Two Portfolio Companies Named to Deloitte 2016 North America Technology Fast 500™ Rankings
FSAStore.com #156 and CMC #484 **Click here to view complete list**
SAN FRANCISCO, Nov. 16, 2016—Deloitte today released the 2016 Technology Fast 500, an annual ranking of the fastest growing North American companies in the technology, media, telecommunications, life sciences, and energy tech sectors. Loot Crate claimed the top spot with a growth rate of 66,661 percent from 2012 to 2015.
Based in Los Angeles, Loot Crate delivers monthly curated mystery boxes of entertainment and pop culture themed collectibles to fans. Founded in 2012, Loot Crate has more than 650,000 subscribers worldwide in 35 countries. Loot Crate’s position at the top of this year’s list showcases how innovation isn’t always about new technology and invention, but also about ingenuity, the recombining of existing assets, and know-how in new ways to maximize value.
Awardees are selected for this honor based on percentage fiscal year revenue growth from 2012 to 2015. Overall, 2016 Technology Fast 500 companies achieved revenue growth ranging from 121 percent to 66,661 percent in the 2012 to 2015 time frame, with a median growth of 290 percent.
“Our personal and professional lives are shifting in response to new technologies and business models that are changing the way we work and live,” said Sandra Shirai, principal, Deloitte Consulting LLP and US Technology, Media, and Telecommunications leader. “The 2016 Technology Fast 500 winners are supporting this shift by creating experiences for their customers, surpassing expected possibilities, and helping to envision even more effective and ingenious solutions. Loot Crate is just one example of how effective organizations face disruption with confidence, striving to understand and harness the potential to propel forward. That means taking risks, encouraging experimentation, and embracing transformation.”
“Being recognized by Deloitte as the fastest growing technology company on the Fast 500 List is an incredible honor,” said Chris Davis, CEO and co-founder of Loot Crate. “Our desire to curate unique experiences for our customers through our shared passion for pop culture, games, and entertainment brands gives our fan commerce business a sense of purpose as we scale and makes coming to work a lot of fun.”
The top 10 ranked companies are as follows:
| 2016 Rank | Company | Sector | Revenue growth (2012 to 2015) | City, State |
|---|---|---|---|---|
| 1 | Loot Crate | Digital content/ media/entertainment |
66,661 percent | Los Angeles, California |
| 2 | Yieldbot | Digital content/ media/entertainment |
39,783 percent | New York, New York |
| 3 | ARIAD Pharmaceuticals, Inc. | Biotechnology/pharmaceutical | 21,191 percent | Cambridge, Massachusetts |
| 4 | SearchMarketers.com. | Digital content/ media/entertainment |
16,547 percent | Irvine, California |
| 5 | BounceX | Software | 14,575 percent | New York, New York |
| 6 | Doximity | Software | 14,350 percent | San Jose, California |
| 7 | Gainsight | Software | 12,730 percent | Redwood City, California |
| 8 | Lexicon Pharmaceuticals Inc. | Biotechnology/pharmaceutical | 11,839 percent | The Woodlands, Texas |
| 9 | Datadog | Software | 10,303 percent | New York, New York |
| 10 | AppLovin | Software | 10,276 percent | Palo Alto, California |
Regional innovation remains strong
Deloitte’s Technology Fast 500 winners hail from cities far and wide across North America—from Los Angeles to New York to Canada. Of the dozens of locations represented on the list, some have a particularly strong track record of turning out successful, fast growing companies that are releasing new, emerging technologies.
Silicon Valley, well-known as an innovation hot spot, continues to lead in representation with 20 percent of the companies on the list, 63 percent of which are in the software industry. The New York Metro area and the Greater Los Angeles area came in next, with 17 and 8 percent respectively of companies on the list in software and digital content, and the media and entertainment sectors. Rounding out the top five markets, the District of Columbia dominated in software and New England in software and biotech.
