Tideway Named a Red Herring Top 100 Global Company

NEW YORK and LONDON: January 26, 2009 – Tideway, a World Economic Forum Technology Pioneer 2009, today announced that it has been selected as one of the Red Herring Top 100 Global Companies.

Red Herring Top 100 Global Companies are chosen from winners and finalists of the previous North America, Europe and Asia Red Herring Top 100 Companies. Winning and finalist companies from the previous three years were eligible for this award. Out of 1,800 successful and highly eligible companies, the Red Herring editorial team deployed a detailed process to drill-down the best companies first to 200 finalists, then to the top 100 winners of this global award.

Evaluations were made on both quantitative and qualitative criteria, such as financial performance, innovation, management, global strategy, and ecosystem integration. The announcement of the winners was made at the Red Herring 100 Global event which took place in San Diego from January 14-16, 2009. Present among the finalists were elite executives and venture capital leaders from around the world.

“We were so pleased to announce Tideway as a Red Herring Top 100 Global Company,” commented Red Herring publisher Alex Vieux. “Tideway has proven to be a company excelling in their industry and its ripples have turned into waves. It was difficult for us to narrow down, but we are pleased to have included Tideway in our list of promising companies. We look forward to the changes it makes to its industry in the future.”

Tideway’s flagship offering, Tideway Foundation, automatically discovers and maps complex data center assets and applications. It provides a complete topology of all physical and virtual IT assets, including servers, software, applications and switches, as well as multiple types of inter-system dependencies and relationships across all technology layers. Foundation also provides companies with a single platform from which to analyze data center and application power consumption statistics and map and track their carbon footprint. Global companies today are using Foundation to identify data center vulnerabilities, eliminate risk and drive down the cost of IT operations.

“Tideway’s selection as a Red Herring Top 100 Global company reflects our proven ability to deliver significant customer value even in these challenging economic times,” said Richard Muirhead, CEO and Founder of Tideway. “Our focus on innovation, quality and customer relationships continues to fuel our growth and help us meet the increasing market demand for data center transformation initiatives.”

Tideway now offers the Tideway Foundation Community Edition, a free, downloadable version of Tideway Foundation. The Community Edition, which includes sample hardware reference and software end-of-life data, is available for download at: http://www.tideway.com/products/foundation/download/

About Red Herring
Red Herring is a global media company, which unites the world’s best high technology innovators, venture investors and business decision makers in a variety of forums: a leading innovation magazine, an online daily technology news service, technology newsletters and major events for technology leaders around the globe. Red Herring provides an insider’s access to the global innovation economy, featuring unparalleled insights on the emerging technologies driving the economy. More information about Red Herring is available on the Internet at www.redherring.com.

About Tideway Systems
Tideway helps get data center projects done – on time and on budget. Tideway Foundation™ software continuously maps application relationships to physical and virtual infrastructure, including the dependencies between them. This single, automated view of application topology takes the cost and risk out of data center migration, consolidation and virtualization projects, accelerating ROI. Clients include Avis, BT, Carphone Warehouse, Dresdner Kleinwort, Linklaters, Mizuho Bank and Wachovia. For more information or to download the free, Community Edition of Tideway Foundation, visit http://www.tideway.com.

Press Contact:
Audra Tiner
Director, Marketing Communications
Tideway Systems
a.tiner@tideway.com
+1 646 884 9481

Red Herring Contact:
Anam Alpenia
Red Herring, Inc.
Phone: 650-428-2900
Email: aalpenia@redherring.com

Yvonne Caprini
Logistics Manager
Red Herring, Inc.
Phone: 1 650 428 2900 x 410
Email: ycaprini@redherring.com

This release was published on openPR.