Manthan Systems Receives Recognition at 2011 Red Herring Europe Awards
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24 May 2011
Acknowledgement of Manthan’s place as top innovative and promising technology company in Europe
Manthan Systems has been recognized as one of the top 100 companies at the Red Herring 2011 Europe Awards. The recognition reinforces Manthan’s place among this year’s most promising and innovative private technology companies in Europe.
"The global economic situation has abated and there are many great companies producing really innovative and amazing products," said Alex Vieux, publisher and CEO of Red Herring. "We had a very difficult time this year narrowing the pool and selecting the finalists."
Manthan's selection from across a pool of European Companies is based on a stringent quantitative and qualitative evaluation of several key parameters such as financial performance, technology innovation, quality of management, execution of strategy as well as integration with industry.
Manthan CEO, Mr Atul Jalan says: “For Manthan, the recognition is an endorsement of the value that we continue to bring to our retail customers across the world with superior technology solutions. We are immensely pleased at the validation of our innovative R&D culture, sound management policies and robust financial performance. We at Manthan will strive to better our track record at developing Advanced Analytics and game-changing BI Solutions that are transforming the way retailers use business information for improved decision making."
About Red Herring: Red Herring is a global media company that provides an insider's access to the global innovation economy through its leading innovation magazine and a host of other media platforms and technology events.
For more information visit www.redherring.com
