REDWOOD CITY, CA--(Marketwire - May 24, 2011) - Host Analytics, the leading provider of SaaS-based corporate performance management (CPM) solutions, today announced it has been selected as a Finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. 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 year was very rewarding," said Alex Vieux, publisher and CEO of Red Herring. "The global economic situation has abated and there are many great companies producing really innovative and amazing products. We had a very difficult time narrowing the pool and selecting the finalists. Host Analytics shows great promise therefore deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Top 100 winners of Red Herring North America. We know that the 2011 crop will grow into some amazing companies that are sure to make an impact."
Finalists for the 2011 edition of the Red Herring 100 North America award are selected 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, mobile and other industries completed their submissions to qualify for the award.
"Our customers, technology, and corporate growth are the elements that continue to be recognized in the SaaS CPM business and beyond," said Jon Kondo, CEO at Host Analytics. "Host Analytics has maintained its place at the top of its industry thanks to prestigious accolades such as being named a finalist by Red Herring. This honor has brought tremendous validation to our company's vision and that validation will no doubt continue throughout 2011."
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About Host Analytics
The Host Analytics Decision Platform™ reveals the full implications of decisions -- both risk and reward. As the industry's first cloud-based corporate performance management (CPM) suite, Host Analytics improves budgeting, forecasting, financial consolidations, dashboarding, scorecarding, reporting and analysis to drive fact-based decisions for finance executives. Host Analytics serves midsize to large customer organizations including AT&T, Procter & Gamble, Crocs, Thule, Otis Spunkmeyer, Schumacher Group and Red Roof Inn. Founded in 2000, Host Analytics was named among JMP Securities' Hot 100: The Best Privately Held Software Companies and the AlwaysOn OnDemand 100. The company has also received industry accolades such as the 2010 Ventana Research Leadership Award and the 2010 Editors' Choice Award From TechWeb's Intelligent Enterprise.
For additional information, visit http://www.hostanalytics.com/ or join the conversation at www.twitter.com/host_analytics.
Contact Information:
Contact Information:
Tami Casey
Kulesa Faul for Host Analytics
(650) 340-1984