Noida, Uttar Pradesh, Intellicus announced today it has been selected as a finalist for Red Herring Global 100 award, a prestigious list honoring the year most promising private technology ventures from around the world.
The Red Herring editorial team selected the most innovative companies from a pool of 1,200. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the "buzz" and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.
Speaking on the achievement, Mr. Pankaj Mittal, CTO, Intellicus Technologies said, "This is an exciting phase for Intellicus, and we feel privileged to be recognized at this level. We have been doing some interesting and innovative things in the Business Insights domain, and our clients have been appreciative of the value we bring to them. Such global recognition enthuses us even more and we are sure that this will give us even greater impetus to make a positive technology difference to our current and future customers."
"This year was especially difficult," said Alex Vieux, publisher and CEO of Red Herring. "Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool and selecting the finalists. Now we are faced with the arduous task of selecting the final 100 winners of the award. We know that this year crop will grow into some amazing companies that are sure to go far."
Finalists for the 2009 edition of the Red Herring Global 100 award are selected from the regional recipients or finalists of the Red Herring 100 awards in 2007, 2008, or 2009 ranging from Asia, Europe, and North America. For the past three years, the award has been given to the top 100 global technology companies based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award.
The CEOs of the 200 finalists are invited to present their winning strategies at the Red Herring Global Conference in Laguna Niguel, California, January 12-14, 2010. The Top 100 winners will be announced at a special awards ceremony at the event.
Notes to Editor
About Red Herring
Red Herring is a global media company uniting the world best high-technology innovators, venture investors, and business decision-makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider view of the global innovation ecosystem, featuring unparalleled insights on the emerging technologies driving the economy.
For more information contact Anam Alpenia at: aalpenia@redherring.com.
About Intellicus
Intellicus is one of the leading providers of the next generation reporting and business intelligence solutions. Incorporated in 2003, Intellicus has grown globally with more than 5000 implementations across America, Europe, and Asia.
The company has major presence in leading verticals including healthcare, supply chain, compliance, financial services, and digital media. Fortune 500 corporations have chosen Intellicus over other large vendors for enterprise deployments due to its lean implementation cycles and near-zero maintenance costs.
Intellicus flexible architecture and a solid integration framework have also won major OEM relationships with leading ISVs. The product is continuously enhanced to add new features for its growing base of customers.
Intellicus has been chosen a Red Herring 100 Asia Finalist and was among the NASSCOM Top 100 IT Innovators.
For more information, visit http://www.intellicus.com or write to info@intellicus.com .
