ServiceMesh is a Finalist for the 2012 Red Herring 100 Global Award

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Red Herring's Top 100 Global award recognizes most innovative technologies from over 1000 companies and 40 nations

Enterprise-grade cloud management

Globally, enterprises are realizing that in order to gain economic value and be competitive as an organization, they must move cloud strategy to the application level and empower IT departments to be a key contributor and enabler of business

ServiceMesh, provider of the industry’s only enterprise-grade cloud management platform, today announced that it has been selected as a candidate for Red Herring's 2012 Top 100 Global award, a prestigious recognition honoring the year’s most audacious and far reaching private technology companies and entrepreneurs from across the globe.

“This recognition demonstrates the increased sophistication of the enterprise cloud management market,” said Eric Pulier, chief executive officer, ServiceMesh. “Globally, enterprises are realizing that in order to gain economic value and be competitive as an organization, they must move cloud strategy to the application level and empower IT departments to be a key contributor and enabler of business.”

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1000 companies from over 40 nations. These companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.

“Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments,” stated Alex Vieux, Chairman of Red Herring. “2012 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. ServiceMesh has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2012 Top 100 Global Award."

The Finalists are invited to present their winning strategies at the Red Herring Global forum in Los Angeles, November 27-29 2012. The Top 100 winners will be announced at a special awards ceremony on November 29 at the event.

About ServiceMesh
ServiceMesh provides the industry’s only enterprise-grade cloud management platform that enables on-demand, self-service IT operating models for Global 2000 clients. Enterprise customers select the ServiceMesh Agility Platform to automate the deployment and management of enterprise applications and platforms across private, public and hybrid cloud environments. The Agility Platform provides a single, integrated control point for governance, compliance and security across the customer’s cloud applications and environments, empowering the business with fully governed, self-service access to applications, platforms, and services. Some of the world’s largest and most sophisticated companies in financial services, health care and other highly regulated industries rely on ServiceMesh to deliver applications and services at the speed of market change, streamline bureaucratic and inefficient IT operating models and transform IT into a strategic business enabler and competitive advantage.

To learn more, visit http://www.servicemesh.com.

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Tamarie Johnson
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