Are Semantic Technology Vendors in a Squeeze?
April 24, 2012
A new trend seems to be evolving in the ever changing world of technology. Some established companies have started joining in an effort to meet the needs of growing businesses. One such example of this new comradeship is seen in the article, Semantic Web Company and punkt. netServices have merged |The Semantic Puzzle.
Consolidation appears to be the new key as;
“In 2004 Semantic Web Company was foundedpunkt. netServices GmbH has offered services and products since 1998. The company is head-quartered in Vienna/Austria and currently employs 15 persons. [We] bring the semantic web and linked data technologies closer to the needs of companies, consumers and the government sector. We have done a lot of basic research those past years, as well as project-pioneering with prospective customers and partners. Finally we have consolidated our knowledge and skills in that field. What was avant-garde in 2004 now has become bleeding edge technology in present days.”
Modern businesses are making evolutionary changes within their operating systems. Companies now require more flexible programming to allow for big data. Therefore, corporations are seeking convenient modifications that allow the merging of new applications into existing plans.
The service providers are compelled to make alterations in order to compensate, so it appears a new pattern is starting to emerge. It makes sense, as by combining company efforts; providers can more readily deal with the needs and wants of perspective clients. Semantics vendors face new challenges, so perhaps a merger is a way to gain traction?
Jennifer Shockley, April 24, 2012
Sponsored by PolySpot
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