Ottawa, Ontario (PRWEB) May 21, 2014
Solace Systems has been named to the 2014 Red Herring Top 100 North America, which recognizes the 100 best private companies in North America every year. Red Herring’s editorial team analyzed hundreds of companies and selected those best positioned to succeed based on criteria including financial performance, technological innovation, intellectual property, management quality, business model, customer footprint and market penetration. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo!, Skype, Salesforce.com, YouTube, Marin Software, Palo Alto Networks and eBay would change the way we live and work.
Solace was recognized for its innovative application message routers which accelerate the flow of information between all kinds of desktop, enterprise and mobile applications in support of legacy business processes as well as big data, cloud computing and Internet of Things initiatives. Solace technology has been widely deployed around the world by leaders in diverse industries including financial services, telecommunications, government, internet services, energy, manufacturing, retail and transportation.
“Today's applications are generating an unprecedented volume of information that needs to be in more places, more quickly than ever before,” said Solace CEO Craig Betts. “Our technology enables the next generation of IT by helping companies cost-effectively move mission-critical data between all kinds of enterprise applications, analytics engines and customer-facing services.”
Red Herring’s assessment of potential is complemented by a review of the track record and standing of startups relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable way to discover the most promising new business models in North America.
“In today's world, corporations must perfect the art of moving data between their complex and highly interactive systems,” said Alex Vieux, publisher and CEO of Red Herring. “A Canadian company, Solace Systems, has earned the privilege of solving this problem for the most demanding clients and brand names in the world using their innovative and unique technology. This led us to select Solace among the Red Herring Top 100.”
About Solace Systems
Solace Systems makes unique networking hardware that lets companies distribute real-time data between enterprise applications with higher performance, greater reliability and at lower cost than alternatives. Solace has been successfully deployed by customers in financial services, government, internet services, telecom, manufacturing, energy, retail, transportation and logistics.