SOURCE: Spigit

Spigit

March 29, 2011 08:02 ET

Spigit Named Finalist for the 2011 Hot Companies and Best Products Awards by Network Products Guide

Winners Will Be Honored in Las Vegas on May 10, 2011

PLEASANTON, CA--(Marketwire - March 29, 2011) - Spigit announced today that Network Products Guide, industry's leading technology research and advisory guide, has named the innovation management leader as a finalist for the 6th Annual 2011 Hot Companies and Best Products Awards for "Executive of the Year" and "Social Media and Entertainment, Networking or Collaboration Solutions." These industry and peer awards from Network Products Guide are the world's premier information technology awards honoring achievements and recognitions in every facet of the IT industry. Winners will be honored in Las Vegas on Tuesday, May 10, 2011 during the 6th annual dinner and presentations.

Spigit secures finalist positions in two categories: "Social Media and Entertainment, Networking or Collaboration Solutions" for the company's S3 product version, and "Executive of the Year," where Founder and CEO, Paul Pluschkell, is recognized for his premier role as the leader in the creation and success of Spigit.

Pluschkell has spearheaded Spigit's efforts in becoming the leading global solutions provider in purpose-built idea management software. Since the company's inception in 2007, Spigit continues to grow its lead in market-share, both in total number of licensed customers and recurring revenue. The company has increased its customer roster by 165% since Q4 2010, and boosted its employee headcount from 29 at the end of Q4 2010 to over 110 to date. The company also expanded outside of the US into EMEA this past January, with the opening of a UK-based office and team led by known innovation and technology thought-leader, Dr. James Gardner.

The innovation management leader is also being recognized for its S3 software solution. This version is based on an entirely new widget-based framework that enhances the flexibility and scalability of Spigit's award-winning platform, allowing it to truly adapt with the needs of a business or organization. A majority of the new features in this platform were sourced by Spigit customers, allowing for deep back-end functionality and analytics integration, while providing a front-end that gives users an intuitive and simple interface.

For a complete list of Spigit's most recent software and products announcements such as SpigitFusion, SpigitEngage for Facebook, and SpigitEngage for SharePoint, please visit the company website.

An annual achievements and recognition awards program with active participation from a broad spectrum of industry voices, the coveted annual Hot Companies and Best Products recognition program encompasses the world's best in organizational performance, products and services, executives and management teams, successful deployments, product management and engineering, support and customer satisfaction, and public relations in every area of information technology.

"Spigit is honored to be recognized as a finalist by Network Products Guide for this esteemed industry and peer award," said Paul Pluschkell, CEO and Founder, Spigit. "Spigit allows global enterprises and agencies to effectively unleash productivity, realize the potential of people, and discover their inspiring power of purpose. Our customers need to be everywhere innovation happens, therefore, we offer our innovation services on our own SaaS platform as well as Microsoft SharePoint, Facebook, and all major mobile platforms."

About Network Products Guide Awards

As industry's leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit www.networkproductsguide.com

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: Overstock.com, AT&T, Southwest Airlines, AAA, and Lloyds TSB. Spigit currently powers innovation projects at numerous Fortune 2000 companies and has been named one of JMP Securities' 2011 "Hot 100" software companies, 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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