June 25, 2010 – Dayforce, the workforce management company widely recognized as an innovation and usability leader, announced today it has been selected as a winner of Red Herring’s North America 100 award, a prestigious list honoring the year’s most promising private technology ventures in North America.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across North America. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries.
“Dayforce and its clients continue to enjoy tremendous success and traction,” said David Ossip, Dayforce’s CEO. “We are honored to have received this recognition, and look forward to continuing to change the workforce management industry.”
Unique Assessment of Potential
Winners of the 2010 edition of the Red Herring 100 North America award were selected based upon their technological innovation, management strength, market size, investor record, customer acquisition, and financial health. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, and clean tech industries sent in their submissions to qualify for the award.
This unique assessment of potential is complemented by a review of the actual track record and standing of a company, which allows Red Herring to see past the “buzz” and make the list an invaluable instrument for discovering and advocating the greatest business opportunities in the industry.
“This year was especially difficult,” said Alex Vieux, publisher and CEO of Red Herring. “Despite the global economic situation, there were many great companies producing really innovative and amazing products that we had a difficult time narrowing the pool.”
The Finalists were invited to present their winning strategies at the Red Herring North America Conference in San Diego, June 22-24, 2010. The Top 100 winners were announced at a special awards ceremony on June 24 at the event.
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