Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

VisualVault Achieves Dramatic Growth in 2020 and Well-Positioned to Take Advantage of Larger Market Forces

VisualVault has achieved record growth over the last several years and 2020 represented an acceleration of that growth and a turning point in the trajectory of the company.


News provided by

VisualVault

Feb 23, 2021, 15:00 ET

Share this article

Share toX

Share this article

Share toX


TEMPE, Ariz., Feb. 23, 2021 /PRNewswire-PRWeb/ -- VisualVault has achieved record growth over the last several years and 2020 represented an acceleration of that growth and a turning point in the trajectory of the company.

VisualVault's record bookings were achieved across a variety of vertical markets including significant traction created in the Public Sector market. Central to this progress was the award of a major state contract that was the largest award in company history. With a growing roster of state governments as clients, the VisualVault Public Sector practice is displacing traditional public sector vendors, many of whom remain tied to installed solutions rather than cloud-based platforms, on RFP finalist lists across the country. Beyond large public sector awards, VisualVault has also secured larger private sector contracts in a breadth of markets and enjoyed significant expansion in its South American client base.

I’m excited to see the strong adoption of our platform and the benefits that it’s delivering to our clients. In particular, solutions that are powered by Artificial Intelligence (AI) and Machine Learning (ML) are proving to be unusually valuable... - Avner Schneur, CEO of VisualVault

Post this

In addition to significant new business wins, macro market developments are also helping create positive sales momentum. The Covid-19 pandemic pushed management teams worldwide to accelerate the adoption of basic digital technologies like videoconferencing and simple file sharing almost overnight. But, of greater consequence, the pandemic served as a wakeup call to the necessity of large organizations making firm plans for a more far-reaching reinvention of core business processes. The reinvention of these business processes will be transformed by the adoption of enterprise content management (ECM) and business process management (BPM) solutions like those delivered by VisualVault. These are the solutions that private and public sector organizations are now seeking in order to deliver more foundational strides forward.

Avner Schneur, CEO of VisualVault, commented on this development by saying, "Many organizations now understand the need to undergo a genuine digital transformation. And, at the center of that transformation is the conversion from non-structured to fully-structured data. Once data is structured, then it can be put to work in order to create efficiencies and serve as a source of valuable business insight and more informed decision making." Schneur adds, "I'm excited to see the strong adoption of our platform and the benefits that it's delivering to our clients. In particular, solutions that are powered by Artificial Intelligence (AI) and Machine Learning (ML) are proving to be unusually valuable and are increasingly relied on as central to our clients most important functions."

VisualVault's core technology offering, that can be easily configured to deliver a wide breadth of solutions across industries, is increasingly seen as the path forward for intelligently managing high-volume, high value processes. The basis of this offering is VisualVault's Intelligent Forms (iForms), that are used as a means of capturing and structuring data. And, once data is structured, the workflow automation function is employed in order to efficiently move data and documents through pre-defined reviews and approvals. While the simple capturing and processing of data hold significant value for organizations in terms of efficiency, the sophisticated Analytics capabilities make clear the immediate and substantial business value created by adoption of the VisualVault platform. Centered around easy-to-configure personal dashboards, management is delivered a level of visibility into processes where they previously had none. From a near-immediate account of finite processes and productivity to high-level macro views of trends, the Analytics function delivers extraordinary insights and business value.

VisualVault has accelerated its pace of advancing cutting-edge technologies such as Artificial Intelligence and Machine Learning applications over the course of the past year. In addition to a breadth of technology upgrades and usability upgrades made to its content services platform (CSP), security measures were also advanced; including the addition of FBI CJIS (Criminal Justice Information System) compliance.

###

About VisualVault

VisualVault is a company and cloud-based, enterprise content management platform that is low-code, highly-configurable and architected to efficiently process high-volume, high-value data and transactions. With the ability to structure unstructured data and put that data to work with workflow automation and a host of other valuable tools, VisualVault is well-suited to rapidly and efficiently lead companies through valuable digital transformation processes.

VisualVault solutions automate inefficient manual processes and transform data and document-intensive processes to deliver dramatic increases in efficiency and valuable data-based insights via an advanced analytics suite.

The platform is composed of five distinct components that are capable of addressing a broad range of information and process management challenges across industries. Collectively, these processes provide high-value solutions that some of the country's largest government agencies, healthcare providers and public corporations rely on for their successful daily operations. The five unique components are:

  • Advanced Capture extracts important data from documents and files using Intelligent and Optical Character Recognition technologies (ICR/OCR)
  • Document Analysis Engine processes and interprets vast volumes of data
  • Intelligent Forms is an easily customized tool that captures, organizes and provides structure to important data
  • Workflow Automation establishes an efficient and seamless flow of data, collecting reviews and approvals, as required
  • Actionable Analytics present information and trends in an easily understood graphic interface, delivering invaluable visibility into operations

Press Contact:
Jason Hatch
VisualVault
Phone: 480-308-4400 x225
[email protected]

Media Contact

Jason Hatch, VisualVault, 480-308-4400 x225, [email protected]

SOURCE VisualVault

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.