App Orchid chosen as 2020 Red Herring Top 100 North America Winner

Recognized as one of the most exciting and innovative private technology companies in North America

SAN RAMON, CA, November 20, 2020 /24-7PressRelease/ -- App Orchid today announced it was chosen as a 2020 Red Herring Top 100 North America Winner which recognizes the continent's most exciting and innovative private technology companies.

"We are thrilled to have made the 2020 Red Herring Top 100 list. This is a huge testament to our amazing team that has built transformative AI solutions such as ContractAI on our end-to-end enterprise AI platform," says App Orchid's chief executive officer, Vaibhav Nadgauda. He credits the company's innovative platform's ability to create predictive, powerful AI powered apps for App Orchid's win.

The winners have been chosen from thousands of entrants, whittled down to hundreds presenting their companies at the virtual conference on November 17th and 18th. The event, led by Red Herring chairman Alex Vieux, included two days of keynote speeches, discussions, and finalist presentations. Industry experts, insiders, and journalists evaluated the companies on a wide variety of criteria including financial performance, innovation, business strategy, and market penetration judged companies.

"2020's crop of Top 100 winners has been among our most intriguing yet," said Vieux. "What has excited me most is to see so many people forging niches in high-tech and cutting edge sectors," added Vieux. "Some of the technical wizardry and first-rate business models showcased at the conference has been fantastic to learn about. We believe App Orchid embodies the drive, skill and passion on which tech thrives. App Orchid should be proud of its achievement - the competition was incredibly strong."

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

About App Orchid
The App Orchid platform helps enterprises build AI fueled apps for the Energy, Utilities and Insurance industries. The App Orchid platform uses deep learning and natural language processing with industry specific content delivered through knowledge graphs, to create powerful predictive apps. App Orchid blends historical and real-time, structured and unstructured data with user "tribal knowledge" to deliver innovative enterprise apps, including solutions such as ContractAI, AssetThink, CustomerThink and DocuThink. App Orchid helps enterprises achieve their digital transformation objectives easily through rapid deployment, low cost implementation and minimum disruption across their organization. For more information, please visit www.apporchid.com.

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