REMEDI News

 

REMEDI Electronic Commerce Group Finishes 2010 With Record Performance

REMEDI Electronic Commerce Group announces 2010 results, accomplishments, and major milestones.

Columbus, OH (PRWEB) February 24, 2011  — REMEDI Electronic Commerce Group, a Business and Data Integration organization providing consulting, software, training, managed services, and recruiting & placement solutions, announced today that it bested prior performance for the second consecutive year on a variety of key metrics for which the company measures. Contributing to its success was a broadening of focus from B2Bi, EDI, and EAI, to include ETL, data integration & warehouse, and business intelligence technologies. Other growth factors include the expansion of sales, marketing, and sourcing staff, strengthening of key partnerships, increased delivery of managed services, and ongoing integration thought leadership initiatives.

“2010 was a bounce back year for most given challenges of the Great Recession. To combat challenges and prepare for a return to growth, REMEDI partnered with clients on a wide spectrum of initiatives. For many, assistance included EDI managed services to accommodate growing integration requirements without growing staff.  Other projects involved gaining leverage against competitors through upgrades to integration environments and efficiency enhancements through automation. Our work with clients allowed for flexibility in an ever changing environment providing variable staff through consulting, staff supplementation, and managed services. Assistance on the recruiting front also proved valuable to clients as they sought to expand full-time staff when needs trended long term” according to President Brad Loetz.  “By serving clients interested in utilizing business and data integration tools, training, and technologists, we have been able to help clients get a jump on the recovery and continue doing more with less resulting in various operational, financial, and performance related successes in 2010”.

Relevant highlights and milestones in 2010 include:

• REMEDI completed its 16^th year in business and expands its offering to include ETL, Data Integration & Warehouse, and Business Intelligence technologies.

• The organization grew a key partnership with Sterling Commerce, an IBM Company, to include the ability to sell IBM Software Group B2B Business Solutions including Sterling Integrator / Gentran Integration Suite, Gentran Server, Gentran iSeries, Gentran Director and Pro, Sterling File Gateway, and more.

• For the second consecutive year the organization hit new highs in terms of billable hours which increased by 18.5% over 2009. Revenue on an accrual basis hit a new high in 2010 growing 18.1% over the prior year. The average monthly number of REMEDI consultants on projects increased by 26%.

• REMEDI increased recruiting staff to expand capacity for consulting and full-time opportunities, and increased sales and marketing staff to extend its marketing and business development reach.

• Offerings in 2010 that lead in popularity included: B2Bi / EDI managed services, large scale trading partner on boarding, X-link (Gentran to SI/GIS) map conversion service, and infrastructure upgrade / installation / quick start service. Q4 also marked a noticeable increase in recruiting and placement requests for full-time integration professionals.

About REMEDI

 

REMEDI Electronic Commerce Group is an independent provider of business-2-business and application-2-application integration consulting, managed services, and placement services since 1994.  REMEDI’s broad spectrum of customers relies upon our expertise in installing, implementing, integrating, and supporting B2Bi and A2Ai solutions that improve productivity, competitiveness, and stakeholder value.

REMEDI Electronic Commerce Group Finishes 2009 With Record Performance

REMEDI Electronic Commerce Group Announces 2009 Corporate Results, Accomplishments, And Highlights Major Milestones

Columbus, OH (PRWEB) January 19, 2010 – REMEDI Electronic Commerce Group, an organization providing business-2-business integration (B2Bi) and application-2-application integration (A2Ai) placement, project consulting, staff supplementation and managed services (www.remedi.com), announced today that it bested prior performance on a variety of key metrics for which the company measures. Also aiding the success for the year was improved execution on new business development, development / growth of key partnerships, new CRM utilization, and continued brand transition to mirror the growth in business integration services delivered to clients.

“In 2009 our clients faced economic challenges like no year in recent past. REMEDI partnered with clients on initiatives which supported the varying needs of their businesses which depended on their chosen response to business conditions. For many, assistance included business integration and EDI support for staffs cut to the bone through deep reductions in force. Others trying to gain leverage against competitors in a down economy required integration product / project specialists for integration with key trading partners, integration tool upgrades, or for system performance tuning and optimization. And finally, through managed services, there were those clients that outsourced integration infrastructure management and business network integration to combat core competency distraction and talent challenges. In all, client initiatives were focused on increasing integration and automation with partners while wringing costs out of procure to pay and order to cash business processes” comments President Brad Loetz. “It is by working with, and focusing on, clients interested in utilizing data integration tools and infrastructure to combat a challenging business environment, we were able to realize with clients collective operational, financial, and metric related successes in 2009″.

