TORONTO, May 26, 2016 — TradeRev, a revolutionary vehicle appraisal and auctioning system for automotive dealers, announced today that it was named the Gold winner in Network Products Guide’s 11th Annual 2016 IT World Awards® in the Hot Technologies category. TradeRev CEO and President Mark Endras made the announcement.
The Hot Technologies category honors superior technology service solutions across the globe. Recognized for its revolutionary vehicle appraisal and remarketing system, TradeRev is disrupting the automotive remarketing industry and is widely praised by its thousands of North American users for making the automotive remarketing process more productive, profitable and transparent for dealers. Based on its unique innovative technology and its significant traction in North America, TradeRev was selected the single Canadian winner in this specific category.
The prestigious IT World Awards® program is the premier information technology award program honoring achievements in every facet of the IT industry. Led by Network Products Guide, the industry’s leading technology research and advisory guide, the awards honor the best in every area of information technology including areas such as organizational performance, products and services, hot technologies, successful deployments, product management and engineering and customer satisfaction. Winners from all over the world will be honored on Monday, June 27 during the 2016 SVUS Red Carpet Awards Ceremony Dinner in San Francisco.
“We are incredibly honored to be named the Gold winner of this prominent award and proud of what it signifies of our efforts to disrupt the automotive industry and change the way car dealers do business,” said Endras. “This award further validates our hard work and dedication to solving long-held industry pain points for dealers, and motivates us to continue on our path of revolutionizing the automotive industry with our innovative technology.”
TradeRev is a game-changing tool that harnesses mobile technology to enable dealers to launch live, real-time, one-hour auctions, while empowering buyers to purchase vehicles from wherever they are. It changes the remarketing process, making it more productive and profitable for dealers, allowing them to close more new car deals, minimize risks during the trade-in process and sell vehicles quickly, all at a reduced expense. As the first technology of this type to launch on the market, TradeRev has taken the North American automotive industry by storm and continues to innovate and revolutionize the user experience to ensure it remains ahead of the pack.
TradeRev is a revolutionary vehicle appraisal and auctioning system that gives dealers and buyers the power to launch live, one-hour, dealer-to-dealer auctions from the palm of their hand, whenever and wherever they are. Available on iOS, Android and desktops, TradeRev brings unmatched convenience, accessibility and advantage to the retail and wholesale remarketing processes, including the ability to sell vehicles on-demand, and generate real-time, real-data pricing information. Through SMS, mobile and email alerts, buyers never miss an auction, and have access to fresh trades before they even reach traditional inventory channels. Backed by ADESA’s suite of back office services, as well as an innovative rating system, buyers and sellers alike can participate in real-time auctions with confidence and transparency. ADESA is a business unit of KAR Auction Services (NYSE: KAR). For more information, visit traderev.com.
About NPG IT World Awards
As industry’s leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. The Annual IT World Awards is part of the SVUS Awards® recognition program from Silicon Valley in the United States of America which also includes other programs such as CEO World Awards, Consumer World Awards, Customer Sales and Service World Awards, Golden Bridge Awards, Globe Fastest Growing Private Companies Awards, Info Security PG’s Global Excellence Awards, Pillar World Awards, PR World Awards, and Women World Awards. To learn more, visit www.networkproductsguide.com