News

  • EGS follows Google, eBay & Skype into Red Herring Top 100
  • March 2009

  • EGS, the UK eProcurement and eInvoice management specialist, has been named in the Red Herring 100 Europe, the top 100 private technology companies each year in the EMEA marketplace (Europe, Middle East and Africa).

    Red Herring has an excellent track record in spotting some of the world’s most successful and innovative businesses - previously tipping Google, eBay and Skype in their early days.

    In selecting the Red Herring 100 Europe, the global media publisher’s editorial staff rigorously evaluated several hundred private companies through a careful analysis of financial data and subjective criteria, including quality of management, execution of strategy, and dedication to research and development.

    EGS will join the other nominees to the Red Herring 100 Europe at the Red Herring Europe 2009 Conference from March 31- April 2 at the Berlin Radisson Hotel.

    The event will also explore how European firms are leading the charge in many technology sectors, gaining a competitive advantage, and driving entrepreneurial success in ways that create business opportunities for challengers and incumbents alike.

    "This year's impressive list of submissions from companies demonstrates Europe's growing role as a major centre of innovation in the global technology sector," said Red Herring Publisher, Alex Vieux.

    Peter Whent, Chief Executive of EGS, commented: "It's a great honour to be named among the Top 100 companies in Europe by Red Herring. While we have always regarded ourselves as the market leader for spend management in the UK, this third-party endorsement of our leadership is testimony to the standards of professionalism our team set themselves every day. This award should give customers and prospective customers increased confidence that EGS is the best choice for eProcurement and eInvoice management solutions."

    About EGS

    EGS provides solutions to manage and control corporate spending by automating and streamlining the entire purchase-to-pay lifecycle. Our Spend Management solutions give you control, save you money and equip your executive team with the best information to make the right decisions. More than 40,000 users across 150 organisations in the public and commercial sectors employ EGS solutions and save millions of pounds. This year over one million transactions, worth £1 billion of corporate purchasing, will be completed using EGS.

    For media enquiries please contact media@egsgroup.com

    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


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