SOURCE: Cambridge Semantics

May 05, 2011 08:30 ET

Leading Industry Analyst Firm Names Cambridge Semantics a "Cool Vendor"

Company Recognized for Its Innovation and Impact on the Life Sciences Market

BOSTON, MA--(Marketwire - May 5, 2011) - Cambridge Semantics (www.cambridgesemantics.com) today announced that it has been named one of five vendors to be included in Gartner Inc's "Cool Vendors in Life Sciences, 2011" report by Steve Lefebure and Dale Hagemeyer, published April 22, 2011. The research highlights vendors that are bringing new tools to yield greater insights into data. To learn more about how Cambridge Semantics addresses the specific data collaboration challenges life sciences organizations face visit www.cambridgesemantics.com/pharma_knowledge_base_solution.

According to Gartner, "Life science companies collect vast amounts of structured and unstructured data from clinical and commercial efforts. However, classic business intelligence tools are often inadequate to handle this data in a way that provides value for the enterprise."

With Cambridge Semantics, knowledge management teams can access data sources on their own terms and in their own language. Based on semantic technology, our knowledge base solutions enable non-technical users to conduct ad hoc data analysis to answer a wide variety of research, clinical, and market questions using familiar tools such as Excel and the Web.

"From market research to clinical trial data, competitive analysis to sales information, the ability to synthesize new data immediately for business use is paramount," said Alok Prasad, President of Cambridge Semantics. "We're honored to be recognized by Gartner for our innovative approach to helping life sciences companies solve their most pressing data challenges."

About Gartner's Cool Vendors Selection Process
Gartner's listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.

Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn't do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner's interest or curiosity in approximately the past six months.

About Cambridge Semantics
Cambridge Semantics gives business users the ability to access data sources on their own terms and in their own language; not the language of IT. From research scientists to financial analysts to marketing managers, our semantic knowledge based solutions enable customers to ask and answer their most pressing business questions. Unlike search, data warehousing, CMS systems or existing manual processes, the Cambridge Semantics Anzo Suite empowers users to self manage their data, processes, and businesses using familiar tools such as Excel & the web. Cambridge Semantics is a privately held company based in Boston, Massachusetts. For more information visit www.cambridgesemantics.com or follow us on Twitter @CamSemantics.

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