieved 1,254% growth in the past five years, ranking 229th overall in this year's Inc 500 survey. IDeaS is the leading provider of revenue management solutions that deliver measurable, guaranteed revenue increases. The company has invented analytic decision solutions that enable global organizations to manage complex market segmentation, packaging, pricing and inventory management. IDeaS is currently planning to diversity from its' primary market focus in the global hospitality industry. "The Inc 500 gives America a window on the future - which companies will be the Microsofts and Timberlands of tomorrow," said George Gendron, Inc editor-in-chief. "The economy may have slowed, but entrepreneurial enterprises have always been, and will continue to be, the nation's foremost engine of growth and job creation." "IDeaS is honored to be recognized as one of the nation's fastest growing companies by Inc Magazine, " said Subhash Gupta, Founder and Chairman of the Board of IDeaS. IDeaS was also recently recognized in numerous awards including, "World Class Solution Award" in the Analytic Application Category (May 2001, DM Review) and "Fast 50" from Deloitte & Touche. About IDeaS, Inc. Integrated Decisions and Systems, Inc. "IDeaS" is a leading provider of revenue management solutions, guaranteeing increased revenue to its clients. The company has invented analytic decision solutions that enable global clients to manage complex market segmentation, packaging, pricing and inventory management. IDeaS solutions create compelling enterprise value:1) Increased Revenue…guaranteed, 2) Higher Profits, and 3) Enhanced Property Valuations. IDeaS' founders pioneered innovative revenue management solutions for companies including US Air, Northwest Airlines and United Van Lines. In 1996, IDeaS created a solution designed for the hospitality industry; fundamentally changing the practice of revenue management with automated decision execution solutions and guaranteed results. IDeaS clients include properties and chains including the Plaza Athénée Paris, the Opryland Hotel Group, Vail Resorts, Hyatt International Corporation, Bass Hotels & Resorts, Six Continents Hotels & Resorts, Hilton International, Millennium & Copthorne, Mandarin Oriental Hotel Group and Kempinski Hotels and Resorts. IDeaS, founded in 1989, is headquartered in Minneapolis, Minnesota. The company maintains technology development, support and sales offices in North America, the United Kingdom, Europe, Australia and Asia. For more information, visit
Contact
Gale Ward
Phone: 952 698-4200
Email: gward@ideas.com
Organization
IDeaS a SAS company
https://ideas.com
8500 Normandale Lake Boulevard, Suite 1200
USA
- Minneapolis, MN 55437
Phone: (952) 698-4200
Email: info@ideas.com
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