Hybris comes close to European retail award

E-commerce vendor hybris was runner-up at the 2007 European Retail Solutions Awards in the Best Use of Technology in an Emerging Business category for its work with Digital Stores.

Hybris, a leading product information management (PIM) and e-commerce vendor, took runner-up prize in Best Use of Technology in an Emerging Business category at this year's European Retail Solutions Awards 2007.

The company, which was a winner at the awards in 2006, made it through to the final stages of the awards for the innovative way it is helping Digital Stores to expand its online retail business.

Ariel Ludi, CEO of hybris, said: "We are very pleased to have been a finalist in the 2007 European Retail Solutions Awards - our innvovative e-commerce solutions are helping some of the world's leading companies get the most from their online businesses by enabling them to offer greater sophistication and choice for the online purchasing process, as well as reducing the cost and time needed to ensure the clarity and accuracy of information needed for the products and services being offered".

Hybris entered the awards by putting forward one its customers, UK-based Digital Stores, which is emerging as a key player in the online retail business.

Digital Stores has expanded its online retail services business by up to 50% year on year using the hybris e-commerce suite.

The company has been able to do this by expanding its existing white label online retail business as well as moving into wholesale music sales for global companies thanks to the features and functionality provided by the hybris platform.

Hybris supplies standard software solutions for the media-independent management of product information and its distribution over both online and print channels.

Manufacturers, vendors, marketplace operators and purchasing companies consolidate and manage their entire product information in every language on one platform, in the process creating a "single source of truth".

Enterprises are able to supply online and print channels with information from this central hub.

Integrated solutions for catalogue management, e-commerce, e-procurement and database publishing provide you with personalised and channel-specific data recycling throughout all electronic procurement and sales channels.

This also means that print catalogues can be published without media fragmentation.

The hybris solution's integrative approach to managing and recycling product information leads to a reduction in process costs, clearing the path for companies to add new sales and procurement markets at low cost.

The return on investment with hybris is very fast.

As hybris has selected to use standards-based and future-proof basic technologies in its solutions, investments are secure over the long term.

Established in 1997, the company is based in Munich and it has offices in the UK and Switzerland.

It has over 1,000 customers and was recently awarded the European Retail Solutions Award for Best Use of e-Commerce in a Retail Environment and European Retail Technology Solution of the Year 2006.

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