Hong Kong, September 12, 2012-Red Herring selected DreamOrbit for its Top 100 award in recognition of the leading private companies from Asia, celebrating these startups’ innovations and technologies across their respective industries.
Abhishek Porwal, President & CTO, commented on the win, “We are one of the first and few to provide Big Data Analytics using Cloud, for the Logistics and Supply Chain Industry. This award reaffirms we’re on the right path”.
Red Herring’s Top 100 Asia list has become a mark of distinction for identifying promising new 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 Asia to the Top 100 Winners. We believe DreamOrbit embodies the vision, drive and innovation that define a successful entrepreneurial venture. DreamOrbit 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 review of the track record and standing of startups relative to their 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 Asia.
“This award belongs to our clients, who’ve put in their technology strategy, and, more importantly, their faith, in us. We thank God who does it all for us”, Sanchit Jain, CEO.