We are proud to announce that Intland Software has been selected as a finalist for Red Herring's Top 100 Europe award. The prestigious award, founded in 1996, highlights the fastest-growing private companies in the region. Therefore, technology industry executives, investors, and strategists highly value the Top 100 list as a means to discover the most promising ventures in the European region.
Our Application Lifecycle Management codeBeamer ALM is successfully used by a growing number of large global companies in safety-critical sectors (such as automotive, medical device, avionics development) as well as in other industries. Thanks to its rapidly expanding group of satisfied users, Intland Software's market impact has grown significantly in 2015, and codeBeamer ALM is recognized by Ovum as a market leading ALM platform.
Red Herring Top 100 evaluation
Each year, the Red Herring team selects hundreds of innovative companies from across Europe, all of which are reviewed in a rigorous 3-step process that aims to evaluate all aspects of these companies. Technological innovation, management strength, market size, investor record, customer acquisition, and financial health are all aspects taken into consideration.
This year, Red Herring reviewed over 1200 companies in the telecommunications, security, cloud, software, hardware, biotech, mobile and other industries, and has selected companies to make it to the Top 100 list based on their disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into the industry. Companies with the highest scores and expected impact on the industry are awarded a Finalist position on the Top 100 list, and are invited to present their winning strategies at the Red Herring Europe Forum in Amsterdam.
"2015 has been a year of significant growth for Intland, with our revenue increasing around 80%. Following our success in Ovum's analyst report last month, which recognized codeBeamer ALM as a market leader in Application Lifecycle Management, Red Herring's nomination further reinforces our customers' confidence in us." said Janos Koppany, CEO of Intland Software. "Innovation to help our customers create quality software products has been, and will continue to be the driving force behind our growth and success."