Washington, D.C. (PRWEB) May 30, 2014
Applied Predictive Technologies (APT) today announced that it has been selected as a Red Herring Top 100 award winner. The award recognizes leading private companies in North America for their innovations and technologies. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, and Google would change the way we live and work.
The Red Herring award is one of several received by APT this year. In May, the company was named the 2014 #1 Best Place to Work by the Washington Business Journal and one of the 2014 Virginia Chamber of Commerce’s Fantastic 50.
APT is the world’s largest purely cloud-based predictive analytics software company. APT’s software is revolutionizing the way innovative organizations leverage their Big Data to accurately measure the profit impact of pricing, marketing, merchandising, operations, and capital initiatives, tailoring investments in these areas to maximize ROI. Data for 20% of the U.S. retail economy is processed using APT’s growing suite of products, including Test & Learn™, Market Basket Analyzer, Category Insights, Merchandise Optimization, and the APT Index, among others. APT’s customer portfolio includes Walmart, Starbucks, Procter & Gamble, Boots, Hilton Hotels, T-Mobile, and over 100 other global leaders.
“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 APT embodies the vision, drive and innovation that define a successful entrepreneurial venture. APT should be proud of its accomplishment, as the competition was very strong.”
APT CEO Anthony Bruce said, "We are pleased to have received this award. We focus on attracting world-class talent, building analytical software products that enable organizations to accomplish their key objectives, and making an impact on our communities. We have had the opportunity to contribute to the success of some of the largest companies across the globe. And, at the same time, use our expertise to help local organizations use analytics to improve their social programs. The Red Herring award is a testament to the wide ranging impact the APT team is able to generate.”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation and intellectual property, management quality, business model, customer footprint, and market penetration. This assessment of potential is complemented by a review of the track record and standing of companies relative to their sector peers, allowing Red Herring to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in North America.
For more information about APT, visit: http://www.predictivetechnologies.com.
APT is the world’s largest purely cloud-based predictive analytics software company. APT’s Test & Learn software is revolutionizing the way Global 2000 companies harness their Big Data to accurately measure the profit impact of advertising, marketing, pricing, merchandising, operations, and capital initiatives, tailoring investments in these areas to maximize ROI. APT’s customer portfolio includes Walmart, Staples, Lowe’s, SunTrust, Hilton Hotels, Anheuser-Busch InBev, Procter & Gamble, McDonald’s, and others. APT has offices in Washington, D.C., San Francisco, London, Tokyo, and Taipei. For more information, please visit http://www.predictivetechnologies.com.