Paris, France (Vocus) September 20, 2010
Sinequa, today announced that its business search solution had been recognized by IDC, making it one of IDC's ''Innovative Information Access Companies to Watch¹.'' The IDC report features Sinequa as one of only three vendors in the ''Unified Access to Content and Data'' category to have been selected for the award, which recognizes information access vendors with revenues of less than $100 million that are adapting and innovating around key trends in the information access market.
Information complexity significantly impairs the agility and profitability of businesses today. Across industries and around the world, employees lose a minimum of five hours each week looking for the information they need as part of their daily activities. The resulting inefficiency costs companies anywhere from $5,000 to $20,000 per employee each year, depending on the amount of time they spend searching for information at work.
Even more significant is the loss of customer focus and missed competitive advantage that result when employees are drowning in information overload and unable to find the right information at the right time.
Sinequa tames information complexity in large, global organizations with Sinequa Business Search: an all-in-one solution for information access that includes customizable enterprise search and search-based applications. Designed specifically for understanding business context, Sinequa navigates and synthesizes information from structured applications, unstructured and social content, and people data to discover hidden correlations for more relevant answers, improving and accelerating the information chain from ask to act.
The IDC report categorizes Sinequa as an innovative company in the category of ''unified access/management to content and data'' and states, “Sinequa's hybrid architecture unites deep semantic analysis with search and database technologies, making it an innovative information access platform. Speed of deployment (two days for a proof-of-concept), scalability, sub second response time, categorization, summarization, and language analysis, as well as its capacity to manipulate database columns, win Sinequa projects in the data-intensive as well as in the content world.”
“Broader, more comprehensive and more pervasive information access is critical to the success of an enterprise. Today, information is locked up in multiple systems, applications and sources, making it impossible for an organization to understand -- and respond to -- opportunities and threats,” said Sue Feldman, Research Vice President, Search and Discovery Technologies for IDC. “Our 2010 Predictions² indicated the need for context- and role-based solutions for more powerful information access. Sinequa’s platform and context engine is designed to handle both content and data, and its use of semantic and search technologies is of particular interest.”
“We are delighted to receive this recognition from IDC; it’s important validation for Sinequa’s solution. Our mission is to tame information complexity and empower business users with better information,” said Jean Ferré, CEO of Sinequa. “Business search is not about a simple search for information buried in an enterprise, but about understanding the context of the business and strengthening the relationships between a company and its employees, between a brand and its customers. This is a disruption because users do not want thousands, or even hundreds, of results. They need a clear picture of what is happening in the business. They want the most relevant information, on-demand, to get their jobs done and move the business forward.”
IDC's ''Innovative Companies Under $100M 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. IDC solicited entries from vendors of less than $100 million that exemplify specific key trends (selected by analysts) that are driving change in a specific software market. Vendors then submitted case studies that exemplified one of the trends used as the basis for the award. These case studies were evaluated individually and independently by related market analysts across several pre-determined criteria. The teams then met to review the scores. The case studies submitted for review had to demonstrate that the technology was available, able to be implemented and provided real-world benefits to the customer.
Sinequa tames information complexity in large, global organizations with an all-in-one solution for customizable and context-sensitive enterprise search and search-based applications. Built on 25 years of experience in linguistics research, Sinequa Business Search combines semantic with statistical analysis for more relevant results. Its patented Context Engine™ navigates and synthesizes information from structured applications, unstructured and social content, and people data to discover hidden correlations, improving and accelerating information access “from ask to act.”
Sinequa scales to manage thousands of users and billions of documents, and works with any data source. Its powerful and efficient architecture, standard connectors and open APIs eliminate the usual headaches of time consuming implementations, complex integration and expensive infrastructure requirements. Sinequa can be deployed in only three weeks and on less than one-fifth the footprint of alternative solutions. More than 250 of the world’s largest and most information-intensive organizations rely on Sinequa, including Credit Agricole, EADS, Mercer and Saint-Gobain. http://www.sinequa.com