SysMech Named Top Private Technology Company in Red Herring Awards

  • Posted by Real Wire
  • April 17, 2015 11:00 AM BST

SysMech has joined the winners of the Red Herring 2014 Top 100 Europe, a celebrated recognition that honours private companies in Europe.

The awards, held April 13-15 in Amsterdam, are focused on analysing hundreds of companies and technologies to identify truly disruptive companies and entrepreneurs demonstrating unparalleled growth and innovation. SysMech CEO Rob Green and VP of Sales and Marketing Andy Stubley attended the awards ceremony and accepted the award on behalf of the company.

"Being named a Red Herring Top European company is understandably an honour for us, but one that represents the time and dedication our team has put in to developing our Zen suite," says Green. "The past year has seen explosive growth for SysMech as we partner some of the largest telco and technology companies globally, working with them to build the best platforms to manage the speed, granularity and volume of today's big data challenges."

SysMech joins a prestigious list of past winners who include technology companies such as eBay, Google, Facebook, Twitter, Yahoo, Skype and SysMech partners Tableau and Cisco have also been past winners of Red Herring awards.

Companies are assessed according to both quantitative and qualitative criteria that includes technological innovation, financial performance, strategic initiatives, examples of exceptional management and both new and existing market penetration.

"We'd like to congratulate our fellow winners," says SysMech VP of Sales and Marketing Andy Stubley. "We're delighted to have been selected from such an impressive list of companies, and having received this Red Herring award is a real testament not only to our team, but also to the differentiated offering we're bringing to the market. We've got the only organic, end-to-end product set that has been built from the ground up, and it's been built to meet the big data challenges Tier 1 organisations are presenting us with. It's an honour to be recognised as one of the top 100 private technology companies in Europe, and this recognition couldn't have come at a better time. We're growing fast, and this is only the beginning."

SysMech recently reported a record Q1, with revenues for the first half of the year exceeding the full year for 2014. The company last week also announced the appointment of John McAdam to its advisory board, which was a key appointment dedicated to help increase market penetration and to enter new markets.