Connotate Recognized by Leading Market Research Firm as an Innovative Information Access Company Under $100M to Watch
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Premier global provider of market intelligence, advisory services, and events recognizes Connotate for product adaptations and innovations NEW BRUNSWICK, N.J.--(Business Wire)-- Connotate, a leading provider of solutions, which transform information from the Web and enterprise into user-empowered on-demand applications and actionable intelligence, today announced their inclusion in the "Innovative Information Access Companies Under $100M to Watch" study published by IDC1. The first study conducted by IDC of its kind, the nine companies selected by IDC as innovative information access companies were chosen based on how well they embodied one or more of three trends prevalent to information access software. The trends focused on software requiring minimal training and incorporating Web 2.0 capabilities; unified management of and access to information; and intelligent process automation. Companies were recognized on the final list based on their product adaptations and innovations addressing the trends IDC identified. "IDC recognized Connotate for its innovative approach to harvesting and delivering Web information quickly to its customers in multiple formats, including targeted alerts, spreadsheets, data streams and time-series trending data that can be customized by each user, and shared with others" said Sue Feldman, IDC's VP for Search and Discovery technologies. "Some of the requirements for qualifying for this award included Web 2.0 interactivity, and unified access to multiple sources . Connotate provides both of these features, particularly with its Agent Studio. We congratulate them." "Connotate is proud to be recognized as one of the innovative information access companies under $100M to watch list," says Bruce Molloy, CEO of Connotate. "With top global publishers, content aggregators and distributors, financial services and government agencies relying on our solution to help them increase productivity while reducing costs, we`re proud of the product innovations we continue to develop. It makes us even more committed to deliver not only a high value solution but, more importantly, a high-value solution that delivers an amazing ROI." IDC's "Companies to Watch" reports are a qualitative evaluation of a set of vendors within a specific market - they are not a stack ranking nor do they represent an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies in the report.) The study was announced on October 26th by IDC on http://www.idc.com. To learn more about Connotate, visit http://www.connotate.com. About Connotate Connotate is changing the way businesses leverage information from the Web and Enterprise. Connotate`s premium solution transforms web and enterprise data into high-value information assets -- to feed content products, grow market and business intelligence, enable mass data aggregation, migration and integration. Connotate's patented intelligent Agent technology empowers both business users and technologists to quickly create data sets, new applications and content products. With Connotate, customers experience productivity gains, reduced costs, mitigated risks, more informed decision-making and strategic & competitive advantages. Agents operate on a fully-automated, 24 x 7 basis and are created using an intuitive GUI that supports fast and easy configuration by end-users without programming experience. Content is delivered over any number of media including XML, RSS, email, text messaging, file systems and direct feeds to SQL databases and Excel. Connotate`s clients include many of the largest global publishers, content aggregators and distributors; online media companies; financial services firms; pharmaceutical, energy and Internet companies; and federal and state government agencies. Connotate was the recipient of the 2007 KM Promise Award and has been named one of the "100 Companies That Matter in Knowledge Management" by KMWorld for five consecutive years. For more information on Connotate, visit our website at http://www.connotate.com. 1 IDC, Innovative Information Access Companies Under $100 M to Watch, Doc # 220450, October 2009 CDPR Public Relations Corinne DePalma, 212-399-0887 CDPR@AOL.com or Connotate Gina Cerami, 732-296-8844 gcerami@connotate.com Copyright Business Wire 2009
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