Paris, France, 10 June 2010 - Enterprise Screening and Data Management specialists, Datanomic, today announced that it has been selected for a Red Herring Top 100 Award, which recognizes leading early-stage private companies in Europe, celebrating their innovation and technology across their respective industries.
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. 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 Europe to the Top 100 Winners. We believe Datanomic embodies the vision, drive and innovation that define a successful entrepreneurial venture. Datanomic should be proud of its accomplishment, as the competition was very strong.”
Bucking the global recession, Datanomic achieved triple digit year-on-year growth for the fourth consecutive year, and saw a 25 percent increase in new customers, which included a global contract with Barclays Plc, the largest single deal in Datanomic’s history. Earlier this year, the company established the US incorporation of Datanomic Inc., with offices in New York City, New York, as well as the opening of its first Asia Pacific office in Singapore, with satellite offices in Thailand, Australia, Malaysia and Hong Kong. The ongoing expansion is part of the company’s aggressive strategic growth plans, and further cements Datanomic’s reputation as a leading provider of collaborative data management and compliance screening solutions for the global enterprise.
Dr Jonathan Pell, CEO of Datanomic added, “We are delighted to be selected and recognized by Red Herring for our continued growth and commercial achievements. These awards highlight our customers’ requirements for effective and accurate enterprise-wide data management and screening solutions, and reflect the innovation and commitment of our R&D, marketing and sales teams.”
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 Europe.
Datanomic’s flagship enterprise Compliance Screening and Data Management software, dn:Director, helps organizations to improve compliance performance, better manage business risk, save money, streamline business processes and seize more opportunities, by identifying and eradicating problems in customer, financial and product data. Headquartered in Cambridge, UK, with offices in New York, USA, and Singapore, Datanomic was founded in 2001 and is backed by DN Capital. www.datanomic.com
For further information, please contact:
Tel: +44 (0) 1223 228418
Devonshire Marketing (PR for Datanomic)
Tel: + 44 (0)870 242 7469
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