SOURCE: Mu Sigma

Mu Sigma

May 08, 2013 14:02 ET

Mu Sigma Named Finalist for the 2013 Red Herring Top 100 North America Award

Award Recognizes the Most Promising Private Technology Ventures in North America

CHICAGO, IL--(Marketwired - May 8, 2013) -  Mu Sigma (http://www.mu-sigma.com), one of the world's largest Decision Sciences and analytics firms, announced today that it has been selected as a finalist for Red Herring's Top 100 North America award, a prestigious list honoring the year's most promising private technology ventures from the North American business region. 

With 2500+ Decision Sciences professionals, Mu Sigma provides the broadest array of Big Data analytics and Decision Sciences solutions in the world. Mu Sigma has attracted more than $150M in investment to date from top-tier investment firms including Sequoia and General Atlantic, and is consistently recognized as one of the fastest-growing companies in the US.

Red Herring has been selecting the most exciting and promising start-ups and "scale ups" since 1995. Finalists are still evaluated individually from a large pool of hundreds of candidates based across North America. Twenty major criteria underlie the scoring and process. They include, among others: the candidate company's addressable market size, its IP and patents, its financing, the proof of concept, trailing revenues and management's expertise. Each company goes through an individual interview after filling out a thorough submission, complemented by a due diligence. The list of finalists often includes the best performing and prominent companies of that year.

This unique assessment of potential is complemented by a review of the company's actual track record and standing, which allows Red Herring to see past the "buzz" and makes the list a valuable instrument for discovering and advocating the greatest business opportunities in the industry.

2013 will be remembered as a special vintage. "The finalists list confirms the excellent choices made by entrepreneurs and VCs and the start-ups' solid roots in corporate America, embracing their innovations. By all metrics, it emphasizes the United States' entrepreneurial excellence," said Alex Vieux, publisher and CEO of Red Herring.

"Red Herring has a reputation for its early, accurate insights into industry trends," said Dhiraj Rajaram, CEO of Mu Sigma. "We are very honored to have been selected as a finalist for the Red Herring Top 100. Decision Sciences is a dynamic, exciting space, and Mu Sigma is playing a key role in moving it forward."

Finalist selections for the 2013 edition of the Red Herring 100 North America award are based upon 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 fields of security, Web 2.0, software, hardware, life sciences, cloud, mobile and others completed their submissions to qualify for the award.

Finalists are asked to present their winning strategies at the Red Herring North America Forum in Monterey, Calif., May 21 to 23, 2013. The Top 100 winners will be announced at a special awards ceremony the evening of May 23 at the event. Follow the Red Herring conference at https://twitter.com/digitalherring hashtag #RedHerring100.

About Mu Sigma
Mu Sigma, one of the world's largest Decision Sciences and analytics firms, helps companies institutionalize data-driven decision making and harness Big Data. The company solves high-impact business problems in the areas of Marketing, Risk and Supply Chain across 10 industry verticals. With over 2500 Decision Sciences professionals and more than 75 Fortune 500 clients, Mu Sigma has driven disruptive innovation in the analytics industry with its interdisciplinary approach combining business, math and technology, and its integrated decision support ecosystem comprised of technology platforms, processes, methodologies and people. Visit www.mu-sigma.com.

Mu Sigma is a trademark of Mu Sigma, Inc. in the United States and other countries. All other trademarks contained herein are the property of their respective owners.

Contact Information

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