Relevant highlights and milestones in 2009 were as follows:

• In 2009 REMEDI completed its 15th year in business, starting in 1994 as an EDI consulting company and evolving over the years into a business integration professional services and placement provider.
• The year was a record one for the company in terms of billable hours. Billable hours increased by 18.75% over 2008. Professional services revenue on an accrual basis increased 3.7% during this time.
• Completed projects for 2009 increased 33.8% over 2008.
• The average monthly number of REMEDI consultants on projects increased by 12%.
• Projects for 2009 utilizing the Sterling Commerce Sterling Integrator / GIS product increased by 137% over 2008. In 2009, 69% of projects involved Sterling Integrator / GIS, with 31% of projects involving integration products including: Gentran™ Server, Extol EDI / Business Integrator™, GXS Application Integrator™, eVision™, TIE Integrator™, spEDI*map™, BizManager™, TrustedLink®, DataStage®, Websphere® DataInterchange, and others.
• Services which led in popularity throughout 2009 include: Trading Partner Recruitment and On Boarding, Managed Services, EDI Project Audit and System Health Check, Integration System Performance Tuning, X-link (Gentran to SI/GIS) map conversion service, Infrastructure Upgrade/Migration service.

About REMEDI
REMEDI Electronic Commerce Group is an independent provider of B2B (business-2-business) and A2A (application-2-application) integration consulting, placement, staff supplementation, and managed services, serving clients since 1994. REMEDI’s broad spectrum of customers relies upon our expertise in installing, implementing, integrating, and supporting B2Bi and A2Ai solutions that improve productivity, competitiveness, and stakeholder value. Visit www.remedi.com.

REMEDI Electronic Commerce Group Finishes 2008 With Strong Performance And Carries Momentum Into 2009

REMEDI Electronic Commerce Group announces 2008 corporate results, highlights major milestones, and sets the tone for 2009.

Columbus, OH (PRWEB) February 25, 2009 – REMEDI Electronic Commerce Group, an organization providing Electronic Data Interchange (EDI) and Business to Business (B2B) eCommerce full-time placement, project consulting, staff supplementation and managed services,  announced today that it eclipsed 2007 results in 2008. 2008 was a record year for the company in a variety of performance categories. Additionally, increased demand for services, improved execution on new business development, and continued transformation by clients from EDI to B2B eCommerce software tool sets positions the company for continued growth in 2009.

“Given the economic challenges facing companies today, many managers in IT are being asked to slash headcount, curtail integration efforts, and defer key eCommerce projects. Yet other organizations, where IT value is recognized as the way to combat these tough times, are turning to EDI and eCommerce groups for the advantages these teams and their technology bring the companies. Specifically eCommerce infrastructures and solutions bring efficiency, productivity, reduced cycle times, and business process modeling, optimization, and management,” comments President Brad Loetz. “It is by working with, and focusing on, those clients interested in utilizing data integration tools and infrastructure across their business networks we are able to assist companies collaborate more effectively with partners. This has allowed clients, and REMEDI, to realize the collective operational and financial success we have in 2009″.

Relevant highlights and milestones for REMEDI in 2008 were as follows:

• In 2008 REMEDI began its 15th year in business, starting as an EDI consulting company and evolving over the years to provide B2B eCommerce professional services and placement.
• The year was a record one for the company in terms of billable hours resulting in record revenue and profit. Billable hours increased by 8% over 2007. Services revenue also increased 7% during this time.
• Inc. ranked REMEDI Electronic Commerce Group as one of the 5000 fastest-growing private companies in the country.
• REMEDI increased recruiting staff by 33% to expand candidate recruitment for consulting and full-time placement opportunities.
• REMEDI increased sales and marketing staff by 50% to expand opportunity and account management capacity as well as marketing and business development initiatives.
• The REMEDI EDI and B2B eCommerce professional database (screened and qualified consultants and full-time candidates) grew by 35% for the year.
• Services added in late 2007, EDI Project Audit and System Health Check, gained traction with clients throughout 2008. This was available for all eCommerce environments, but particularly popular with Gentran Integration Suite implementations.
• A service launched in 2008 allows clients to more economically convert Gentran™ UNIX 5.X or 6.X Visual Maps to GIS maps or Gentran™ UNIX 6.X Application Integrator maps. The conversion offering is completed with the X-Link Engine and can take the process of remapping Visual Maps to GIS / Application Integrator maps from 16-24 hours per map to as low as 2-4 hours per map.

