Sumosor Selected as a Red Herring Top 100 Asia

 

Tech Startup

 

25 Oct 2011, Hong Kong, China - Red Herring announced its Top 100 Asia award in recognition of the leading private companies from Asia, celebrating these startup's innovations and technologies across their respective industries.

Red Herring's Top 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.

"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Asia to the Top 100 Winners. We believe Sumosor embodies the vision, drive and innovation that define a successful entrepreneurial venture. Sumosor should be proud of its accomplishment, as the competition was very strong."

Sumosor IT is an Indonesia leading IT company established in 2008 that specialized in Supply Chain Technology Solutions, the customer included some of the reputable and multi-national companies such as Danone, Aqua, Ace Hardware, APL Logistics etc and some of leading Indonesian national companies included Parit Padang Global, Solaria, Bhanda Graha Reksa (BGR), Kawan Lama Group etc. Sumosor's product portfolio includes Warehouse Management System (WMS), Transport Management System (TMS), RFID, and Supply Chain Planning, The company also provides Supply Chain Consultation.

Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. This assessment of potential is complemented by a review of the track record and standing of startup's relative to their sector peers, allowing Red Herring to see past the "buzz" and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.


Alex Viuex (left side), CEO of Red Herring, awarding winning certificate to Bobby Warouw (right side), CEO Sumosor during the ceremony held in HongKong 19th October 2011.