PRINCETON, N.J., January 20, 2010 - Zycus, a global leader in Spend Management solutions received the “Red Herring Global Top 100” award on Friday, January 14th, 2010. This award category represents leading private companies across the globe, recognizing innovative technologies across their respective industries.
Red Herring’s Global Top 100 is a mark of distinction for identifying innovative companies and entrepreneurs. With past winners such as Google, Yahoo, Skype, Netscape, Salesforce.com, YouTube, and eBay; this is the 2nd consecutive year Red Herring has recognized Zycus as a company that will positively influence the future of Spend Management solutions with its intuitive SaaS based easy-to-use solutions.
“Choosing the best out of the previous three years was by no means a small feat,” said Alex Vieux, Publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. The top 100 companies who were chosen should be extremely proud, the competition was difficult.”
“We are very pleased to accept the Red Herring Global 100 award. At Zycus, we have always strived to achieve excellence at everything we do and we’re moving forward with the same goal and enthusiasm. Zycus will continue to innovate and build integrated easy-to-use Spend Management solutions that are a preferred choice for organizations worldwide.” says Aatish Dedhia, CEO, Zycus.
The Red Herring editorial staff evaluates companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment is complemented by a review of historical performance and market competitiveness relative to their sector peers, allowing Red Herring to see past the “buzz” and ensure the review process is an invaluable instrument of discovery and advocacy for the greatest business opportunities from around the world.
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.
More information about Red Herring is available on the Internet at www.redherring.com.
About Zycus
Zycus continues to deliver on its heritage of providing best-in-class spend management solutions that are world renowned for delivering an accelerated return on investment through superior user adoption to create Maximized Savings. Zycus’ solutions are built from the ground up combining cutting-edge technology and domain expertise, enabling higher performance and sustainable value to organizations worldwide. Zycus provides global spend management solutions to more than 170 leading Fortune 1000 customers that consider spend management software, processes and technology strategic to their competitive advantage. Zycus Spend Management solutions automate and streamline the processes of spend analysis, strategic sourcing and contract management.
With more than 170 global proven implementations, Zycus' solutions have emerged as the global favorite. Zycus has more than 250 employees across North America, Europe and Asia-Pacific. To learn more about Zycus, e-mail information@zycus.com or visit www.zycus.com.
Press Contacts
Holly Glennon
Global Marketing, Zycus Inc.
Holly.glennon@zycus.com
Direct: 770-837-2591
|
Back
