Industry disrupter and dismantler, eSUB, is the only software company in Construction selected to the Red Herring North America 100.
eSUB Construction Software (eSUB), the leading provider of mobile and cloud-based project management and document control solutions for subcontractors, today announced its selection to the 2017 Red Herring Top 100 list for the most innovative companies in North America.
“We are honored to be recognized for such a prestigious award and to join the ranks of the most disruptive companies across the globe,” said eSUB’s President and CEO, Wendy Rogers. eSUB is disrupting and dismantling the construction industry’s enormous subcontractor market that has yet to be adequately served by technology. Unlike general contractors, subcontractors perform 99 percent of the labor on large-scale construction projects and being able to track their labor in the field accurately can make or break their profits. “When changes occur in the field on construction projects, subcontractors often find themselves unable to accurately capture the work completed. They’re too busy doing the extra work to document it, but subcontractors don’t get paid for the work they do, they get paid for the work they document,” says Rogers.
eSUB Construction Software solves the costly disconnect between the Field and Office by implementing a cloud-based back-end solution that ties in with native applications and mobile devices in the field, giving personnel the ability to capture information onsite easily and share it in real-time with the back office for billing purposes and productivity tracking. “Using eSUB results in at least a 50 percent operational increase by replacing manual process with automated workflows and allows contractors to collect 100 percent on previous undocumented changes in the field,” says Rogers.
The Red Herring Award—established in 1996—highlights the best and the brightest of the tech industry. The organization prides itself on discovering and advocating for promising companies around the world, which is evident on their record of past winner selections—including Facebook, Google, Yahoo and thousands of others on the Nasdaq and other exchanges across the globe.
Each year, Red Herring’s editorial team analyzes hundreds of cutting-edge companies and technologies and selects those positioned to grow at an explosive rate. The Red Herring Top 100 evaluation criteria include growth rate, market maturity, and disruptiveness of the solution, revenue, and the company’s overall globalization.
“2017’s crop of Top 100 winners has been among our most intriguing yet,” said Alex Vieux, chairman of Red Herring. “North America has led the way in tech for so many years, and to see such unique, pioneering entrepreneurs and companies here in California, which is in many ways the heartland of the industry, has been a thrilling experience.”
“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 here at the conference have been fantastic to learn about. We believe eSUB embodies the drive, skill and passion on which tech thrives. eSUB should be proud of its achievement – the competition was incredibly strong.”
Following eSUB’s Top 100 win, [they] are invited to the next step, which is to present [themselves] at the Top 100 Global event in November that will encompass the best-in-show from the Top 100 Europe, North America, and Asia. Red Herring is dedicated to support eSUB’s continued path to success and innovation.
Changing game on every project – A robust, easy-to-use mobile-first solution, eSUB automates project management tasks and creates a central cloud-based hub for real-time project information. Commercial Subcontractors are empowered with a solution to protect their profits and mitigate risks such as avoiding unnecessary claims.
SOURCE: CISION PR Newswire