SOURCE: Recommind

Recommind

July 20, 2011 18:15 ET

Recommind Named to AlwaysOn Global 250

AlwaysOn Recognizes Recommind for Leadership and Innovation in Predictive Information Management

SAN FRANCISCO, CA--(Marketwire - Jul 20, 2011) - Recommind, the leader in predictive information management software, today announced that it has been selected as one of the winners of the AlwaysOn Global 250. The AlwaysOn Global 250 recognizes companies for leadership amongst their peers and game-changing approaches and technologies likely to disrupt existing markets and entrenched players in the Global Silicon Valley.

The AlwaysOn editorial team worked with industry experts from around the world to choose winners from thousands of domestic and international technology companies nominated by investors, bankers, journalists and industry insiders. In a rigorous three-month process, AlwaysOn finalized the 2011 list based on five criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

"This year's AlwaysOn Global 250 are companies driven by the biggest technology mega-trends, including the accelerating growth of mobile users, cloud computing, and SaaS offerings, globalization and the ever-increasing challenges of big data," says Tony Perkins, founder and editor of AlwaysOn. "This year's winners clearly represent some of the highest-growth opportunities we've seen in the private company marketplace in the history of the global Silicon Valley."

Recommind's search-powered business applications have transformed the way enterprises, government entities and law firms conduct eDiscovery, enterprise search and information governance. All of its solutions are built on the CORE™ (Context Optimized Relevancy Engine) platform, which automatically accesses, organizes and analyzes large volumes of information in context from myriad sources. Recommind's patented Predictive Coding technology has revolutionized the eDiscovery process by using machine learning to categorize, prioritize and code documents -- reviewing them more accurately than human attorneys, saving 50 - 90 percent of the cost of traditional 'linear' review.

"Between increased regulation, high-stakes litigation and the spiraling growth of corporate data, the previous generation of information management software can't keep up anymore," said Robert Tennant, CEO, Recommind. "As a result, we're seeing sharply increased demand for our advanced predictive information management technology, which saves time and reduces costs in every part of the enterprise. We're proud to have our success recognized in the AlwaysOn 250, which brings together some of the most innovative and successful technology companies in the world."

Recommind and the other AlwaysOn Global 250 companies will be honored at AlwaysOn's ninth annual Innovation Summit at Santa Clara University on July 28th, 2011, at the Louis B. Mayer Theatre at Santa Clara University in Santa Clara, CA. This two-day executive gathering highlights important economic, political, and commercial trends affecting the global technology industries. Innovation Summit's goal is to identify the most promising entrepreneurial opportunities and investments in the global tech industry.

A full list of all the AlwaysOn Global 250 winners can be found on the AlwaysOn website at: http://www.aonetwork.com/AOStory/Announcing-2011-AlwaysOn-Global-250.

About Recommind
Some of the world's largest organizations and law firms turn to Recommind to reduce risk, heighten productivity, increase the value of information assets and improve competitiveness and profitability. Recommind's customers include AstraZeneca, BMW, Cisco, Clifford Chance, Marathon Oil, Morgan Lewis, US Department of Energy (DOE), White & Case and Wilmer Hale. Recommind is headquartered in San Francisco and has offices in Boston, London, Sydney and Bonn. For more information go to www.recommind.com

About AlwaysOn
AlwaysOn is the leading business media brand networking the Global Silicon Valley. AlwaysOn helped ignite the social media revolution in early 2003 when it launched the AlwaysOn network. In 2004, it became the first media brand to socially network its online readers and event attendees. AlwaysOn's preeminent executive event series includes the Innovation Summit, OnMedia, OnHollywood, Venture Summit Mid-Atlantic / IMPACT 2011, OnDemand, Venture Summit Silicon Valley, Venture Summit East, GoingGreen Silicon Valley, and GoingGreen East. The AlwaysOn network and live event series continue to lead the industry by empowering its readers, event participants, sponsors, and advertisers like no other media brand.

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