Following is a list of innovative cities with a significant concentration of winners:
| Location | Percenage of list | Fastest-growing company in the region | Overall company ranking | Dominate sectors in location |
|---|---|---|---|---|
| San Francisco Bay Area | 20 percent | Doximity | 7 | Software 63 percent |
| New York Metro Area | 17 percent | Yieldbot | 2 | Software 47 percent; digital content/media/entertainment 25 percent |
| Greater Los Angeles Area | 8 percent | Loot Crate | 1 | Software 49 percent; digital/ content/media entertainment 27 percent |
| Washington, DC | 6 percent | Supernus Pharmaceuticals, Inc. | 12 | Software 63 percent |
| New England | 5 percent | ARIAD Pharmaceuticals, Inc. | 3 | Software 44 percent; biotech 33 percent |
Software companies maintain 21-year stronghold
Software continues to have the greatest impact across technology sectors, representing 58 percent of the entire list and five of the top 10 winners overall. Of the private companies, 44 percent identified themselves in software as a service (SaaS), 24 percent in enterprise software, and 10 percent in security. Since the creation of the ranking, each year software companies have made up the majority of winners, with a median growth rate of 275 percent this year.
Furthermore, biotechnology/pharmaceutical companies make up the second-most prevalent sector in this year’s rankings, comprising 13 percent of the Technology Fast 500. Digital content, media, and entertainment companies follow next with 12 percent of companies representing this year’s list and a median growth rate of 544 percent.
The percentage of companies from industry sectors represented on the Technology Fast 500 are as follows:
| Sector | Percentage | Sector leader | Median revenue growth (2012 to 2015) |
|---|---|---|---|
| Software | 58 percent | BounceX | 275 percent |
| Biotechnology/pharmaceutical | 13 percent | ARIAD Pharmaceuticals, Inc. | 428 percent |
| Digital content/media/entertainment | 12 percent | Loot Crate | 544 percent |
| Medical devices | 5 percent | Strata Skin Sciences, Inc. | 255 percent |
| Communications/networking | 5 percent | MacStadium, Inc. | 199 percent |
| Electronic devices/hardware | 4 percent | FORM Holdings Corp. | 290 percent |
| Semiconductor | 2 percent | Movidius | 209 percent |
| Energy tech | 1 percent | Norbachi | 215 percent |
Majority of companies received venture backing
In the 2016 rankings, 68 percent of the companies were backed by venture capitalists at some point in their company history. Notably, eight of the top 10 companies on the Technology Fast 500 received venture funding.
“Investors continue to remain confident in North American technology companies. Companies that enhance efficiencies through new technologies, enter new markets, and develop new products and business models are the ones who sustain fundraising and will provide a significant return on investment. These are the rising stars,” said Jim Atwell, partner, Deloitte & Touche LLP, and national managing partner of the Emerging Growth Company practice. “The industry understands that while innovation entails taking risks, the absence of innovation is riskier. This is something the Technology Fast 500 winners recognize as they continue to grow and move their companies forward.”
For additional details on the Technology Fast 500, including the complete list and qualifying criteria, visit www.fast500.com. Connect with us on Twitter: @DeloitteTMT; #Fast500.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax, and advisory services to many of the world’s most admired brands, including 80 percent of the Fortune 500. Our people work across more than 20 industry sectors to deliver measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to make their most challenging business decisions with confidence, and help lead the way toward a stronger economy and a healthy society.
Tabula Rasa HealthCare Announces Third Quarter 2016 Operating Results
MOORESTOWN, N.J., Nov 09, 2016 (GLOBE NEWSWIRE via COMTEX) —
Tabula Rasa HealthCare, Inc. (“TRHC”) TRHC, +4.66% a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk, today announced its financial results for the third quarter ended September 30, 2016.
TRHC Chairman and CEO, Calvin H. Knowlton, Ph.D., commented, “I’m pleased with our performance during our first publically reported quarter. We continue to win new business within our core market, PACE (Program of All-Inclusive Care for the Elderly, a Medicare Advantage-type plan), as well as successfully expand our Medication Risk Mitigation platform into adjacent markets with other types of health plans, further proving its scalability.”
Dr. Knowlton continued, “There is significant runway ahead of us as we continue to develop and evolve our proprietary Medication Risk Mitigation platform and address larger patient populations with our goal of improving outcomes and lowering healthcare cost.”
Financial Performance for the Three Months Ended September 30, 2016
All comparisons, unless otherwise noted, are to the three months ended September 30, 2015.
- Total revenue was $24.2 million, an increase of 35%. Total revenue included product revenue of $20.7 million, an increase of 35%, and service revenue of $3.4 million, an increase of 34%.
