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Award Given to the Top 100 Private Technology Companies Based in the EMEA Region
Tel Aviv, Israel – April 1, 2009 – ActionBase, a pioneer in Human Process Management Solutions(HPMS), today announced it was named a finalist of the Red Herring 100 Europe 2009, an award given to the top 100 private technology companies based in the EMEA (Europe, Middle East and Africa) region each year. ActionBase is experiencing worldwide growth and recognition for its work within HPM, and its leadership role in creating greater awareness and solutions for unstructured processes within organizations. A global media company, Red Herring's editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy and dedication to research and development. Red Herring's lists of top private companies are an important part of the publication's tradition of identifying new and innovative technology companies and entrepreneurs. ActionBase provides a structure for organizations to manage processes by defining next steps, responsibilities and timelines for actions where people naturally turn to e-mail and spreadsheets. Designed for the dynamic and flexible flow, ActionBase provides human process management and tracking capabilities that ensure follow up, visibility and compliance, as well as a system of record for unstructured processes. ActionBase's HPMS is used across a wide range of diverse industries such as oil and gas, utilities, process manufacturing and telecommunications. "Our nomination to the Red Herring 100 Europe is a great validation that our work within the HPMS market is resonating. More and more companies are starting to understand how to improve efficiencies, streamline processes and save costs by managing their unstructured business processes," said Eyal Maor, CEO of ActionBase. "This recognition is a testament to our practice of providing process management innovation that enables businesses to operate more effectively while reducing costs in this down economy." ActionBase's CEO Eyal Maor will present on "how to effectively manage human processes and deal with information overload in a down economy" at the Red Herring Europe 2009 Conference on April 1, 2009, at 4:00 p.m., at the Berlin Radisson Hotel in Berlin, Germany. The event will explore how European firms are leading the charge in many technology sectors, gaining a competitive advantage and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike. About ActionBase |