TiEcon 2014 Announces Sapience Analytics as a Finalist for its TiE50 Awards Program

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The TiE50 awards program recognizes the 50 hottest tech start-ups.

Sapience Analytics is excited to announce that it has been selected as a Finalist for the prestigious 2014 TiE50 Awards Program. Winners will be announced on May 16th at the organization’s annual entrepreneurial conference, TiEcon. Returning for the sixth year in a row, this year’s TiE50 is open to all technology companies worldwide.

Shirish Deodhar, CEO & co-founder, Sapience Analytics, noted that, “We are delighted to be recognized as a TiE50 Finalist. Sapience is a pioneer and the only global player currently in the space of ‘Automated Enterprise Effort Visibility and Analytics’. It is an innovative and patent-pending software product that delivers over 20% increase in organization productivity, by guiding teams towards more focused effort, and simultaneously helping employees to achieve Work-Life harmony. Sapience has gained significant traction in the enterprise market in India in the past three years, with deployments at Fortune Global 200 companies, billion dollar ISVs, many of India’s Top IT Services firms, and a large number of SMBs in different verticals. This recognition at TiEcon boosts our motivation and confidence, as we work towards making Sapience as the number 1 global company in the area of transforming enterprise efficiency.”

“In the six short years since inception, the TiE 50 program has become a global brand that attracts thousands of companies worldwide for this recognition,” said Venktesh Shukla, president of TiE, Silicon Valley. “It is unique in terms of rigor of selection and the broad scope of companies that it reviews for this award and is one of TiE Silicon Valley’s most successful programs. It is also worth mentioning that this is the only awards recognition in technology to be held by a large global non-profit organization.”

To determine the winner, a panel of experts will screen the companies and create a list of the “2014 TiE50 Top Startups.” This list will then be reviewed further by a screening committee of deep domain experts. About 100 of the best of the breed companies are selected to the elite TiE50 Finalist pool. Finally, this pool of TiE50 Finalists are judged by a panel of highly accomplished team made up of serial entrepreneurs, venture capitalists, angel investors, CEOs and well-rounded technology experts, to determine finalists and winners. Companies will be evaluated on three parameters: Business Model, IP Value and Leadership team.

At TiEcon 2014, 20 of the top startups from each of the five segments will be chosen to pitch their ideas, and winners will be announced on stage that evening.

This year at the event, attendees and TiE50 participants will also have the chance to hear from three previous TiE50 winners who have made successful exits recently: FireEye, Pearl Therapeutics and Rubicon Project.

“This year the TiE50 Awards Program screened more than 2800 companies from 27 countries. The finalist pool is represented by early through late stage companies. A star attraction of the conference is TiE50 Finalist presentations. Audiences are treated to great ideas and amazing technologies” said Ram K. Reddy, the program chair.

The TiE50 track record since its inception in May 2009 shows that 94% of the winners and finalists have been funded, attracting Billions in investments. Many of these companies have been acquired, merged or gone public.

For further details on the TiE50, visit http://www.tie50.org.

About TiEcon:
TiEcon is the world’s largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. TiEcon 2012 attracted 3,000+ attendees from across the world – including CEOs of established companies to first-time entrepreneurs creating new companies, to leading investment professionals and corporate executives. TiEcon was listed by Worth Magazine in their September 2011 issue to be among the 10 Best Conferences for Ideas and Entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit http://www.tiecon.org/.

About TiE:
TiE is a global not-for-profit organization fostering entrepreneurship through mentoring, education, and networking. We consider entrepreneurship to be the single most powerful instrument to advance global prosperity. Our greatest strength is our network of over 60 chapters in 17 countries with a worldwide membership exceeding 14,000 that includes successful entrepreneurs, venture capitalists, corporate executives, and aspiring entrepreneurs. For more information on TiE, visit http://www.tie.org.

About Sapience Analytics (http://www.sapience.net)
Sapience, founded in 2009, is a pioneer and the only global player in the space of ‘Automated Enterprise Effort Visibility and Analytics’ that results in 20+% gains in organization productivity. Sapience is one of the truly unique enterprise product solutions originating from India. The innovation has scaled rapidly across 85,000+ users in 60+ installations, including at Fortune Global 200 enterprises, billion dollar global ISVs, India’s Top IT firms, and large and medium companies across different verticals. Sapience has been recognized as one of the most innovative and fast-growing Enterprise Software products by Dun & Bradstreet (Best Emerging Product - 2013), TiE50 (2014 Bay area Top 50 Finalist), NASSCOM (India’s Top 10 Products – 2013), iSPIRT (Innovative Tech 50, and Most Popular Product Company - 2014), IDG Channel World (50 Hot Global Companies - 2013), Red Herring (Asia Top 100 technology start-up - 2011), and Economic Times (Top 14 Companies to look out for in 2014).

Media Contact:
Avani Nagwann - avani(at)sapience(dot)net
Marketing Manager - Sapience Analytics Pvt. Ltd.


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Raghu Gopal
Global Industry Analysts Inc
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