The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Europe. 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. Intuitive Business Intelligence 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 Europe. We know that the 2012 crop will grow into some amazing companies that are sure to make an impact."
Finalists for the 2012 edition of the Red Herring 100 Europe 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.
Roger Stocker, Director of Intuitive Business Intelligence, will present the company’s winning strategy at the Red Herring Europe Forum in Amsterdam on April 24 2012. The top 100 winners will be announced at a special awards ceremony taking place on the evening of April 25 at the event.
Commenting on the achievement, Stocker says, “I’m delighted that we have been shortlisted as a finalist at this prestigious awards event. The Red Herring awards celebrate the unique achievements and performance of technology innovators across Europe, so it’s exciting that we have been recognised for our performance and innovation in the field of advanced business intelligence dashboard solutions.”