Concept Searching Grows 2013 First Half Revenues by 40% over the same period in 2012
McLean, VA, US and Stevenage, UK (PRWEB UK) 8 July 2013 -- Concept Searching, the global leader in semantic metadata generation, auto-classification, and taxonomy management software and developer of the Smart Content Framework™, is pleased to announce that the company has achieved revenue growth of 40% for the first half of fiscal 2013, compared to the same period in 2012.
The growth rate can be attributed to the selection and deployment of the award winning conceptClassifier for SharePoint. Clients are increasingly seeking solutions that are tightly integrated with SharePoint 2013 and Office 365, and also provide the flexibility for deployment in an on-premise, cloud based, or a hybrid environment. Although improving search has been the traditional organizational priority, Concept Searching has seen a definitive shift in the market, where organizations are now evaluating technologies based on the ability to improve multiple business process weaknesses in migration, compliance, and information security, as well as augmenting traditional search solutions. Since conceptClassifier for SharePoint is deployed as an enterprise infrastructure component, clients can leverage their investments and reduce the number of application specific solutions, resources, and time required to improve business processes, delivering a quantifiable ROI. Migration and information security are now of equal importance to improving search. The advantage of conceptClassifier for SharePoint is that it solves these challenges with one set of technologies.
The technology has been widely deployed in a variety of industries. Major contracts that contributed to first half growth include a top four global accounting and audit firm, the largest healthcare provider in the US, a global leader in the manufacture of kitchen appliances, a leading oil and gas services company, a rare earths mining company, a financial research firm, and the German military. Despite delays in the release of contracts, due to sequestration in the Federal and DoD market sectors, the US Air Force continued deployments of the technology at several medical treatment facilities to identify and take action on sensitive information identification protection, thereby complying with The Joint Commission (TJC) regulations.
“Recognized as the global leader in semantic metadata generation, auto-classification, and taxonomy management software integrated with SharePoint, diverse industries are increasingly deploying conceptClassifier to perform intelligent migration, compliance, information security, as well as search. These are areas where we have clearly led the market for the past three years. The new contract awards all involved competitive evaluations and in many cases a proof of concept. These contracts further demonstrate our market leadership position due to our unique ability to solve multiple business and application process challenges and deliver a substantial ROI,” said Martin Garland, President of Concept Searching.
Follow Concept Searching: http://www.twitter.com/conceptsearch
About Concept Searching
Founded in 2002, Concept Searching is now the industry leader specializing in conceptual metadata generation, auto-classification, and taxonomy management. Platform agnostic, Concept Searching is also a Microsoft managed partner with a Gold competency in Application Development, and offers a complete suite of SharePoint solutions. The award winning technologies integrated with Concept Searching’s Smart Content Framework™ encompass the entire portfolio of unstructured information assets in on-premise, cloud, or hybrid environments. Clients have deployed the intelligent metadata enabled solutions to improve search, records management, protection of privacy data, migration, text analytics, eDiscovery, and Enterprise/Web 2.0.
Concept Searching is headquartered in the US with offices in the UK, Canada and South Africa. For more information about Concept Searching’s solutions and technologies visit http://www.conceptsearching.com and our Blog, and follow us on LinkedIn.
All product and company names herein may be trademarks of their respective owners.
Cate Evans, Concept Searching, http://www.conceptsearching.com, 0-779-225-3588, [email protected]
Share this article