New Brunswick, NJ, February 25, 2015 – Connotate, the industry-leading web content extraction and transformation platform which enables companies to automate the acquisition and accelerate monetization of content sourced from the world’s 1 billion+ websites, today announced record-breaking results for 2014, driving a 39% year-over-year improvement in Annual Contract Value (ACV) Bookings.
Specific 2014 accomplishments driving the unprecedented performance include:
“2014 saw major client wins in both our traditional information industry markets as well as significant penetration into new markets, including application providers who need near real-time web content to fuel their commercial business applications.” said Rich Kennelly, Connotate’s Chief Executive Officer. “Once web data becomes a strategic component of their business model, companies put their trust in Connotate technology to ensure reliable, efficient access to web content at scale. Our Q4 2014 results are a testament to earning that trust.”
Connotate’s latest release launched this week. Connotate 4.4 includes additional performance and scalability enhancements allowing tighter integration of the Connotate platform into each customer’s operations workflow. Highlights include:
About Connotate
Connotate, the leading web content extraction and transformation platform provider for the information services industry and data-centric businesses, automates the acquisition of large, complex flows of content from the world’s 1 billion+ websites. The Connotate platform, featuring massive scalability, high resiliency, industry-leading change detection, flexible deployment models, and DaaS options, results in an average 55% lower content acquisition cost compared to traditional approaches. Connotate’s extensive post-extraction capabilities, including normalization, transformation, and integration, allows information-driven businesses to simplify their content extraction workflow and operations. Headquartered in New Brunswick New Jersey, Connotate has an installed base of leading information service providers, Fortune 10,000 companies, and government agencies including Thomson Reuters, McGraw-Hill, Factset, and the Associated Press, among others. For more information, visit www.connotate.com, follow us on LinkedIn, and on Twitter at @Connotate.
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Contacts:
Gina Cerami
Connotate, Inc.
(732) 964-1380
gcerami@connotate.com