About REMEDI
REMEDI Electronic Commerce Group is an independent provider of EDI (Electronic Data Interchange) and B2B eCommerce professional consulting services, solutions and placement, serving clients since 1994. REMEDI’s broad spectrum of customers relies upon our expertise in installing, implementing, integrating, and supporting B2B integration initiatives that improve productivity, competitiveness, and stakeholder value.

REMEDI Electronic Commerce Group on the 2008 Inc. 5,000 With Three-Year Sales Growth of 72%

NEW YORK, August 20, 2008 – Inc. today ranked REMEDI Electronic Commerce Group No. 4039 on its annual ranking of the 5000 fastest-growing private companies in the country. The list is the most comprehensive look at the most important segment of the economy – America’s independent-minded entrepreneurs. Taken as a whole, these companies represent the backbone of the U.S. economy.

“Our second annual Inc. 5000 continues the most ambitious project in business journalism,” said Inc. 5000 Project Manager Jim Melloan. “The Inc. 5000 gives an unrivaled portrait of young, underreported companies across all industries doing fascinating things with cutting-edge business models, as well as older companies that are still showing impressive growth.”

REMEDI Electronic Commerce Group, an organization that specializes exclusively in the development, integration, and implementation of business-to-business Electronic Data Interchange (EDI) solutions (www.remedi.com), is pleased to report that it continues company growth in line with its strategic growth plan and stakeholder expectations. This growth is further acknowledged by the company’s recent recognition by Inc. as one of the Inc. 5000 Fastest Growing Private Companies in America.

“Increased client demand for EDI consulting services as well as the company’s addition of direct placement services, improved execution on marketing / new business development, and industries continued migration from EDI and EAI packages to Integration Suites is to credit for REMEDI’s growth and Inc. recognition,” comments President Brad Loetz. “Also to credit is our staff, consultants, and clients whose trust we have earned over our 15 years in business and who allow us to assist with their electronic commerce needs.”

REMEDI, in its 15th year in business and one of the original EDI specific consulting and placement firms, is among the very few who maintain the “only EDI” focus. The firm’s niche focus allows it to be the best among the EDI domain of knowledge.

The 5000 companies that made the list reported aggregate revenue of $185 billion and median three-year growth of 147 percent. Most important, the 2008 Inc. 5000 companies were engines of job growth, having created more than 826,033 jobs since those companies were founded. Complete results of the Inc. 5000, including company profiles and a list of the fastest-growing companies that can be sorted by industry and region can be found at www.inc5000.com.

Hottest Regions for Fastest-Growing Companies
The New York metro area tops the Inc. 5000 list with the most companies of any city with 355. Washington, D.C. comes in a close second with 300 companies on the list; Los Angeles comes in third with 244 companies, and Atlanta (194 companies) and Chicago (189 companies) round out the top five. Interestingly, only 62 companies on the Inc. 5000 are not based in metropolitan areas.

Grand Rapids, MI leads the list with the highest median revenue of any metro area ($26.2 million, 16 companies), followed by San Antonio, TX ($21.3 million, 25 companies), Baton Rouge, LA ($18.8 million, 14 companies), Houston, TX ($17.1 million, 97 companies), and Kansas City, MO-KS ($16.5 million, 39 companies).

Hottest Industries for Fastest-Growing Businesses
The most notable median growth categories among the Inc. 5000 fastest-growing businesses are in the Energy category (which grew by 298%), followed by Government Services (which grew by 220%), Security (200% growth), IT Services and Software (both grew by 187%), and Consulting (which grew by 182% on average).

The largest business category is IT Services, with 579 Inc. 5000 companies. Business Services (532 companies), Construction (459), Manufacturing (405), and Advertising & Marketing (361) complete the top five industries ranked on the 2008 Inc. 5000.

Industries reporting the highest median revenue are Travel ($38.8 million), Financial Services ($16.3 million), Logistics ($15.4 million) Government Services ($14.2 million), and Energy ($14.2 million).

