NovaStor Selected as a Red Herring 2012 Top 100 Europe
NovaStor’s backup and cloud innovations convince the Renowned Red Herring Jury.
(PresseBox) (Hamburg, )Red Herring announces its Top 100 award in recognition of the leading private companies from Europe, celebrating innovations and technologies across their respective industries. Data protection specialist NovaStor has been selected for achievements and developments in backup and cloud technology.
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
“Choosing the companies with the strongest potential was by no means a small feat,” said Alex Vieux, publisher and CEO of Red Herring. “After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Europe to the Top 100 Winners. We believe NovaStor embodies the vision, drive and innovation that define a successful entrepreneurial venture. NovaStor should be proud of its accomplishment, as the competition was the strongest it has ever been.”
Red Herring’s editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a careful review of the track record and standing of startups relative to their peers, allowing Red Herring to look past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
Stefan Utzinger, CEO at NovaStor: „NovaStor started out as a technology enabler. Our software products to map individual business models in cloud backup and managed services have convinced the Red Herring jury. Our focus on local and personal support and customer services combined with cutting-edge technology make for NovaStor’s unique profile.”