Coveo Surges Forward
April 23, 2010
The Coveo team has surged forward in search, according the story “Coveo Announce Une Augmentation de 55% des Revenus de License au 1er Trimestre de 2010; Conclut 24 Nouvelle Transactions.” (There’s an English version of the news release at Intelligent Enterprise as well.) If you don’t read French, this translates as significant growth and two dozen new deals in 12 weeks. Beyond Search thinks that is pretty darned good in today’s economic climate. Other highlights from the story include:
- The release of Version 6.1 of the firm’s Enterprise Search Platform with a raft of new features such as an Outlook integrated sidebar, a floating desktop search bar, and complete desktop email indexing. (You can get the full details at www.coveo.com).
- Deals with Trading Technologies, Netezza, Hewitt, Royal Mail Group, and Allina Hospitals among others
- A 97 percent reduction in time taken to find expertise across a top engineering firm and a two week ROI for a Fortune 100 financial services company
I moderated for Fierce Content Management, the publishing company, a Webinar with Louis Tetu, one of the investors in Coveo, Bill Cavendish (GEICO), and Coveo’s Executive Vice President (Richard Tessier). The company’s approach to enterprise information struck me as focused on chopping the “wait” out of the installation and delivering information that helps employees do their jobs. The “search” function meshes with work processes, so employees can click on a link, fire a query from a mobile device, or use a customized interface. After the Fierce Webinar, I spoke briefly with the firm’s founder Laurent Simoneau. He pointed out that Coveo’s architecture and “smart” software make it possible to get real payoff from search, not big engineering and consulting bills. My recollection is that Laurent Simoneau said, “We focus on making search work the way users want in their specific situation. This seems to be working quite well for us.”
With 55 percent growth in 12 weeks. I am inclined to agree.
Stephen E Arnold, April 23, 2010
This post was not sponsored.
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[…] Coveo Surges Forward : Beyond Search The release of Version 6.1 of the firm’s Enterprise Search Platform with a raft of new features such as an Outlook integrated sidebar, a floating desktop search bar, and complete desktop email indexing. (You can get the full details at http://www.coveo.com). (tags: coveo enterprisesearch desktopsearch) […]