iCreate wins the Red Herring 100 Asia Award

iCreate received one more prestigious recognition by winning the Red Herring Asia 100 award, which honors the year’s most promising private technology ventures from Asia.
 
 
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Business Intelligence
Banking
Core Banking
Bi For Banks

Industry:
• Information technology

Location:
Bangalore - Karnataka - India

Nov. 22, 2010 - PRLog -- San Mateo, CA - Red Herring announced its Top 100 Asia Award in recognition of the leading private companies from Asia, celebrating these startups’ innovations and technologies across their respective industries.

Red Herring’s Top 100 Asia 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 Asia to the Top 100 Winners. We believe iCreate embodies the vision, drive and innovation that define a successful entrepreneurial venture. iCreate 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 Asia.

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Founded in 2006, iCreate is a ‘Business Intelligence for Banking’ specialist with niche banking products, solutions and services for effective and profitable utilization of data in Core Banking Systems (CBS). iCreate is headquartered in Bangalore, with offices in South Africa, Cyprus and Kuwait, and prominent banks in Africa, Middle East, APAC and Europe as clients. iCreate has very recently been funded by venture capital investment major - IDG Ventures to augment our growth strategy, including continued product development and enhancement. A pedigree leadership team drives iCreate’s product and business vision.
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