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Australian company Spondo wins Red Herring Top 100 Asia award
AN AUSTRALIAN streaming video monetisation platform, Spondo, has won a rare 2013 Red Herring Top 100 Asia Award.
Publisher Red Herring's Top 100 Asia list has become a mark of distinction for identifying promising new companies and entrepreneurs. In fact, Red Herring editors were among the first to recognise that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
Spondo is a world-leading proprietary content syndication and revenue distribution software platform. Recognised on the list of the year's most promising private technology ventures from the Asian business region, Spondo was the only company from Australia to receive an award.
"We are honoured to join the accomplished roster of those who have been honoured by Red Herring," Spondo CEO Chris Adams said.
"The fact that we were the only Australian company to be named to this list says a lot about the unique quality of work we are currently doing at Spondo. We look forward to continuing the kind of innovation that helped us receive such a pre-eminent technology accolade."
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 start-ups relative to their peers, allowing Red Herring to see past what it calls ‘the buzz' and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Asia.
"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 Spondo embodies the vision, drive and innovation that define a successful entrepreneurial venture. Spondo should be proud of its accomplishment, as the competition was the strongest it has ever been."
Red Herring is a global media company aiming to unite the world's best high technology innovators, venture investors and business decision makers in a variety of forums, including print, online and exclusive events worldwide. Red Herring provides an insider's access to the global innovation economy, identifying new and innovative technology companies and entrepreneurs.
The Red Herring 100 awards for North America, Europe, Asia and Global have recognised more than 5,000 companies in their early stages, including Baidu, Google, eBay and Skype.
Spondo's proprietary content syndication and revenue distribution software empowers publishers to monetize their content on any website, tablet PC or Smart device/TV via streaming Pay-Per-View, VOD and more.
Based in Melbourne, Spondo seeks to connect content owners with affiliates and their communities through an innovative business model of revenue sharing, turnkey technology solutions and marketing tools that make it easy to make money from content worldwide.
Spondo is owned by holding company RivusTV Limited.
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