BURLINGTON, Mass., Jan. 26, 2011 /PRNewswire/ -- Viridity Software, the leading provider of data center optimization and energy resource management (ERM) solutions, today announced that it has been selected as Finalist for Red Herring's Top 100 Global Award, a prestigious list honoring 2010's most promising private technology ventures from around the world.
The Red Herring editorial team selected the Finalists from a pool of over 1,200 organizations – the Finalists from its Red Herring Asia, Europe and North America Awards. The nominees were 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 unique assessment of potential was complemented by a review of the actual track record and standing of each company, which allowed Red Herring to see past the "buzz" and make the list an important instrument for discovering and advocating the greatest business opportunities in the industry.
"2010 was very difficult but extremely rewarding," said Alex Vieux, publisher and CEO of Red Herring. "Despite lingering effects of the global economic situation, there are many great companies producing truly innovative and amazing technologies, to the extent that we had a hard time narrowing the pool and selecting the Finalists. Viridity Software shows great promise and deserves to be among the Finalists. Now we're faced with the difficult task of selecting the Winners of the Top 100 Global Award."
"We are incredibly honored to have been recognized once again* by Red Herring's highly respected editorial team – an organization respected worldwide for its demanding standards and meticulous attention to detail," said Arun Oberoi, president and CEO of Viridity Software. "Indeed, from a business standpoint, 2010 was not a year for the fainthearted. Yet, we are proud to acknowledge that for Viridity Software it was a year of tremendous momentum, growth and accomplishment."
Oberoi continued, "We wish the greatest of luck to our fellow Finalists, as well as to the Red Herring editorial team who clearly has their work cut out for them in choosing the Winners from its remarkable list of Top 100 Global Award Finalists."
The Finalists have been invited to present their winning strategies at the Red Herring Global forum in Los Angeles, January 24-26, 2011. The Top 100 Global Winners will be announced at a special awards ceremony on January 26 at the event.
About Viridity Software
Based in Burlington, MA, Viridity Software is the leader in data center optimization and energy resource management software. Its EnergyCenter™ data center energy monitoring, measurement and management software provides customers with a cross functional solution for understanding the connection between physical infrastructure, IT equipment and applications. Once these connections are fully understood, actionable strategies are provided so that customers can run more efficient, less expensive, highly optimized, eco-friendly, sustainable data centers. For further information, please visit: www.viridity.com, email: [email protected] or call: 781-425-2060.