- Gross margin was 29%, compared to 32%. The year over year decline is primarily related to a mix shift in client and business make-up, as well as to staffing increases associated with upcoming contracts.
- Net loss was $142 thousand, compared to a net loss of $3.3 million. Third quarter 2016 included a $1.4 million expense related to the early extinguishment of debt.
- Net loss per diluted share was $0.08, compared to a net loss per share of $3.21. The net loss per share calculations were based on a diluted share count of 10.3 million for the third quarter of 2016, compared to 4.4 million shares a year ago.
- Non-GAAP Adjusted EBITDA was $3.3 million, compared to $2.4 million, an increase of 38% compared to a year ago. Adjusted EBITDA margin of 13.5% in the third quarter of 2016 compared favorably to 13.2% during the same period in 2015.
- Non-GAAP Adjusted net income per diluted share was $0.06, compared to a net loss per share of $0.01.
A reconciliation of GAAP to non-GAAP results has been provided in this press release in the accompanying tables. Non-GAAP results exclude change in fair value of warrant liability, loss on extinguishment of debt, change in fair value of acquisition-related contingent consideration (income) expense and stock-based compensation expense. An explanation of these measures is also included below under the heading “Non-GAAP Financial Measures”.
Business Outlook
Fourth Quarter 2016 Guidance: Revenue for TRHC’s fourth quarter 2016 is expected to be in the range of $25 million to $26 million. Net loss is expected to be in the range of $6 million to $7 million. Net loss projections include approximately $5 million of expense related to the extinguishment of debt associated with the early repayment of a credit facility in connection with TRHC’s initial public offering, as well as stock based compensation expense of approximately $3.5 million related to restricted stock grants and shares issued in connection with the initial public offering. Adjusted EBITDA is expected to be in the range of $3.5 million to $4.0 million.
Full Year 2016 Guidance: Revenue for fiscal year 2016 is expected to be in the range of $92 million to $93 million. Net loss is expected to be in the range of $6 million to $7 million. Net loss projections include approximately $6.4 million of expense related to the extinguishment of debt, as well as stock based compensation expense of approximately $3.6 million related to restricted stock grants and shares issued in connection with the initial public offering. Adjusted EBITDA is expected to be in the range of $12.5 million to $13.0 million.
TRHC has not provided a reconciliation of projected GAAP Net Income to Adjusted EBITDA guidance because estimates of certain reconciling items cannot be provided without unreasonable effort. Our Adjusted EBITDA guidance for the year ending December 31, 2016, assumes anticipated losses of $6.4 million related to the extinguishment of debt, income of $0.6 million related to the remeasurement of our warrant liability, projected stock compensation of $4.2 million, projected depreciation and amortization charges of $5.1 million and interest expense of $4.5 million. In addition, we assume $0.4 million of income tax expense related to indefinite-lived deferred tax liabilities for goodwill amortization. We cannot provide a reliable forward-looking estimate of certain other reconciling items because they are either event-driven or difficult to quantify without unreasonable effort, in particular the revaluation of our contingent consideration.
Tabula Rasa HealthCare Chairman and CEO Calvin H. Knowlton, PhD to Receive Circle of Excellence – Technology Award from SmartCEO
MOORESTOWN, N.J., Nov. 01, 2016 (GLOBE NEWSWIRE) — Tabula Rasa HealthCare(NASDAQ:TRHC) announced today its Chairman and CEO Calvin H. Knowlton, PhD, has been named a finalist by SmartCEO magazine for its 2016 Circle of Excellence – Technology Award. The Award “recognizes the region’s most accomplished CEOs for business excellence”.
According to SmartCEO, companies are nominated from all size and industry categories, public and private. An independent committee of business leaders selects the winners based on “industry impact, innovation and market leadership”.
“Tabula Rasa HealthCare is devoted to leveraging technology to improve health care,” said Knowlton. “We are at the forefront of precision medicine with solutions that help clients tailor medical treatment to the individual characteristics of each patient. Our cloud-based software applications are designed to identify high-risk individuals, detect susceptibility to adverse drug events (ADEs) and embed proper dosing guidelines.”
TRHC products and services are built around the Company’s proprietary Medication Risk Mitigation Matrix® and other software applications that provide solutions for a range of payors, providers and healthcare organizations. TRHC is the market leader in providing medication risk management, risk adjustment and front-end coding for the Program of All-Inclusive Care for the Elderly (PACE), as well as a leader in pharmacy cost management solutions.
