LOS ANGELES, Dec. 13, 2017 /CNW/ -- Motionloft has been awarded Red Herring Global 2017. Recognized among the continent's most exciting and innovative companies, Motionloft is changing the way companies and organizations see the world. By delivering pedestrian and vehicle counts via real-time reporting, Motionloft brings the concept of digital analytics to real world situations helping shopping malls track capture rates, cities develop smarter traffic plans and retailers optimize merchandising decisions.
Lead by chairman Alex Vieux, Red Herring's experts have been evaluating the world's startups and tech companies for over two decades. Past winners include Alibaba, Google, Kakao, Skype, Spotify, Twitter, and YouTube.
Winners are chosen from thousands of entrants and are judged by industry experts, insiders, and journalists. Furthermore, the competition takes into consideration a wide range of criteria, such as financial performance, innovation, business strategy, and market penetration. The competitive scope and scrutiny of the event are the reason Red Herring's Top 100 is famous for seeing through industry hype and picking firms likely to continue on a trajectory toward success.
"Motionloft has broken many conventional rules and is providing invaluable data to its users," says Vieux. "The company is run by seasoned management and is building a substantive market footprint. Hence, it was one of those easier choices. Picking Motionloft and its team as a Red Herring North America 2017 Top 100 is a justified recognition for superior performance."
Motionloft's Top 100 win is just the beginning. The San Francisco based team is dedicated to leverage their real world analytics to making highly-populated areas — from cities to theme-parks to grocery stores — smarter, safer, and more efficient.