Motive Systems, the developer of M-Files document management software announced it has been selected as a finalist for Red Herring’s Europe 100 award, a prestigious list that honors the year’s most promising private technology ventures from the European business region.
Motive Systems offers M-Files, an innovative document management solution that is helping businesses in a variety of industries around the globe increase efficiency and productivity by organizing and managing important business documents and information. Document management technology has traditionally been complex and expensive, accessible only to large enterprises with extensive IT resources. M-Files changes that by focusing on ease of use without trading off features, making professional document management capabilities accessible to any company or organization.
The finalists for the 2010 edition of the Red Herring 100 Europe were the most innovative companies selected by the Red Herring editorial team from a pool of hundreds from across Europe. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technology innovation, quality of management, execution of strategy, and integration into their respective industries. During the several months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, and cleantech industries sent in their submissions to qualify for the award.