TEMIS and Its Birthday
November 21, 2010
Whoops! We forgot to send TEMIS a birthday card! Did you? According to a press release posted on PR Newswire, “TEMIS, the Leader in Text Mining Celebrates its Tenth Birthday and Continues to Expand”, they celebrated their tenth year as a company in October. (It is okay. TEMIS forgot to thank ArnoldIT.com for the contact information it provided for free in April 2010. You thought elephants had long memories. Geese are right up there in the memory department.)
The article goes on to detail TEMIS’s journey from a start-up in 2000 to accumulating revenue in excess of $10 million with growth over 13% last year. Much of that success seems to have come from market consolidation and the ability to “adapt its solutions to tackle diverse business needs (market intelligence, research and innovation, opinion mining, voice of customer) and to the specificities of several industries (homeland security, life sciences, enterprise, publishing).”
We concede TEMIS is a leader in the industry. Our card is in the mail…just don’t make us sing.
Christina Sheley, November 21, 2010
Freebie
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One Response to “TEMIS and Its Birthday”
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What do you mean here by “market consolidation”? Text-mining uptake is expanding rapidly — I believe faster than TEMIS 13% growth rate, driven by social analytics — so no consolidation there, and but I don’t perceive that TEMIS has expanded its presence in any particular market, which would be a second definition of consolidation. Third, while there have been solution-provider take-overs, TEMIS hasn’t been involved in any. (Also, quite a number of new providers have emerged, so I just don’t see any net overall market consolidation.)