Finalists will be profiled in the November/December issue of SmartCEO magazine. The winners are celebrated at a gala event November 9, 2016 in Philadelphia.
About Tabula Rasa HealthCare
Tabula Rasa HealthCare (NASDAQ:TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. Medication risk management is TRHC’s lead offering, and its cloud-based software applications provide solutions for a range of payers, providers and other healthcare organizations. For more information, please visit: www.TRHC.com.
Contact: Media Dianne Semingson dsemingson@TRHC.com T: 215-870-0829 Investors Bob East or Asher Dewhurst Westwicke Partners 443-213-0500 tabularasa@westwicke.com
Tabula Rasa Healthcare to Announce Third Quarter 2016 Operating Results and Host Conference Call on Wednesday, November 9, 2016
MOORESTOWN, N.J., Oct. 26, 2016 (GLOBE NEWSWIRE) — Tabula Rasa HealthCare, Inc.(NASDAQ:TRHC), a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk, will release its third quarter 2016 operating results on Wednesday, November 9, 2016 after market close, with a conference call to follow at 5:00 p.m. EDT.
Stockholders and interested participants may listen to a live broadcast of the conference call by dialing 844-413-0947 or 216-562-0423 for international callers, and referencing participant code 98688454 approximately 15 minutes prior to the call. A live webcast of the conference call will be available on the investor relations section of the company’s web site and an audio file of the call will also be archived for 90 days at ir.trhc.com. After the conference call, a replay will be available until December 9, 2016 and can be accessed by dialing 855-859-2056 or 404-537-3406 for international callers, and referencing participant code 98688454.
About Tabula Rasa HealthCare
Tabula Rasa HealthCare (TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. Medication risk management is TRHC’s lead offering, and its cloud-based software applications provide solutions for a range of payers, providers and other healthcare organizations. For more information, please visit: www.tabularasahealthcare.com.
Contact: Investors Bob East or Asher Dewhurst Westwicke Partners 443-213-0500 tabularasa@westwicke.com Media Dianne Semingson dsemingson@TRHC.com 215-870-0829
Tabula Rasa Healthcare, Inc.
Tabula Rasa HealthCare Announces Closing of Initial Public Offering and Exercise of Over-Allotment Option
MOORESTOWN, N.J., Oct. 04, 2016 (GLOBE NEWSWIRE) — Tabula Rasa HealthCare, Inc.(NASDAQ:TRHC), a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk, today announced the closing of its initial public offering of 4,945,000 shares of common stock at an initial public offering price of $12.00 per share, which includes the exercise in full by the underwriters of their option to purchase up to 645,000 additional shares of common stock. All of the shares in the offering were offered by Tabula Rasa. Tabula Rasa’s common stock is listed on the NASDAQ Global Marketunder the ticker symbol “TRHC.” Tabula Rasa estimates net proceeds from the offering to be approximately $51.6 million, after deducting underwriting discounts and commissions and estimated offering expenses.
Wells Fargo Securities and UBS Investment Bank acted as joint-book running managers for the offering. Piper Jaffray also acted as a book-runner and Baird and Stifel acted as co-managers for the offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on September 28, 2016. The offering will be made only by means of a written prospectus forming part of the effective registration statement. A copy of the final prospectus relating to this offering, when available, may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov, or alternatively, from: Wells Fargo Securities, LLC by mailing: Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, by email: cmclientsupport@wellsfargo.com or by Telephone: (800) 326-5897, or from UBS Securities LLC by mailing: Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019 or by Telephone: (888) 827-7275.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Tabula Rasa HealthCare
Tabula Rasa HealthCare (TRHC) is a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk. Medication risk management is TRHC’s lead offering, and its cloud-based software applications provide solutions for a range of payers, providers and other healthcare organizations. For more information, please visit: www.tabularasahealthcare.com.
Contact Bob East or Asher Dewhurst Westwicke Partners 443-213-0500 tabularasa@westwicke.com
Tabula Rasa Healthcare, Inc.
