Renoworks enhances go-to-market efficiency
and accessibility for manufacturer brands and products on
visualizer platform
CALGARY, July 10, 2018 /CNW/ - Renoworks Software Inc.
(TSXV: RW) ("Renoworks" or the "Company"), the leading
platform for the home remodeling and construction industry
announces third-party visualization integration capabilities by
opening its home design ecosystem to manufacturers' independently
developed visual product configurators.
Previously, manufacturer integration with Renoworks visualizer
platform required Renoworks' specific product library format.
With new third-party integration, manufacturers can now embed
their existing configurators into the Renoworks visualization
platform, thereby creating a seamless experience for end-users to
customize products such as doors and windows, and transition to a
home design project within Renoworks.
As additional benefits to this integration, manufacturers not
only gain branding and product exposure within the Renoworks
network of lumber and building material suppliers, retailers,
contractors, remodelers, builders and homeowners, they also
decrease deployment time, streamline library maintenance and
increase speed and efficiency in their product go-to-market
strategies.
Go-to-Market Efficiency for Manufacturers
Due to the competitive nature of the home improvement industry,
the need for faster go-to-market solutions of products is vital in
staying relevant in the eyes of manufacturers.
As an open platform for third-party integration, the Company is
providing an alternative solution for manufacturers to deploy and
maintain product offerings in real time, therefore staying top of
mind with consumers with minimal effort and exposing their full
offering to more customers.
Release of new products becomes instantaneous with Renoworks
third-party integration.
"Third-party integration is just one example of the Renoworks
strategy to expand our platform and technology solutions,"
explained Doug Vickerson, CEO of
Renoworks. "By embracing a strategy of openness with our
manufacturer clients and supplying them with all the tools
necessary to connect their products to the large audience of home
improvement players, we can ensure that end-users receive the best
Renoworks experience we can offer."
Platform Openness as a Growth Strategy
"We see this 'open' strategy as not just a means of lowering the
barrier of entry into the Renoworks ecosystem, but another avenue
towards providing a place for all participants in multiple
categories in the home improvement industry such as manufacturers,
real estate, insurance, and others to be involved in its growth and
by doing so, we can deliver only the best experience for homeowners
throughout the value chain," added Mr. Vickerson.
Mr. Vickerson concluded, "Those who understand that industry
growth requires experiential innovation will not be antagonized by
our goal but will embrace it. We think the market will respond well
to this new option and join us as we work towards our vision of a
more connected home improvement industry."
Renoworks will continue to develop product libraries and
configurator solutions, with differentiation such as deeper
integration with Renoworks ecosystem, future machine learning
driven features, and business intelligence access of enhanced
analytics and insights.
About Renoworks
Renoworks Software Inc. develops and sells unique digital
visualization software and integration solutions for the remodeling
and new home construction industry. Renoworks delivers its
technology to manufacturers, contractors, builders and retailers
offering solutions to one of the home improvement industry's
greatest challenges: enabling homeowners to review their product
selections in a hyper realistic, virtual environment before
committing to purchases and construction. Renoworks markets its
technologies as innovative engagement tools and generates revenues
from four main business lines: Renoworks Enterprise, Renoworks PRO,
Renoworks Design Services and Renoworks SDK (Software Development
Kit). For more information, visit: www.renoworks.com and
www.renoworkspro.com.
Forward Looking Information
Certain statements in this news release, other than
statements of historical fact, are forward looking information that
involves various risks and uncertainties. Such statements relating
to, among other things, the prospects for the company to enhance
operating results, are necessarily subject to risks and
uncertainties, some of which are significant in scope and nature.
These uncertainties may cause actual results to differ from
information contained herein. There can be no assurance that such
statements will prove to be accurate. Actual results and future
events could differ materially from those anticipated in such
statements. These and all subsequent written and oral forward
looking statements are based on the estimates and opinions of the
management on the dates they are made and expressly qualified in
their entirety by this notice. The Company assumes no obligation to
update forward-looking statements should circumstances or
management's estimates or opinions change.
The TSX Venture Exchange does not accept responsibility for
the adequacy or accuracy of this release.
SOURCE RenoWorks Software Inc.