Netuitive Selected as Finalist for 2008 Red Herring Award
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RESTON, VA, Apr 10 (MARKET WIRE) --
Netuitive, Inc., the leading provider of self-learning performance management
software, today
announced that the company has been named a finalist for the Red Herring 100
Award, a selection of the 100 most innovative private technology companies based
in North America.
Over the last year Netuitive has experienced over 100 percent revenue
growth,
closed million dollar deals with industry leaders in the financial services,
retail, e-commerce and telecommunications industries, and surpassed its 200th
customer milestone. The company appeals to organizations by replacing human
guesswork with the accuracy of automated mathematics, enabling proactive
end-to-end
management of mission-critical applications residing across physical and virtual
infrastructures.
"This award further validates what our 200 customers are already seeing,"
said
Nicola Sanna, CEO at Netuitive. "Always-on business applications and
virtualization are pushing conventional IT tools beyond their limits.
Self-learning technology represents an entirely new paradigm. We're excited to
be leading the charge."
The Red Herring editorial board diligently surveyed the entrepreneurial
scene throughout
the North American region and identified the top 200 out of more than 800
closely evaluated companies that are leading the next wave of innovation.
"We can see the exciting evolution of the technology sector reflected in the
quality and variety of exceptional companies that we had to choose from in
putting our list together," said Joel Dreyfuss, editor-in-chief of Red
Herring. "It was tough to choose just 200 finalists from such a large list of
excellent contenders, and we are very happy with the quality of the companies
we selected as finalists."
The 100 winning companies will be announced at the Red Herring North America
event. The CEOs of the winning startups will present their innovative ideas and
technologies to an audience of leading entrepreneurs, financiers, and corporate
strategists at the event in San Jose, California, on May 12-14 at the Fairmont.
Register online at: http://herringevents.com/northamerica08/index.html
About Red Herring
Red Herring is a global media company which unites the world's best high
technology innovators, venture investors and business decision makers in a
variety of forums: a leading innovation magazine, an online daily technology
news service, technology newsletters and major events for technology leaders
around the globe. Red Herring provides an insider's access to the global
innovation economy, featuring unparalleled insights on the emerging
technologies driving the economy. More information about Red Herring is
available on the Internet at www.redherring.com.
About Netuitive, Inc.
Netuitive is the leading provider of self-learning performance management
software.
Based on nine patented technologies resulting from 20 years of academic and
commercial research and development, Netuitive products replace human guesswork
with automated mathematics and analysis to improve performance of systems,
business services and virtual infrastructures. Hundreds of customers such as
Kroger,
BlueCross BlueShield, MetLife, Wachovia and the U.S. Air Force have discovered
that Netuitive software leverages existing monitoring systems and delivers
return
on investment in as little as two months. Netuitive has received many
industry accolades, including as a "Best of VMworld" winner, Pink Elephant
"Innovation of the Year," and Red Herring 100 Finalist. For more information,
please visit www.netuitive.com.
Netuitive Contact:
Julie Tangen
Kulesa PR for Netuitive, Inc.
831-454-8523
Email Contact
Red Herring Contact:
Anam Alpenia
Red Herring, Inc.
650-428-2900
Email Contact
Copyright 2008, Market Wire, All rights reserved.
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