Romania is once again represented in the European IT elite, by INSOFT Development&Consulting

INSOFT Development & Consulting is part of a select group of Europe’s most innovative software companies, winner of Red Herring Top 100 Europe.
Red Herring Top 100 Europe celebrates Europe’s leading private companies. From more than 250 finalists carefully selected among private organizations all across the continent, 100 companies were chosen as the top’s winners for their innovation, growth potential and ability to influence the respective markets.
This acknowledgment is an important mark that what we do is valuable, for both the final beneficiaries and the IT&C industry. This award comes as an additional motivation for us to keep getting better, be more creative and more efficient. The key to our success is simple: a team of specialists “addicted” to technology, a bold market approach based on know-how and experience, investment in innovation and a business strategy focused on a sustainable and accelerated development”, said Cristian Aciubotăriței, CEO INSOFT Development & Consulting.   
The organizers of Red Herring Top 100 Europe aim at finding those entrepreneurship models which proved their efficiency, contributed to creating successful businesses and can actively support regional development.
“Selecting startups that show the most potential for disruption and growth is never easy,” said Alex Vieux, publisher and CEO of Red Herring. “We looked at hundreds and hundreds of candidates from all across the continent, and after much thought and debate, narrowed the list down to the Top 100 Winners. Each year, the competition gets tougher but we believe INSOFT Development & Consulting demonstrates the vision, drive and innovation that define a Red Herring winner”
Red Herring’s editorial staff evaluated companies on both quantitative and qualitative criteria, such as financial performance, technological innovation, management quality, and overall business strategy and market penetration. This assessment was complemented by a review of the track records and standings of similar startups in the same verticals, allowing Red Herring evaluators to see past the “buzz” and make the list a valuable instrument of discovery and advocacy for the most promising new business models in Europe.
About Red Herring Top 100 Europe
Red Herring’s Top 100 Europe list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring’s editors were among the first to recognize companies such as Facebook, Twitter, Google, Yahoo, Skype,, YouTube, and eBay.