Boulder, CO (PRWEB) May 06, 2014
Scaled Agile, Inc., the international certifying organization for practitioners of the Scaled Agile Framework® (SAFe™), today announced it has been selected as a finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year’s most promising private technology ventures from the North American business region.
Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1995. Finalists are still evaluated individually from a large pool of hundreds of candidates based across North America. Twenty major criteria underlie the scoring and process. They include, among others: the candidate company's addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management's expertise. Each company goes through an individual interview after filling out a thorough submission, complemented by a due diligence. The list of finalists often includes the best performing and prominent companies of that year.
This unique assessment of potential is complemented by a review of the company’s actual track record and standing, which allows Red Herring to see past the “buzz” and make the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
2014 will be remembered as a special vintage. "The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups' solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States’ entrepreneurial excellence," said Alex Vieux, publisher and CEO of Red Herring.
“We are honored to be selected as a finalist,” said Drew Jemilo, co-founder and CEO of Scaled Agile, Inc. “This is a major milestone for our team, our partners, and for the Scaled Agile Framework®, which is fast becoming the world’s most comprehensive model for adopting Agile across an enterprise. This recognition further validates what we already know, which is that agility at scale and the power of the Scaled Agile Framework® (SAFe™) can successfully transform software organizations to achieve better outcomes. In other words, we can help the other 99 in the Top 100 list develop software better, faster, and with less errors by happy developers.”
Finalist selections for the 2014 edition of the Red Herring 100 North America award are based upon technological innovation, management strength, market size, investor record, customer acquisition and financial health. During the several months leading up to the announcement, hundreds of companies in the fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.
Finalists are asked to present their winning strategies at the Red Herring North America Forum in Monterey, Calif., May 14 to 16, 2014. The Top 100 winners will be announced at a special awards ceremony the evening of May 16 at the event.
About Scaled Agile
Based in Boulder, Colorado, USA, privately held Scaled Agile's mission is to help software-dependent companies achieve better outcomes, increase employee engagement, and improve business economics through adoption of Lean|Agile principles and practices based on the Scaled Agile Framework. To learn more, visit http://www.scaledagile.com.