The Top 100 is a prestigious list honoring the year’s most promising private technology ventures. It represents “the most exciting and promising start-ups and scale-ups” from among a pool of hundreds of candidates across North America, according to Red Herring.
Red Herring selects the Top 100 finalists for technological innovation, management strength, market size, investor record, customer acquisition and financial health. Centric—provider of product lifecycle management (PLM) software for retail, apparel, footwear, luxury and consumer goods companies—achieved a spot in the list’s Internet/Online sector, which includes business-to-business companies.
"The finalists’ list confirms the excellent choices made by entrepreneurs and venture capitalists, and the start-ups' solid roots in corporate America, embracing their innovations,” says Alex Vieux, publisher and CEO of Red Herring. “By all metrics, it emphasizes the United States’ entrepreneurial excellence.”
To earn a spot on the list, Red Herring evaluates companies from a large pool of hundreds of candidates based across North America. Each company completes a thorough submission, complemented by due diligence, and an interview. Twenty major criteria underlie the scoring and process. They include: the candidate company's addressable market size; intellectual property and patents; financing; proof of concept; trailing revenues; and management's expertise.
Red Herring then conducts a review of the company’s actual track record and standing, which it says makes the finalists’ list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.
As a finalist, Centric will present its winning strategies at the Red Herring North America Forum in Monterey, Calif., May 21-23. Red Herring will honor the company at a special awards ceremony on May 23 at the event.
“Red Herring’s recognition of Centric’s innovation and industry leadership in providing PLM systems for retail, fashion and consumer goods companies is gratifying for our entire team,” says Chris Groves, president and CEO of Centric Software.
"He cites customer acquisition and expansion, industry-first mobile apps, Centric’s Agile DeploymentSM implementation methodology and rapid customer return on investment as hallmarks of the company’s achievements. “It is an honor to earn a place as a finalist on the Top 100 list from Red Herring.”
Centric Software, Inc.
Centric Software is a leading provider of product lifecycle management (PLM) software for retail, apparel, footwear, luxury and consumer goods companies. The Centric 8 PLM suite delivers easy-to-use functionality to manage critical, inseparable business processes, including product development, sourcing, business planning, quality management and collection management. Centric 8 is a modularized system that implements and delivers value rapidly using an Agile DeploymentSM methodology.
Apparel/Garments | On 16th Dec 2018
Lululemon Athletica Inc, a healthy lifestyle inspired athletic...
Apparel/Garments | On 16th Dec 2018
Rakuten and Walmart have joined hands to start the first Walmart...
Defining MSMEs on the basis of turnover makes it simpler to do business
Textile & apparel industry
GST is a complicated and lengthy process
Md Hanifur Rahman
The level of understanding the job role and organisational requirements...
Fynd is the central online shopping destination for fashion, offering...
Surat-based Sunrise Imports & Exports Co is a manufacturer and...
J Korin started as a partnership firm with four powerlooms in the textiles ...
Glen Raven Inc
Paige Mullis discusses the expansion plans of Glen Raven Inc in India, and ...
EDANA, the international association serving the nonwovens and related...
Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...
<div>Delhi-based Gritstones Clothing offers quality and exemplary style...
Threads & Shirts
Threads & Shirts is a freshly-tailored concept providing men/women a...
Rupa Sood and Sharan Apparao
Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...