Methodology
The 2008 Inc. 5000 list measures revenue growth from 2004 through 2007. To qualify, companies must be U.S.-based and privately held, independent – not subsidiaries or divisions of other companies – as of December 31, 2007, and have had at least $200,000 in revenue in 2004, and $2 million in 2007.

Companies can apply for next year’s Inc. 5000 by registering with “IncBizNet, Business Network for Private Companies”, at www.incbiznet.com.

About REMEDI
REMEDI Electronic Commerce Group is an Independent Provider of EDI (Electronic Data Interchange) Professional Consulting Services, Solutions and Placement, serving clients since 1994. REMEDI’s broad spectrum of customers relies upon our expertise in installing, implementing, integrating, and supporting EDI integration initiatives that improve productivity, competitiveness, and stakeholder value. Visit www.remedi.com

About Inc.com
Inc.com, the daily resource for entrepreneurs, delivers how-to guides, advice, tools, breaking news, and rich multi-media to help business owners and CEOs start, run, and grow their businesses. Inc.com offers dynamic marketing solutions to help advertisers effectively reach Inc.com’s audience of business leaders. Visit www.inc.com.

About Inc. 500|Inc. 5000 Conference
Each year, Inc. magazine and Inc.com celebrate the remarkable achievements of today’s entrepreneurial superstars — the privately held small businesses that drive our economy. The Inc. 500|Inc. 5000 Conference brings together members of the Inc. 5000 community—both a new class of Inc. 5000 honorees and the list’s alumni—for three days of powerful networking, inspired learning, and momentous celebration. For the first time ever, this powerful networking event is open to all. Please join us September 18-20, 2008 at the Gaylord National Resort and Convention Center in Washington, D.C. For more information or to register, visit www.Inc500Conference.com or call us at 877-211-0489.

REMEDI Electronic Commerce Group Finishes 2006 With Solid Results And Carries Momentum Into 2007

REMEDI Electronic Commerce Group (www.remedi.com) announces 2006 corporate results and highlights major milestones for the year.

Columbus, OH (PRWEB) February 20, 2007 — REMEDI Electronic Commerce Group, an organization that specializes exclusively in the development, integration, and implementation of business-to-business Electronic Data Interchange ( EDI ) solutions (www.remedi.com), announced today that it continues company growth in line with the strategic plan and stakeholder expectations. Additionally, increased demand for services, improved execution on new business development marketing & sales, and increasing migration from EDI and EAI packages to integration suites, will position REMEDI for continued growth in 2007.
Relevant Highlights for 2006

• The B2B integration suite component of REMEDI’s consulting services practice achieved 305% growth in 2006 over the prior year. This continues to be due, in large part, to an increased interest from clients in moving from disparate Electronic Data Interchange ( EDI ) and Enterprise Application Integration ( EAI ) systems, to highly robust B2B integration suites capable of both.
• REMEDI Outsource, a hosted data transformation service offered to clients since 2003, assisted companies in complying with trading partner data and connectivity demands while letting them focus on core duties and responsibilities. This service experienced growth through the year and contributed to 2006 overall success, with a revenue increase of 218% for the year.
• In fiscal year 2006, REMEDI posted a modest revenue increase versus the 83% revenue experienced in the prior year. The profitability of the organization increased 24% in 2006 over the prior year due to revenue growth and certain fixed expenses reduced or eliminated throughout the year.
• REMEDI increased its active client base by 28 over the course of the year. Since its formation, REMEDI has served nearly 300 clients who have turned to the organization with varying EDI and integration needs.

About REMEDI
REMEDI Electronic Commerce Group is an Independent Provider of EDI (Electronic Data Interchange) Professional Consulting Services and Solutions, serving clients since 1992. REMEDI’s broad spectrum of customers relies upon our expertise in installing, implementing, integrating, and supporting EDI integration initiatives that improve productivity, competitiveness, and stakeholder value.

