ScienceLogic Named Red Herring Global 100 Award Winner

ScienceLogic, a leading data center and cloud management software vendor, announced today that the company has been ranked one of the world’s top private technology companies on the Red Herring Global 100. The award recognizes leading private companies from North America, Europe, and Asia, and ScienceLogic was selected for its innovation in the IT management industry. This follows ScienceLogic’s selection as the winner of Red Herring's Top 100 Americas Award in May 2012.

“The Red Herring 2012 Top 100 Global Award win solidifies our position as the leading provider of smart IT management software for the enterprise, government and MSP industries,” said David Link, Chairman, ScienceLogic. “The global markets are a huge part of ScienceLogic’s growth in 2013.  In the past year the percentage of our international business has grown from 2% to 18% of our sales.   Our global expansion is a credit to our team who works tirelessly to continue to produce innovative software solutions whose value is clearly recognized by the international marketplace and the industry. Our placement on this prestigious list is great validation that we’re delivering on our promise to provide the best IT management solutions for our customers, and that our global go-to-market execution is on track.”

Red Herring’s Top 100 Global 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 the globe to the Top 100 Winners. We believe ScienceLogic embodies the vision, drive and innovation that defines a successful entrepreneurial venture. ScienceLogic 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 from around the world.