NEW BRUNSWICK, NJ--(Marketwire - Aug 15, 2012) - Connotate, the leading provider of solutions that help organizations automate data collection from the Web, today announced the opening of a London office to serve as the center of its European operations.
This new office will allow the company to accelerate the development of new partnerships with EMEA-based companies, as well as better serve its growing base of customers in Europe, including Interactive Data, Precise, Reed Business and Thomson Reuters. Precise, the UK's largest provider of media intelligence solutions uses Connotate to obtain Web data from specialized sites to offer a wider scope of services to its clients. "We use an array of tools, yet we could not solve the problem of quickly gaining access to the new sources our customers demanded," said Tony Price, chief information officer at Precise. "Connotate offers the functionality we need and provides us with accurate results."
With a language-agnostic approach to Web data extraction, the Connotate Solution is well positioned to capitalize on global linguistic diversity for continued growth. The Connotate solution can extract data from Web pages in any language to support mission-critical applications including competitive intelligence, financial intelligence, risk management and compliance, market research and more. Reed Business, Thomson Reuters and Interactive Data use Connotate to selectively feed precise Web-based data into products and services that rely heavily on dynamically changing Web sources, from different countries, in dozens of languages. The information is used by a variety of consumers ranging from clients to analysts.
In addition, Connotate has proven to be particularly adept at helping enterprises generate new and potentially huge revenue streams in areas such as statistical analysis, background check, sales lead lists, custom news feeds and financial investment.
"Opening a London office is an important milestone for Connotate and a testament to the truly global appeal of our product to meet an increasing demand for data collection around the world," said Keith Cooper, chief executive officer at Connotate. "As the first of several planned initiatives for expanded international operations, our new presence in Europe will help us work more closely with existing customers and forge relationships with new clients and partners to grow our EMEA business."
Mark Mahara, EMEA director of sales, will lead the United Kingdom office. Mahara brings to Connotate over twenty-five years of extensive experience in the computer industry. His career highlights include management positions at aiHit, Silvon Software, Compuware, Cognos and Data General.
For organizations in which content and data are vital to success, Connotate is the Web collection company that puts the power of Web data monitoring and collection into the hands of the business user. Connotate delivers the scalability, reliability and resiliency necessary to drive strategic value from dynamic, Web sources. With benefits ranging from increased productivity, competitive advantages and dramatic operational cost savings, Connotate's growing customer list includes global businesses such as McGraw-Hill, Associated Press and Thomson Reuters. Connotate has been named a KMWorld "Trend-Setting Product" for the past six years. Connotate announced the acquisition of Fetch Technologies in March 2012. For more information, please visit http://www.connotate.co.uk or www.connotate.com.