BOSTON, June 21 /PRNewswire/ -- Martin Dawes Analytics (MDA), a global process analytic software and solutions provider, today announced that it has been selected as a Finalist for Red Herring's North America 100 award, a prestigious list honoring the year's most promising private technology ventures from the North American business region. Martin Dawes was selected as one of the most innovative companies from a pool of hundreds across North America by the editorial team at Red Herring. Finalists for the 2010 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.
"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. Martin Dawes Analytics shows great promise and 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 award. We know that this year's crop will grow into some amazing companies that are sure to go far."
Red Herring's unique assessment of an organization's potential is complemented by a review of the actual track record and standing of a company, which makes the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry. The Top 100 winners will be announced at a special awards ceremony on June 24.
"We and our partners, are seeing substantially greater interest – across worldwide Communications, Media, and Energy & Utility markets - in optimizing complex business processes that involve massive amounts of data and complex logic," said Drew Rockwell, CEO at Martin Dawes Analytics. "What has changed in the last couple of years is that enterprises now have access to the technologies and methods to address a process analytic challenge that previously seemed too hard or too costly. For us, it is extraordinarily rewarding to know that our customers are able to rapidly convert a great need into significant and enduring financial, operational, customer, and market value."
About Martin Dawes Analytics
Martin Dawes Analytics is a global process analytics software company focused on maximizing cash from and improving the performance of complex processes. The Lavastorm Analytic Platform provides data and logic transparency at the atomic level, scales to any level of complexity, is extensible across the order-to-cash process, and delivers both ad hoc analytics and automated controls within one analytic environment. This capability delivers powerful solutions, such as revenue assurance, fraud management, cost validation, customer management, risk management, and core data analytics. For more information, visit www.mda-data.com, call +1 617 345 5422 ext. 244 or follow MDA on Twitter at http://twitter.com/MDAData.
SOURCE Martin Dawes Analytics