OSLO, December 1, 2011 /PRNewswire/ --

QuestBack - the European industry leader in Enterprise Feedback Management (EFM)- has announced its selection as a candidate for Red Herring's 2011 Top 100 Global award. This is a prestigious recognition honoring the year's most outstanding private technology companies and entrepreneurs from across the globe.

(Photo: http://www.newscom.com/cgi-bin/prnh/20111201/498181 )

(Logo: http://www.newscom.com/cgi-bin/prnh/20110929/484492 )

The Red Herring editorial team selected the companies demonstrating the most innovative technologies and business models originating from over 1000 companies from over 40 nations.

QuestBack provides online survey solutions, panel solutions and social CRM solutions - web-based services for relationship development through the collection, analysis, and follow-up of business critical information.

Ivar Kroghrud, QuestBack CEO, comments: "We are thrilled to be shortlisted in Red Herring's 2011 Top 100 Global awards, and to be recognized for our achievements in Enterprise Feedback Management and Social CRM. It is a privilege to be shortlisted alongside such distinguished colleagues.  We have worked hard to provide our customers with the ability to improve financial performance  by increasing the satisfaction and loyalty among customers and employees, and gaining greater insight into the market in which they operate".

The companies, representing past Red Herring Asia, Europe and North America awards, are judged on a range of qualitative and quantitative metrics, including but not limited to, technology innovation, financial performance, growth criterion, management's execution standards, potential globalization of the strategy and market share improvement.

Alex Vieux, chairman of Red Herring stated that "Technology companies are becoming the bright spot in the economic outlook based on their increasing role within macro-economic environments. 2011 has confirmed the sector's vibrant activity and its resilience to widespread economic problems. An unprecedented number of entrepreneurs are attempting to jump ahead of the competition and aspire to make a difference. Breakthroughs obsolete each other faster than ever before. QuestBack has performed exceptionally in its field and strongly deserves to be singled out as one of the Red Herring Global Finalists. At this stage, we are left with the daunting task to select the best qualified companies for the 2011 Top 100 Global Award."

About QuestBack

QuestBack enables organisations to gain insights from customer and employee experiences, through leading feedback and dialogue solutions. We offer state of the art software and related services for enterprise feedback management, customer experience management, social CRM and market research.

SOURCE QuestBack