REDWOOD CITY, Calif., June 4, 2012 /PRNewswire/ -- Trilliant, a global Smart Grid communications leader in delivering solutions that enhance energy efficiency, utility operations and renewable resource integration, today announced it is a winner of the prestigious Red Herring Top 100 Americas award, which honored Trilliant's innovations across the energy and smart grid industry. Of the companies chosen for the Top 100, Trilliant is the only smart grid company represented.
The winners were announced at an awards ceremony during the Red Herring America Conference, May 21-23, 2012.
"Trilliant strives to provide flexible and cutting-edge smart grid solutions for more sustainable and reliable energy systems," said Andy White, CEO of Trilliant. "It is outstanding to have been recognized among some of the most technologically innovative companies across the Americas, proving that Trilliant's customizable solutions are indeed key to a successful smart grid future. This is a testament to our team's accomplishments and our position as a thought leader in the smart grid space as we aim to deliver tailored communications technologies to utilities and customers."
Red Herring's Top 100 Americas list has become a mark of distinction for identifying promising new companies and entrepreneurs. The award recognizes leading private companies from the Americas, celebrating these startups innovations and technologies across their respective industries. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube and eBay would change the way we live and work.
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the Top 100 Winners. We believe Trilliant embodies the vision, drive and innovation that define a successful entrepreneurial venture. Trilliant should be proud of its accomplishment, as the competition was very strong."
Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy and market penetration. This assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models in the Americas.
Trilliant helps leading utilities and energy retailers achieve their smart grid visions through the Trilliant Connected Energy Platform, the only communications platform purpose-built for the energy industry that integrates disparate systems of systems into a unified whole. The Trilliant Connected Energy Platform helps utilities and energy retailers enhance energy efficiency, improve grid reliability, lower operating costs, integrate renewable energy resources and electric vehicles, and empower consumers to better manage their energy consumption. Trilliant has worked with more than 200 leading global utilities and energy retailers, including Centrica, Iberdrola USA, and Hydro One Networks and is backed by prominent investors such as ABB, GE, Investor Growth Capital, MissionPoint Capital Partners, UMC Capital, VantagePoint Capital Partners and zouk ventures. For more information, visit www.trilliantinc.com.