|By PR.com Newswire||
|June 18, 2014 03:00 AM EDT||
Santa Clara, CA, June 18, 2014 --(PR.com)-- Infinote, a provider of Big Data Text Analytics solutions for documents, announced that it has been awarded one of the six winners of the Lightning Round on Big Data at TiEcon 2014, the world’s largest conference for entrepreneurs. Lightning Round Winner signifies leadership amongst its peers and innovative technologies that are likely to disrupt existing markets and entrenched players. These companies were specially selected by the TiEcon 2014 content advisory team based on a set of criteria including innovation, market potential and commercialization.
“Enterprises take decisions based only a tiny fraction of the available data. Over 85% of the data is never analyzed, primarily because it is in an unstructured text format, residing in documents across various repositories like SharePoint, Documentum, Livelink, Google, Dropbox and Box,” said Yogen Kapadia, CEO and Founder of Infinote. “Infinote addresses this 85% of the data, brings structure to the world of unstructured text and makes it available for analysis. With Infinote, staff can analyze the impact of a content change in a click, update hundreds of documents in another click and automatically generate a changelog, ensuring complete compliance with regulatory requirements at all times.”
“TiEcon Big Data Lightning Round winners are amongst the hottest companies to watch as they enable democratization of Big Data for the masses,” quotes Piyush Malik, the co-chair of TiEcon 2014 Big Data Track and Worldwide Big Data Analytics Center of Excellence Leader at IBM. “These companies are making the power of advanced analytics enabled decision making accessible to mere mortals like most of us non-quants. Addressing today’s challenges of storing, managing and analyzing data to create the future, each of them aims to provide a fast, easy and reliable path to turning Big Data into business insight.”
About Infinote: Infinote intelligently links, analyzes and monitors content across all Enterprise Content Repositories. It is the world’s first and only solution that brings the power of Big Data text analytics, in just a click, right within Microsoft Word. Founded in 2011 in the Silicon Valley, Infinote was conceived and developed by quality, regulatory, and compliance professionals who had grown tired of searching for and updating policies and procedures across thousands of documents to ensure compliance in regulated industries. This real-world experience has helped Infinote build practical, purpose-built software designed to make the lives of professionals who work with documents more efficient and productive. For more information on Infinote, visit www.infinote.com.
About TiEcon: TiEcon is the world’s largest conference for entrepreneurs and intrapreneurs with loyal participation from top technology companies, leading venture capital firms, and global service providers. TiEcon was listed by Worth Magazine in its September 2011 issue to be among the 10 Best Conferences for Ideas and Entrepreneurship along with TED and the World Economic Forum. For more information on TiEcon, visit www.tiecon.org.
SharePoint, Documentum, Livelink, Dropbox and Box are trademarks of their respective corporations.
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