Connotate Asserts Record Growth
June 14, 2012
Publicly traded companies report revenues and generate allegedly hard numbers. Privately held companies can make assertions.
Lead Society News recently reported on some impressive achievements made by Connotate, a provider of solutions that helps organizations monitor and collect content and data from the web, in the article “Connotate Experiences Record Growth in First Quarter 2012.”
According to the article, some possible explanations for the impressive momentum the company experienced this quarter include: appointing Keith Cooper as CEO, acquiring its major competitor Fetch Technologies, successfully securing a round of venture capital funding and significantly increasing the scale of customer deployments and revenues.
Connotate CEO Keith Cooper said:
“Connotate’s high growth rate is a testament to the importance of Big Data and the strength of our technology and people. Big Data continues to be the new black with Global 2000 businesses but the ability to effectively and reliably leverage the precise data elements from these ever-growing Big Data sets will separate the best companies from the rest of the pack. We remain focused on solving that problem and delivering solutions that will enable the best data elements to be delivered to analytics models, fueling the strategic insights needed to drive top line performance and bottom line results.”
While this is excellent news, we would like to see some hard data to back this article as well as the breakdown of revenues between Connotate and Fetch.
Jasmine Ashton, June 14, 2012
Sponsored by PolySpot
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