Trivandrum: Technopark based Waybeo Technology Solutions today announced they have been selected as a finalist for Red Herring’s Top 100 Asia award, a prestigious list honouring the year’s most promising private technology ventures from the Asian business region. The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across Asia.
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 unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the ‘buzz’ and make the list an valuable instrument for discovering and advocating the greatest business opportunities in the industry.
In a statement, Alex Vieux, Publisher & CEO, Red Herring said, “This year was very rewarding. 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. Waybeo 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 Asia. We know that the 2012 crop will grow into some amazing companies that are sure to make an impact.”
Bushairusalam AP, CEO, Waybeo said, “It is an achievement to be selected as Red Herring Asia finalists this year and we are expecting to be in Global 100 too. We hope we will be the pioneers in co-creating values to human lives worldwide through innovative technology solutions.”
Finalists for the 2012 edition of the Red Herring 100 Asia award are selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. The finalists are invited to present their winning strategies at the Red Herring Asia Forum in Hong Kong, September 10-12, 2012. The Top 100 winners will be announced at a special awards ceremony the evening of September 12 at the event.
Kerala IT News