Taguig, Philippines – September 4, 2015 – AELOGICA announced today it has been short-listed for Red Herring’s Top 100 Asia award, a prestigious list honoring the year’s most promising private technology ventures in Asia. The short-listed companies are asked to present their winning strategies at the Red Herring Asia Forum in Manila, Sept. 14 to 16, 2015 – the final stage of the Top 100 competition. The Top 100 winners will be announced during a special award ceremony the evening of Sept. 16, after the final score is handed out by the judges, thus concluding the three-day event.
The Red Herring editorial team selected the most innovative companies from a pool of hundreds from across the continent. The nominees are evaluated on both quantitative and qualitative criteria, such as financial performance, technological innovation, quality of management, execution of strategy, and integration into their respective industries.
This unique assessment of potential is complemented by a review of company track records and standings, which allows Red Herring to see past the “buzz” and make the list a valuable tool for discovering and advocating for the best business opportunities in the industry. Aelogica is one of only six Philippine companies that were short listed.
“Entrepreneurship in Asia has reached an inflexion point, and as a result, Red Herring Asia 2015 has shifted into a new phase,” said Alex Vieux, publisher and CEO of Red Herring. “A second generation of entrepreneurs with CEO backgrounds is emerging and their execution skills and global ambitions lead to restless growth and amazing journeys. As importantly, we are seeing more companies from countries once absent from innovation circles. Aelogica shows great promise and therefore deserves to be among the short-listed companies. Now we’re faced with the difficult task of selecting the Top 100 winners of Red Herring Asia. We know that the 2015 crop will reward us for long and continued efforts in scouting disruptive companies in Asia. The wealth of talent and achievements displayed by Red Herring Asia finalists is an excellent predictor for the new wave of revolutionary technology.”
ÆLOGICA grew out of the consulting practice started by Steven Talcott Smith in Florida when he began focusing on Ruby on Rails for clients in 2007. In 2010, he reincorporated under the name ÆLOGICA because it evokes both logic and beauty — a balanced union of ideals. Pragmatic pursuit of these ideals in software development results in solutions that both functional and elegant while serving the customers’ and users’ interests. ÆLOGICA aims to support affiliated companies through superior and globally competitive high-quality software development services.