Ken Ouimet is the Chair of Strategic Planning and Founder of Engage3 and is credited with creating the retail revenue management and price optimization market. His first company, Khimetrics, led the industry for almost a decade before being successfully acquired by SAP in 2006. Engage3 is once again pioneering the next big thing in retail business models in the era.
Ken literally grew up in the business starting as a 7-year-old auditing in-store prices while working for his parent’s business, Comparative Prices International. Ken earned a BS in Chemical Engineering from UC Davis (where he received the 2018 Distinguished Engineering Alumni Award) and went on to UC Santa Barbara to pursue his Ph.D. work in Chemical Engineering and Theoretical Physics. While studying Statistical Physics he realized he could utilize these same principles to model retail markets and optimize retail pricing decisions. With his unique perspective and insight, Ken applied statistical physics to create an entirely new approach. Ken served on the Board of Directors of Revionics between 2007-2011 and as Chief Scientist & VP of Innovations at SAP AG between 2006-2007.