Spend Radar Selected as a Red Herring North America Top 100

June 23, 2011

Award recognizes the most innovative, game-changing companies of 2011.

Chicago, IL (PRWEB) June 22, 2011

Spend Radar, leading provider of spend analysis and spend management software, has been selected by Red Herring as a North America Top 100 company, a mark of distinction that identifies promising new companies and entrepreneurs.

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 North America.

“Being selected as a Red Herring winner validates that we have brought a disruptive technology to the market ““ something that has changed the game,” said Brian Daniels, CEO of Spend Radar. “The competition was very strong and we are proud of this accomplishment. This is a testament to the great people, process, and technology we have in place.”

Awards were presented at the awards dinner closing out the Red Herring North America event, June 13-15 in Hollywood, California. This exclusive conference brought together 200 select C-level technology entrepreneurs, corporate strategists, and venture financiers from across the continent. The forum explored the market’s appreciation of innovation as a fast track to success and how North American firms are leading the charge in many tech sectors. The complete list of the Top 100 North America can be found at: http://www.herring100.com/RHNA/2011/top100.html

About Spend Radar

Spend Radar is a leading software technology company focused solely on conquering the challenges of spend analysis and spend management. Spend Radar was founded to overcome many of the challenges that previous generation spend analysis and data classification solutions fail to address in a complete or optimal way. Our entire focus is to help any organization working with spend or supplier-related data to take action more quickly and effectively, significantly reducing the time spent to create actionable analysis. By enabling organizations to gather and structure complicated, distributed, and diverse sets of information in a completely new manner, Spend Radar sets a new standard for data management. Spend Radar customers achieve greater savings faster.

For further information, contact:

Joy McCaffrey

Chicago, IL 60606

+1 (312)-262-9820


About Red Herring

Red Herring is a global media company uniting the world’s best high technology innovators, venture investors, and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters, and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. For more information visit http://www.redherring.com


For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2011/6/prweb8589617.htm

Source: prweb

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