Ottawa, Canada (PRWEB) May 20, 2014
Today, 360pi is pleased to announce it has received the 2014 Red Herring Top 100 North America Award, a prestigious designation honoring the year’s most promising private technology companies in North America.
Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1995. Winners were evaluated individually from a large pool of hundreds of candidates based across North America. The scoring and process was comprised of twenty major criteria including: the candidate company's addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management's expertise, among others. Each company individually interviewed with the editorial team after filling out a thorough submission, complemented by a due diligence. The list of winners features the best performing and most prominent companies of that year.
This unique assessment was complemented by a review of the company’s actual track record and standing, which allowed 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.
“In 2014, selecting the top 100 achievers was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “In fact, we had the toughest time in years because so many entrepreneurs had crossed significant milestones so early. But after much thought, rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across North America to the top 100 winners. We believe 360pi embodies the vision, drive and innovation that define a successful entrepreneurial venture. 360pi should be proud of its accomplishment, as the competition was very strong.”
“Last November we received the esteemed Red Herring Global 100 Award, and we are now very pleased to be able to complement this with the 2014 Top 100 North America designation," said Alexander Rink, 360pi's CEO. "We are extremely pleased to continue to build upon and be recognized for our proven track record of innovation, entrepreneurship, and growth."
360pi derives profitable insights from product and pricing big data to help leading omnichannel retailers, etailers, and manufacturers compete and win in a price transparent world. 360pi's customer base accounts for over $US100 billion in annual retail sales and includes Ace Hardware, Build.com, Overstock.com, and RIS Fusion award-winner Best Buy Canada. 360pi monitors millions of products with unprecedented accuracy to give retailers and manufacturers real-time visibility into the market with full awareness of the competitive pricing landscape to "right price" to their respective customers. Ultimately, 360pi helps customers make smarter pricing decisions to drive increased revenues and margins.