Favendo was voted one of the 50 most influential start-ups in digital commerce

A prominently staffed jury of experts has voted for Favendo as one oft h 50 most influential start ups in digital commerce.

Among others, members of the jury have been Stefan Genth (CEO of HDE – Handelsverband Deutschland), John Gerosa (Director Retail and Performance at Google) and Marc Lamik (Head of Innovation & Partnerships at Zalando).

The statement says: “Favendo is the leading vendor for location-based services in retail. The start up from Bamberg offers retailers substantial insights and steering mechanisms for floor and cost optimization as well as revenue increase.” The technology is described as “superior and technically mature” by the expert jury. „Additionally the technology platform is sensor agnostic. Favendo works with beacons, Radio-frequency Identification (RFID), Near Field Communication (NFC), Ultra-wideband (UWB) and Visual Light (VLC) – depending on what is most sensible for the customer.”

The complete list of the 50 most influential start ups was published in „Digital Commerce 2017“. The special edition of the start up magazine „Berlin Valley“ by NKF Media GmbH offers impulses and solutions for deciders, owners and CEOs of the leading trading companies as well as their suppliers. The magazine is available since August 3rd .