ATLANTA, Sept. 20, 2011 (GLOBE NEWSWIRE) -- PRGX Global, Inc. (Nasdaq:PRGX), the world's leading provider of recovery audit services and the pioneer in Profit DiscoveryTM, today announced that it ranked 88th on this year's InformationWeek 500 – a list of the top technology innovators in the U.S. The annual list was revealed last week at a gala awards ceremony at the exclusive InformationWeek 500 Conference at the St. Regis Monarch Beach Resort, Dana Point, CA.
"Information Week recognized PRGX for our innovative use of technology to improve our approach to procure-to-pay audit, PRGX's largest business segment," explained PRGX's Chief Information Officer, Michael Noel. "As an information services company working with clients to transform data into profitable insights, it is imperative that we enable our analysts and auditors with the tools and data that help maximize productivity without stifling their creativity."
"This is the first year that PRGX Global, Inc. has been included in the Information Week 500 list, but I expect that it won't be the last," said PRGX's CEO, Romil Bahl. "Technology innovation remains critically important as we continue to pioneer Profit Discovery, with the single-minded mission of helping our clients recover lost profits and discover new opportunities to capture additional profits."
"For 23 years, the InformationWeek 500 has chronicled and honored the most innovative users of business technology," said InformationWeek Editor-In-Chief Rob Preston. "In this day and age, however, being innovative isn't enough. Companies and their IT organizations need to innovate faster than ever before to stay a step or two ahead of their customers, partners, and competitors. This year's ranking placed special emphasis on those high-octane business technology innovators."
InformationWeek identifies and honors the nation's most innovative users of information technology with its annual 500 listing, and also tracks the technology, strategies, investments and administrative practices of America's best-known companies. Past winners have included: The Vanguard Group, CME Group, Conway, National Semiconductor, Kimberly-Clark, Hilton Hotels and Unum. The InformationWeek 500 rankings are unique among corporate rankings as it spotlights the power of innovation in information technology, rather than simply identifying the biggest IT spenders.
Additional details on the InformationWeek 500 can be found online at www.informationweek.com/iw500/.
About PRGX Global, Inc.
Headquartered in Atlanta, Georgia, PRGX Global, Inc. is the world's leading provider of recovery audit services. With more than 1,400 employees, the company operates and serves clients in more than 30 countries and provides its services to more than 75 percent of the top 30 global retailers. PRGX is also pioneering Profit Discovery, a unique combination of audit, analytics, and advisory services that improves client financial performance. Beyond its core retail practice, PRGX is actively expanding into healthcare.
About InformationWeek Business Technology Network (http://www.informationweek.com/)
The InformationWeek Business Technology Network provides IT executives with unique analysis and tools that parallel their work flow—from defining and framing objectives through to the evaluation and recommendation of solutions. Anchored by InformationWeek, the multimedia powerhouse that looks across the enterprise, the network scales across the most critical technology categories with online properties like DarkReading.com (security), NetworkComputing.com (networking and communications) and PlugintotheCloud.com (cloud computing). The network also provides focused content for key IT targets, such as CIOs, developers, and SMBs via InformationWeek Global CIO, Dr. Dobb's and InformationWeek SMB, as well as vital vertical industries with InformationWeek Financial Services, Government, and Healthcare resources. Content is at the nucleus of our information distribution strategy—IT professionals turn to our experts and communities to stay informed, get advice and research technologies to make strategic business decisions.