Kerala based startup, Innoz Technologies, the Technopark-based mobile value added services company, has won the prestigious Red Herring Global 100 award for 2010. This honor reaches the 100 most promising technology companies across the globe, which is expected to lead the next wave of disruption and industry innovation, every year. Qualitative and quantitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into the company’s ecosystem, in addition to each company’s global strategy that includes its ability to handle the challenges of internationalization and global presence, are among the several benchmarks considered for this coveted recognition.
Innoz Technologies earlier won the Red Herring 100 Asia award and got qualified amongst the 200 companies across the globe to vie for the Red Herring Global 100 title.
“Choosing the best out of the previous three years was by no means a small feat,” said Alex Vieux, Chairman of Red Herring. “After rigorous contemplation and discussion, we narrowed down our list from 1,200 potential companies to 200 finalists. Trying to get it down to 100 companies was a task upon itself. INNOZ TECHNOLOGIES should be extremely proud of its achievement, the competition was difficult. Red Herring’s Global 100 list has become a mark of distinction for identifying promising new companies and entrepreneurs.

Innoz Office, Delhi
Red Herring editors were among the first to recognize that companies such as Google, Skype, Netscape, Salesforce.com, YouTube, eBay and many others would change the way we
live and work. Accepting the award, Deepak Ravindran, CEO, Innoz Technologies said, “It is a great honor to have Red-Herring recognize our product’s path-breaking technology and found it eligible to feature in the world’s 100 most innovative technologies. The award further validates our efforts in redefining the mobile technology space and has given us the confidence to serve millions of mobile users with one demand informations on SMS through our pioneering product SmsGyan.”
“Innoz Technologies was started by a group of engineering students and develop our first product SmsGYAN while at college and we are thankful to our mentors Mr. Kris Gopalakrishnan, CEO, Infosys, TIE success. The award is a testimony of our product’s path-breaking technology as well as its ease of useinternationally.” He added.
Congratulating Innoz Technologies, Technopark CEO – Mervin Alexander said, “Innoz Technologies is the second Technopark-based company to win the Red Herring Global 100 award after SunTec Business Solutions last year. Two Technopark companies have won this award continuously for two years which also reflects on the fact that the park is promoting innovative technologies that is recognized across the globe. We hope to see Innoz Technologies scaling greater heights with their innovative technology and grow to be globally recognized technology provider thus contributing their bit to make Technopark more prominent in the Global map.”
The product SmsGYAN is now accessible to 145 Million users in India across Bharti Airtel. A user can subscribe to the service by sending GYAN to 55444.After subscription a user can receive instant information about any topic for Free. Innoz was among the 16 companies to participate in the finals of the DFJ-CISCO Global Business Plan competition alongside Stanford and Georgia Tech teams. Innoz is rated inside Top 8 Emerging Product Companies in India by NASSCOM and also under Top 10 Mobile application developers in India by IAMAI.

Innoz crew at work
About Red Herring
Red Herring is a global media company, uniting 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 ecosystem, featuring unparalleled insights on the emerging technologies driving the economy. For more information,
visit www.redherring.com


