Compass Datacenters Wins 2014 Red Herring 100 Global Award
The awards recognize most promising privately-held tech companies in the world.
Compass Datacenters has been named one of the most exciting emerging companies in the world by Red Herring through its Top 100 Global awards. 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.
"This is a tremendous honor for Compass Datacenters not only because it recognizes the innovations that Compass is making in the data center market but also because it recognizes data centers for the critical role these facilities play in enabling today's technology-driven economy. Data centers are the building blocks for the modern economy, and Compass is driving the next wave of innovation and growth in the data center industry," said Chris Crosby, CEO of Compass Datacenters. "The fastest-growing segment of the data center industry is dedicated data center facilities that meet the technical needs and business needs of corporations and service providers in geographies outside of the traditional data center markets, and Compass is leading the way in meeting that rapidly growing need. Thank you to Red Herring for recognizing our work."
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 records 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.
"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 the globe to the Top 100 Winners. We believe Compass Datacenters embodies the vision, drive and innovation that define a successful entrepreneurial venture."