Recommind Named One of Bay Area's Fastest-Growing Companies
(Marketwire Via Acquire Media NewsEdge) SAN FRANCISCO, CA -- (Marketwire) -- 10/26/12 --
Recommind, the leader in predictive information management and analysis software, today announced it has been named to the San Francisco Business Times Top 100 Fastest-Growing Private Companies in the Bay Area.
The news follows successive years of record-breaking revenue, with Recommind reporting 95 percent growth between calendar year 2010 and 2011, and 100 percent growth in the first half of 2012, compared with the same period in 2011.
Global enterprises use Recommind's technology for everything from business analytics to categorization, email management, enterprise search and eDiscovery. Its revolutionary Predictive Coding technology greatly improves the accuracy and efficiency of document analysis and review, the most expensive and time-consuming phase of eDiscovery. All Recommind applications are based on its proprietary CORE® platform for management and analysis of any data type, especially unstructured data.
"Recommind is changing the way organizations find, manage, analyze and act on information," said Recommind CEO Bob Tennant. "Global enterprises, government agencies, and even smaller companies are finding themselves overwhelmed by the amount of data they're creating and storing every day. Their employees can no longer get through all the information they need to make good decisions. Our technology allows them to be more nimble, more competitive and mitigate risks. Recommind's technology provides the ability to quickly discover critical information and identify unsuspected connections in large stores of unstructured data. This is the most challenging form of data for computers to analyze, and in many ways the most valuable. Our technology delivers insights customers can't get anywhere else."
The San Francisco Business Times Top 100 is an annual ranking of the fastest growing private companies in the Bay Area. The full list for 2012 is published in the October 26th edition of the San Francisco Business Times.
About Recommind Inc. Recommind is the leader in predictive information management and analysis software, delivering search-powered business applications that transform the way enterprises, government entities and law firms conduct eDiscovery, enterprise search, and information governance. Recommind's solutions are all built on the CORE (Context Optimized Relevancy Engine) platform, which automatically accesses, organizes and analyzes large volumes of information, in context, from myriad sources. With greater control over and more accurate access to information, organizations can lower risk, heighten productivity, increase the value of information assets and improve competitiveness and profitability. Recommind customers include AstraZeneca, BMW, Clifford Chance, Cisco, Marathon Oil, Morgan Lewis, US Department of Energy (DOE), White & Case and WilmerHale. Recommind is headquartered in San Francisco and has offices in Boston, London, Sydney and Bonn, Germany. For more information, e-mail email@example.com or go to www.recommind.com.
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