SAN FRANCISCO, May 9, 2013 /PRNewswire/ -- SignalDemand Inc., a leading provider of predictive analytics and optimization technology for commodity-based manufacturers, announced today that it has been named a finalist for Red Herring's Top 100 North America award, a prestigious honor bestowed upon the year's most promising private technology ventures in North America.
Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1995. Hundreds of candidates are evaluated on twenty major criteria including, but not limited to, the company's addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management expertise. Each company fills out a thorough application, and then goes through an individual interview, and finally Red Herring supplements that with its own due diligence. The list of finalists often includes the best performing and prominent companies of the year and is a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
2013 will be remembered as a special vintage. "The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups' solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States' entrepreneurial excellence," said Alex Vieux, publisher and CEO of Red Herring.
Finalist selections for the 2013 edition of the Red Herring 100 North America award are based upon 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 fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.
Finalists are asked to present their winning strategies at the Red Herring North America Forum in Monterey, Calif., May 21 to 23, 2013. The Top 100 winners will be announced on the final evening of the event at a special awards ceremony on May 23.
Please follow the Red Herring conference at https://twitter.com/digitalherring hashtag #RedHerring100
SignalDemand provides powerful technology -- predictive analytics and optimization -- for commodity-based value chains to improve profitability. Through on-demand software and services, SignalDemand leverages "big data" to deliver real-time recommendations to help make complex price, mix, supply and purchasing decisions across products, customers, channels and suppliers. SignalDemand's recognition includes being named a "Cool Vendor" in Gartner's "Cool Vendors in Manufacturing" Report. SignalDemand was also the only on-demand pricing company recognized by JMP Securities' "Hot 100" list of private companies. Companies such as ConAgra, Fonterra, JBS, Sobeys, Teys Brothers, BJs and Hormel rely on SignalDemand for immediate and ongoing improvement of financial performance.
For more information, please visit www.signaldemand.com/.
*SignalDemand is a registered trademark of SignalDemand.
SOURCE SignalDemand Inc.