SOURCE: Spigit

Spigit

January 11, 2011 08:02 ET

Spigit Makes JMP Securities' 2011 "Hot 100: The Best Privately Held Software Companies"

The Global Leader in Innovation Management Software Is Recognized for Its Significant Financial and Organizational Growth in 2010, and Future Potential

PLEASANTON, CA--(Marketwire - January 11, 2011) - Spigit, the world leader in idea management solutions, today announced its inclusion in JMP Securities' list of "Hot 100: The Best Privately Held Software Companies." The report profiles 100 leading private companies in the software industry identified by the software research team at JMP Securities. Spigit is recognized alongside many industry software leaders, and is the only innovation management solution included in the JMP "Hot 100" list.

The research team at the full-service investment bank has been publishing its "Hot 100" listing for three years to recognize the leading privately held software companies that show exceptional progress and potential within their specific areas. The team looks specifically at revenue growth (and future potential for growth), company growth, quality of leadership, product, and the company concept. Those that truly standout are included in the "Hot 100" directory, a hardcopy booklet available by request from the JMP website.

"We are extremely proud to have been included in JMP's 'Hot 100' list," said Paul Pluschkell, Co-Founder and CEO of Spigit. "The success we experienced last year highlights the global demand for our enterprise-class innovation management solution. Supporting more than 100 new clients in 2010, the Spigit team has worked very hard to become the leader in the innovation solutions space, and we look forward to continuous momentum and growth in 2011."

Spigit has also been recognized for a number of awards such as InformationWeek's Top 50 Startups and Silicon Valley/San Jose Business Journal's "Emerging Technologies" award. For a complete list of Spigit awards and recognitions, please visit their website.

About Spigit
Spigit is the leading provider of collective idea management software, connecting employees, customers and business partners for innovation and insight discovery. Using enterprise-grade social technology, Spigit's software taps into the collective intelligence of an organization and transforms it into actionable, predictive information. By incorporating incentives, idea graduation, idea trading and real-time analytics, Spigit allows companies to harness the social capital within. Our technologies are used by the largest and most innovative companies in the world including: Pfizer, AT&T, Southwest Airlines, Allstate, AAA, and Lloyds TSB. Spigit currently powers innovation projects at numerous Fortune 2000 companies and has been named Best of Software Interop 2008 and is listed on the AlwaysOn Global 250 list, the power list of the top 250 private global technology companies. For more information, visit www.spigit.com.

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