SANTA MONICA, CA – GPS Insight, a leading GPS fleet tracking solution, announced it has been selected as a 2012 Red Herring Top 100 Global winner. Red Herring announced its Top 100 award in recognition of the leading private companies from North America, Europe, and Asia, celebrating these startups’ innovations and technologies across their respective industries. GPS Insight was also selected as a 2012 Red Herring Top 100 North America Tech Startup winner earlier this year.
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 Global to the Top 100 Winners. We believe GPS Insight embodies the vision, drive and innovation that define a successful entrepreneurial venture. GPS Insight 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.
Rob Donat, Founder & CEO of GPS Insight said, “Again, GPS Insight is thrilled and honored to be a Red Herring 100 winner. After a few days learning about the amazing global companies who were invited to present, winning this prestigious award means so much more to us. Red Herring is a fantastic organization to be associated with, and we appreciate their consideration and interest in GPS Insight as a global tech innovator.”