Sinequa Achieves Record Performance in the First Half of 2018
July 19 2018 - 09:00AM
Sinequa, a recognized leader in the Gartner Magic Quadrant for
Insight Engines 2018, today announced that the company achieved
record-breaking performance for the first half of the fiscal year
ending on June 30, 2018. During this period, Sinequa recorded
triple-digit growth of its new subscriptions worldwide, closed
multimillion-dollar contracts with leading organizations while
significantly expanding its worldwide partner network.
“The first half of our fiscal year has been outstanding. Sinequa
delivered an exceptional financial performance during this period,
closing an impressive number of very large deals with prestigious
brands alongside our expanding network of partners. We also
confirmed our position as a Leader in the Gartner Magic Quadrant
2018 for Insight Engines for the second consecutive time,” said
Fabrice de Salaberry, COO at Sinequa. “More and more leading
organizations are turning to our Cognitive Search & Analytics
platform as their solution of choice to accelerate their digital
transformation and become Information-Driven.”
H1’18 Achievement Highlights
During the first six months of 2018, Sinequa achieved
significant milestones:
Major new customer wins including multimillion-dollar
subscriptions
- Signed a record number of new high-touch customers in multiple
industry verticals in EMEA and North America such as Boston
Consulting Group, Covea, Navy Federal Credit Union, LCL, Takeda
Pharmaceuticals, U.S. Bank and more.
- Won a major aerospace & defense contract for a U.S.-based
leading global security company with Accenture.
- Signed a strategic contract alongside our German-based partner
B-S-S with one of the largest car manufacturers in the world to
provide better insights in their procurement and accelerate
compliance with GDPR.
- Won a significant contract, jointly with Accenture, with one of
the leading worldwide chemical companies based in
Germany.
- Selected as a key component for a strategic project at Société
Générale, the seventh largest European bank, as part of its digital
transformation.
Partner ecosystem growth
- Expanded our global strategic partnership with Accenture
Applied Intelligence, part of Accenture Digital. Accenture
officially joined the Sinequa’s Advantage Partner Program as a
Premium member.
- Announced a partnership with Infosys, a global leader in
consulting, technology and next-generation services to deliver
Cognitive Search & Analytics solutions to empower large
organizations to become information-driven.
- Signed a worldwide partnership agreement with Cognizant
(Nasdaq:CTSH), one of the world's leading professional services
companies, transforming clients' business, operating and technology
models for the digital era.
- During the same period, Sinequa signed or renewed a number of
EMEA and North American regional partners such as Evolusys,
Flatirons Jouve, Formica, Knowledgent and SQLI.
Product Innovation
- Released key integrations to bolster Sinequa’s machine learning
capabilities, including Tensorflow, Spark Streaming for real-time
model application and Jupyter integration for data scientists.
- Introduced a relevance feedback model that enables users, in
particular expert users, to affect relevance appropriate to their
environment without the IT department having to intervene and
implement rules.
- Further improved universal access to enterprise content through
the addition of new connectors; added support for field-level
security as well as various document conversions.
- Introduced text analysis enhancements that detect important
terms and phrases within text; enhanced NLP support for certain
languages.
- Migrated user interface framework to Angular 6, thereby
standardizing and modularizing the framework.
Industry Analyst and Award
Recognition
- Gartner, Inc. positioned Sinequa as a Leader in its 2018 Magic
Quadrant for Insight Engines¹. This is the second consecutive time
that Sinequa was named a Leader in this Gartner Magic Quadrant. A
complimentary copy of the report can be accessed here.
- Ovum published a new white paper « Accelerating GDPR
Compliance and Beyond with an Information-Driven Approach »
outlining the challenges of aligning existing business objectives
with GDPR compliance and how companies can accelerate GDPR
compliance with an information-driven approach.
- Bio-IT World Conference & Expo awarded Sinequa the “Best of
Show Award” in the Analysis & Data Computing category.
¹ Gartner, Inc., Magic Quadrant for Insight Engines, Whit
Andrews, Stephen Emmott, Svetlana Sicular, 13/07/2018. Gartner,
Inc., Magic Quadrant for Insight Engines, Whit Andrews, Guido De
Simoni, Jim Murphy, Stephen Emmott, 30 March 2017. Gartner Inc.,
Magic Quadrant for Enterprise Search, Whit Andrews, Hanns
Koehler-Kruener, 19 August 2015.
About Sinequa Sinequa is an independent
software vendor providing a cognitive search and analytics platform
for Global 2000 companies and government agencies that connects
people with the information, expertise and insights necessary for
organizations to become information-driven. For Sinequa customers,
this means actionable information presented in context to surface
insights, inform decisions, and elevate productivity. The platform
has been forged by experience in projects for large organizations
in complex environments with large and diverse sets of data and
content. Sinequa’s unified platform is fully integrated and
configurable to support current and future needs around becoming
information-driven. For more information,
https://www.sinequa.com/.
Media Contact:David Gibbs Touchdown for Sinequa
Tel: +1 512 826 0754 sinequa@touchdownpr.com
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