Austin, TEXAS - March 16, 2009 - SiliconIndia (www.siliconindia.com), the premier magazine for business and technology has selected InXero as one of the top 10 Internet companies to watch out for in 2009 in the U.S. The selection recognizes companies that are playing a leading role in innovating in the Internet business.
SiliconIndia tracks over 1,000 companies in the U.S. and selected the ones that have the potential to be the game changer in their segment of technology or business. For this prestigious award, companies were chosen by a distinguished panel composed of accomplished CEO's & CIO's of public companies, VC's, analysts, and founders of other VC funded companies, and the SiliconIndia editorial board. Evaluations were made on both quantitative and qualitative criteria including the technology innovation, uniqueness of service offering, management pedigree, innovation, global strategy, customers and customer retention and, venture funding.
"In the backdrop of current economic conditions, we’re seeing a lot of innovative new companies taking on the established players with disruptive technologies and innovative business plans," said Harvi Sachar, founder and Editor-in-Chief of siliconindia. "The 10 Internet companies we have chosen, among them InXero, are pushing and breaking the boundaries of the technology business and we are excited to report on their success stories. They have a lot of momentum and will rise above the rest."
“Austin has a long tradition of innovation in the enterprise software space and is currently transitioning from legacy technologies to applying web 2.0-like technologies to a new generation of enterprise software innovations.” said Bart Bohn, Director of the Austin Technology Incubator’s Wireless and IT Incubators. “InXero has the potential to help catalyze the emerging enterprise social media industry in Austin and make Austin the global innovation hub in this area by building an ecosystem of existing and new companies to fulfill to this new emerging market.” (www.ati.utexas.edu)
“It’s a great honor to have been selected for this award for our product innovation in Enterprise Social Media and differentiated enterprise 2.0 market offering." said Anand Raj, Founder and CEO of InXero, Inc. “SiliconIndia keeps a good pulse on the high-tech companies that are playing a leading role in innovating in the internet business, and we are very pleased with the recognition.”
The full story is available at: http://www.siliconindia.com/shownews/10_Internet_companies_to_watch_out_for_in_2009-nid-53206.html
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