Jagged Peak is a leading ecommerce solutions provider with software and services that enhance the scalability, flexibility and profitability of multi-channel online businesses. The company’s cornerstone technology, EDGE, is an enterprise-class ecommerce platform that includes a full-featured ecommerce platform and robust order management system (OMS), as well as a warehouse management system and transportation management system. With this innovative technology, Jagged Peak has built a formidable roster of blue chip clients that features many of the world’s leading brands – including Honeywell (NYSE: HON), Nestle (VTX: NESN), Kimberly-Clark (NYSE: KMB), AIG (NYSE: AIG) and Marriott (NASDAQ: MAR).
By combining its innovative technology with a comprehensive array of eMarketing, customer support and IT professional services, Jagged Peak offers a uniquely holistic approach to ecommerce that’s helped it build a formidable presence in the ecommerce market. In 2014, Jagged Peak’s proprietary EDGE OMS managed a total transactional value of approximately $1 billion, with over 400 million product units shipped from more than 1080 stores. Additionally, at just 43 minutes, the company’s platform was responsible for the ecommerce industry’s fastest order to delivery time.
In recent months, Jagged Peak has leveraged the favorable performance of its software solutions and supply chain services to promote strong financial growth. In the second quarter of 2015, the company recorded $17.2 million in total revenue, realizing a 26 percent year-over-year increase. This performance helped Jagged Peak achieve a net income for the period of $523,200, marking an improvement of more than $890,000 over the results of the previous year.
“Our improved results reflect our continued efforts in driving efficiencies while supporting a growing base of clients and their growing online businesses,” Albert Narvades, chief financial officer of Jagged Peak, stated in a news release. “For 2015, we will continue to invest in our technology and infrastructure to support the global needs of our clients.”
Earlier this month, the company took a significant step toward building on its recent growth through the announcement of its impending release of StorePoint, a cloud-based extension to the EDGE ecommerce platform that manages the pickup in-store and site-from-store functions from an easy-to-use online portal. According to a recent report by Forrester Research, 70 percent of online shoppers indicated that they use pickup in-store shipping options in order to avoid shipping costs and save time finding products in the store, demonstrating the considerable market potential of Jagged Peak’s newest offering.
“We witness the change of the landscape of retail over the years and have evolved our technology to keep up with the rapid pace in change,” stated Paul Demirdjian, chief executive officer of Jagged Peak. “StorePoint can help merchants undergo a personalized omnichannel transformation and create a more holistic customer-centric experience while sharing inventory across multiple sales channels.”
With impressive financial growth, an expanding portfolio of services and an established roster of blue chip clients, Jagged Peak is in a formidable position to promote sustainable returns for the foreseeable future. Look for the company to continue updating its platform in order to meet the evolving demands of the ecommerce market in the years to come.
For more information, visit www.jaggedpeak.com
