Connotate Announced Record Growth in Q4 2012

Posted by Joachim Bartels | Feb 3, 2013 | Competitive Intelligence, Connotate, Data Mining, Information Aggregation, United States | 0 |

Connotate, Inc., a provider of Web data monitoring and extraction solutions, announced record growth in Q4 2012, adding new customer accounts in finance, health care, mobile gaming and online advertising. Connotate signed over four times as many new customer accounts in Q4 2012 compared to Q4 2011. The use cases include extracting regulatory updates for health care claims management, aggregating consumer product reviews, online ad optimization and collecting company performance data to optimize investment portfolios.

Also during the quarter, customers using Connotate’s Fetch Check application significantly expanded their deployments, increasing the total number of background checks completed in 2012 to nearly three times the amount in 2011.

Source: Connotate Press Release

Transparency at Bay: Connotate announces record earnings but does not disclose financial figures. That does not bode well for an information company

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Joachim Bartels

Joachim C Bartels is a co-founder, director, head of information resources and Editor-in-Chief of BIIA. In his capacity as Editor-in-Chief he is responsible for the selection of relevant information content concerning industry insights, trends, technological developments, standards and policies impacting BIIA members in particular and the business information industry in general.

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