Santa Monica, CA – Red Herring announced its Top 100 award in recognition of the leading private companies from North America, Europe, and Asia, celebrating their innovations and technologies across their respective industries.
Red Herring’s Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Global to the Top 100 Winners. We believe PreludeSys embodies the vision, drive and innovation that define a successful entrepreneurial venture. PreludeSys should be proud of its accomplishment, as the competition was the strongest it has ever been.”
“Making it to the list of 100 global companies bears the testimony of great work that our people do every day. I was elated by winning but at the same time humbled by the other companies that made the list for what they are doing in every corner of the world”, said Mr. Kiran Babu Chandra, CEO Global – PreludeSys, upon winning Red Herring Global Top 100.
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment allows Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models from around the world.