Berlin (PRWEB) April 10, 2009
Red Herring today announced that Zimory GmbH was named a winner of the Red Herring 100 Europe, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year.
"We are pleased to accept this prestigious award from Red Herring," said Behrend Freese, CEO, Zimory GmbH. "Zimory's Cloud Technology continues to get in the pole position for Enterprise Class Cloud Computing."
"During a difficult year, Red Herring still received an impressive list of submissions from companies across the EMEA region, clearly demonstrating Europe's role as a major center of innovation in the global technology sector," said Red Herring Managing Director, Farley Duvall. "The exceptional accomplishments of European technology startups and entrepreneurs are a testament to the rapid advancements being made in building the European innovation ecosystem."
Zimory's Enterprise Cloud combines existing different virtual servers (currently Xen and VMware) into a homogeneous computing cloud - enabling data center managers to move applications quickly within a single or multiple locations.
Launched in January, Zimory Public Cloud aggregates available server computing capacity from around the world and makes it available through an Internet platform. Using Zimory Public Cloud, companies looking for computing resources can buy capacity quickly -- as needed -- without long-term contractual commitment. Zimory handles pricing, contracts, security, virtual machine migration and billing.
Red Herring's lists of top private companies are an important part of the publication's tradition of identifying new and innovative technology companies and entrepreneurs. Companies like Google, eBay, and Skype were spotted in their early days by Red Herring editors, and touted as leaders that would change the way we live and work.
Red Herring's editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.
Red Herring has honored the Red Herring 100 Europe Finalist companies at its Red Herring Europe 2009 Conference, which was held March 31- April 2, at the Berlin Radisson Hotel. This intimate, 2 1/2 day event will explore how European firms are leading the charge in many technology sectors, gaining a competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.
A spin-off of Deutsche Telekom Laboratories, Zimory enables dynamic, on-demand movement of applications automatically between servers in one or many locations, as well as creating the world's first marketplace for computing capacity. Based in Berlin, the company develops a dynamic infrastructure solution for data centers to create a modern Adaptive Cloud Infrastructure -improving flexibility and reducing operating costs.
About Red Herring
Red Herring is a global media company which unites 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. More information about Red Herring is available on the Internet at http://www.redherring.com.