SOURCE: Connotate

Connotate

May 16, 2011 09:01 ET

Connotate Inducted Into KMWorld "Hall of Fame"

Web Data Collection and Monitoring Pioneer Among Fifteen Companies With "Game-Changing" Solution

NEW BRUNSWICK, NJ--(Marketwire - May 16, 2011) - Connotate, Inc. (www.connotate.com), the leading provider of solutions that help companies collect data and content from the Web, today announced that it has been named to KMWorld's Hall of Fame for 2011. The Hall of Fame consists of 15 information management companies selected from the pool of recipients of KMWorld's "Trend-Setting Products" award for 2010. Connotate's flagship Web data collection and monitoring platform has been designated a "Trend-Setting" product for the past five consecutive years and also recently made KMWorld's prestigious list of "100 Companies that Matter in Knowledge Management" for the seventh consecutive year.

Andy Moore, publisher of KMWorld, acknowledged the intense process of selecting Hall of Fame companies for 2011 and the importance of cutting-edge innovation in influencing the knowledge management industry: "This year, we decided that a new perspective was called for. We felt that companies in the knowledge management arena -- a very large 'arena' indeed -- developing new and game-changing solutions should also be recognized and honored. We examined our annual 'Trend-Setting Products' winners and chose 15 that we feel represent the best, and most frequent, additions to the forward momentum of technology innovations in our industry."

Connotate's solution allows non-technical users to automate the processes around monitoring and collecting dynamic Web data via a patented visual abstraction technique. The solution enables non-technical business users to automate the data acquisition process via an easy-to-use point and click interface. Armed with a browser and mouse, business users simply color code the data elements they want to monitor, schedule the frequency at which they want to monitor and collect the data, and choose their preferred delivery format. Built as a scalable solution to handle data monitoring and aggregation challenges of all sizes, the most recent version of Connotate's solution also incorporates a unique 'full story algorithm' feature which captures story elements automatically thereby increasing the speed and efficiency of Web data collection and monitoring process. Customers of Connotate boast a lower total cost of ownership; a customer who aggregates government contract data is capturing 60% more information than they did with prior methods, using lower-cost staff rather than high-demand IT resources.

"We're honored to be among the select group of companies added to KMWorld's Hall of Fame this year," said Tom Meyer, CEO of Connotate. "The Connotate solution is used by some of the world's largest enterprises to monitor and collect all kinds of Web data -- in dozens of languages -- that contribute to accurate decision-making. Like KMWorld, our customers recognize the critical value of our technology's flexibility, power and unprecedented reliability -- advantages that help them keep their finger on the pulse of the information economy."

For a full list of 2011 KMWorld Hall of Fame inductees, please go to: http://www.kmworld.com/Articles/Editorial/Feature/KMWorld-Hall-of-Fame-2011-The-Trendsetters-75152.aspx

About KMWorld
The leading information provider serving the Knowledge, Document and Content Management systems market, KMWorld informs more than 45,000 subscribers about the components and processes -- and subsequent success stories -- that together offer solutions for improving business performance. KMWorld is a publishing unit of Information Today, Inc. For more information, please go to http://www.kmworld.com/

About Connotate
For organizations in which content and data are vital to success, Connotate is the Web collection company that that puts the power of Web data monitoring and collection into the hands of the business user. Through an easy-to-use 'point and click' interface and patented algorithms, Connotate delivers the scalability, reliability and resiliency necessary to drive strategic value from dynamic, Web sources. With benefits ranging from new content offerings with millions of subscribers, to new revenue streams, 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 five years. For more information, please visit http://www.connotate.com.

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