Digimarc Corporation, inventor of the Digimarc Discover platform featuring the imperceptible Digimarc Barcode, has announced that the company got the recognition for driving innovative solutions into the retail sector by ABI Research which also termed Digimarc as a Smart Retail Hot Tech Innovator for 2017.
The company was also recognized in IEEE Spectrum for its intellectual property, ranking third for its patent portfolio in the computer software category behind only Microsoft and VMWare, and ahead of software powerhouses including Adobe, Citrix, Oracle, SAP and Symantec, a company release said.
"Our vision is to enrich everyday living through our patented technologies and applications such as Digimarc Barcode. We have a long tradition of technology innovation and a computing platform that enables future application development and growth by our customers and partners. It's gratifying to see this recognition of our industry-leading innovation," said Bruce Davis, chief executive officer, Digimarc.
ABI Research identified solutions and innovative companies that are enabling a retail revolution. According to the firm, the selection criteria for "retail hot tech innovators" identified the companies that are the fastest growing in the retail technology industry based on the number of implementations internationally, and the amount of funds raised from capital investors that will continue to fuel their growth.