REMEDI Electronic Commerce Group Announces 2005 Results

REMEDI Electronic Commerce Group Announces 2005 Corporate Results And Highlights Of 2005

Columbus, OH (PRWEB) February 2, 2006 – REMEDI Electronic Commerce Group, an organization that specializes in the development, integration, and implementation of business-to-business ( B2B ) electronic commerce solutions, (www.remedi.com) continues it’s growth in line with strategic plans implemented over recent years. In fiscal year 2005, REMEDI posted a revenue increase of 83% versus revenue experienced in the prior year period.
Relevant Highlights for the Year

• REMEDI’s B2B Integration Suite component of its Technical Consulting practice achieved 273% growth in 2005 over the prior year. This was due, in large part, to an increased interest from clients in moving from disparate Electronic Data Interchange ( EDI ) and Enterprise Application Integration ( EAI ) systems, to highly robust B2B integration suites capable of both.
• REMEDI increased its sales and marketing staff by 33%, while doubling its recruiting and placement staff in 2005.
• REMEDI Outsource, a hosted data transformation service provided to clients since 2003, assisted companies in complying with trading partner data and connectivity demands, while allowing them to focus on core duties and responsibilities. This service also experienced growth through the year and contributed to 2005 overall success, with an enhanced effort in 2006 to grow our data transformation volume and revenues.
• REMEDI Cosource, a long time REMEDI service, provides clients fractional EDI / EAI consultants to run and maintain electronic commerce systems on client owned hardware and software. Particularly attractive to those organizations where EDI volume doesn’t justify a full-time internal resource, REMEDI Cosource has driven the 2005 revenue growth while providing good value to the client.
• REMEDI’s Strategic Consulting practice, rolled out in early 2005, contributed modestly to 2005 growth. The company assisted clients with strategy items such as risk assessment, opportunity assessment, strategic planning, functional / technical requirements definition, and software evaluation / selection.

About REMEDI
REMEDI Electronic Commerce Group is an Independent Provider of EDI (Electronic Data Interchange) and EAI (Enterprise Application Integration) Professional Consulting Services and Software Solutions, serving clients since 1994. REMEDI’s broad spectrum of customers relies upon our expertise in installing, implementing, integrating, and supporting B2B E-Commerce initiatives that improve productivity, competitiveness, and stakeholder value.

REMEDI Electronic Commerce Group Expands Partnership with TIE Commerce

Expanded Reseller Agreement Enables REMEDI Electronic Commerce Group to Enhance Current Global Data Synchronization Offering

Columbus, OH (PRWEB) April 27, 2005 – REMEDI Electronic Commerce Group, an organization that specializes in the development, integration, and implementation of business-to-business electronic commerce solutions (www.remedi.com), has expanded its reseller agreement with TIE Commerce (www.tiecommerce.com) to include the TIE Business Integration Suite for UCCnet Services 2.3.

With the addition of this solution to the partnership, the REMEDI Global Data Synchronization service spectrum now includes a technical level solution to client UCCnet needs, complimenting current Global Data Synchronization services including strategy, training / education, risk / opportunity assessment, and functional / technical requirements definition.

REMEDI’s relationship with TIE extends back to 2003 when the company started reselling the eVision and Integrator solutions to their client base. Additionally, the agreement provided for the utilization of TIE tools in REMEDI Outsource, the company’s data transformation service.

“TIE’s eCommerce systems have enabled our clients and our data transformation service, to connect with virtually any partner exchanging information and allowing for collaboration in internal / external relationships via XML / EDI / EAI or other format,” said Tracy Loetz, CEO of REMEDI Electronic Commerce Group. “TIE’s solutions have consistently delivered our clients a seamless workflow, transaction, and any-to-any data transformation management in a price and functionality scalable fashion”.

This relationship with REMEDI Electronic Commerce Group allows TIE to bring significantly more resources to bear on meeting our customers’ current and long term needs,” said Dick Raman, CEO and President of TIE Commerce. “We are very pleased to have REMEDI Electronic Group on board as a TIE Partner.”

About TIE
TIE is an international B2B Integration software company, established in 1987 and listed on the EuroNext Amsterdam Stock Exchange in the NextEconomy Index. TIE provides state-of-the-art software tools and in-depth expertise to TIE subsidiaries and resellers all over the world. These local Solution Providers help companies to do business electronically in order to improve the efficiency and effectiveness of their business processes and to lower their costs. TIE’s main solutions in the ‘Enterprise Portal Framework’ allow companies to integrate their back-office processes to those of their trading partners and to manage product information. Since the TIE solutions are based on years of EDI as well as XML experience, TIE customers can reap the benefit of true open trading. TIE has a broad customer base in the Netherlands, Belgium, and the USA and is a major player in Europe, Latin America, and Asia.

About REMEDI
REMEDI Electronic Commerce Group is a privately held 11-year old organization that specializes in the development, integration, and implementation of business-to-business electronic commerce solutions that improve its clients’ productivity, competitiveness, and stakeholder value.