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Vigyanlabs wins Red Herring Asia 100 Awards 2013
Hong Kong - Red Herring announced its Top 100 award in recognition of the leading technology companies from Asia, celebrating these startups’ innovations and technologies across their respective industries. Vigyanlabs emerged as the winner in the Clean Technology category. Earlier this year, Vigyanlabs had won the coveted NASSCOM Technology Innovation of the Year Award for its IPMPlus - Intelligent Power Management software platform.
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 Vigyanlabs embodies the vision, drive and innovation that define a successful entrepreneurial venture. Vigyanlabs should be proud of its accomplishment, as the competition was the strongest it has ever been.”
Thanking Red Herring for its recognition, Srinivas Varadarajan, Founder - CEO of Vigyanlabs (http://www.vigyanlabs.com) said, "We were able to differentiate ourselves among the competition with our strong IP in the area of Green Computing and the sustainability impact we are delivering to some of our Fortune 500 customers. The jury was impressed by our leadership depth, strong Intellectual Property and the simplicity of our business model. The strong Sustainability Impact we deliver through IPMPlus in terms of Energy Savings and contributing to a greener planet won the day for us."
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 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.