Tabula Rasa HealthCare Announces Pricing of Initial Public Offering
MOORESTOWN, N.J., Sept. 28, 2016 (GLOBE NEWSWIRE) — Tabula Rasa HealthCare, Inc.(NASDAQ:TRHC), a leader in providing patient-specific, data-driven technology and solutions that enable healthcare organizations to optimize medication regimens to improve patient outcomes, reduce hospitalizations, lower healthcare costs and manage risk, today announced the pricing of its initial public offering of 4,300,000 shares of its common stock, at a price of $12.00 per share, before underwriting discounts and commissions. All of the common stock is being offered by Tabula Rasa. The shares are expected to begin trading on The NASDAQ Global Market on September 29, 2016, under the symbol “TRHC.” In addition, Tabula Rasa granted the underwriters a 30-day option to purchase up to 645,000 additional shares of its common stock at the public offering price, less underwriting discounts and commissions. This offering is expected to close on October 4, 2016, subject to customary closing conditions.
Wells Fargo Securities and UBS Investment Bank are acting as joint-book running managers for the offering. Piper Jaffray is also acting as a book-runner, with Baird and Stifel acting as co-managers for the offering.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission and was declared effective on September 28, 2016. The offering will be made only by means of a written prospectus forming part of the effective registration statement. A copy of the final prospectus relating to this offering, when available, may be obtained for free by visiting EDGAR on the SEC’s website at www.sec.gov, or alternatively, from: Wells Fargo Securities, LLC by mailing: Attention: Equity Syndicate Department, 375 Park Avenue, New York, NY 10152, by email: cmclientsupport@wellsfargo.com or by Telephone: (800) 326-5897, or from UBS Securities LLC by mailing: Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019 or by Telephone: (888) 827-7275.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Contact Bob East or Asher Dewhurst Westwicke Partners 443-213-0500 tabularasa@westwicke.com
BA Insight and LexisNexis Partner to Optimize Research Capabilities for Law Firms
Lexis Search Advantage Combined with BA Insight’s Software Portfolio Provides Legal Professionals with Enhanced Search, Validation and Insights capabilities through Microsoft SharePoint
Boston, MA – June 6, 2016 –BA Insight and LexisNexis Legal & Professional today announced a strategic alliance that integrates Lexis Search Advantage natively into law firms’ Microsoft SharePoint environments using the BA Insight Software Portfolio to optimize legal research, drafting and review processes. By layering Lexis Search Advantage capabilities on top of their BA Insight knowledge management systems, law firms open up access to the full capabilities and content of LexisNexis research solutions – reaping significant efficiency and quality benefits.
Lexis Search Advantage enriches and simplifies the legal research workflow by enabling legal professionals to search and vet their firm’s internal documents easier, and then validate and extend their research to the extensive portfolio of LexisNexis legal research tools and resources such as Lexis Advance, Shepard’s Citation Service, LexisNexis Litigation Profile Suite, as well as the open Web.
The new offering integrates Lexis Search Advantage content enrichment and services with BA Insight’s products such as Visual Refiners, Smart Previews, Expertise Locator, Matter Comparison and User-Generated InfoSites.
“Our partnership with BA Insight empowers law firms to maximize the benefits of their SharePoint environments to deliver a higher quality research experience to their users through the value-added services from Lexis Search Advantage,” said Jeff Pfeifer, Vice President, Product Management at LexisNexis. “The deep integration with Lexis Advance puts trusted legal resources and validation tools at users’ fingertips, providing greater search precision, direct access to deeper insights and real-time tools to validate the findings—all just one click away.”
Attorneys and legal professionals can work directly within SharePoint and enjoy seamless, powerful access to the resources they need, when they need them, in a way that is a natural fit for their everyday workflow, such as:
- Locate relevant background information on legal entities and citations in your documents and emails via links that are added in real-time.
- Quickly confirm that citations on legal documents are still good law. This is done by associating citation analysis from the LexisNexis Shepard’s Citations Service directly to citations contained within documents returned by BA Insight.
- Conduct more effective research by adding metadata via the LexisNexis categorization service and surfacing it with BA Insight’s Visual Refiners, enjoying quicker and more intuitive exploration across a broader range of criteria.
“Through this partnership, the capabilities of Lexis Search Advantage are made available to all SharePoint customers, streamlining the research process for legal professionals and reducing the time spent searching for relevant content,” said Massood Zarrabian, CEO of BA Insight. “When combined with the BA Insight Software Portfolio, users benefit from a range of capabilities that provide an intuitive search experience to quickly surface relevant information and resolve client issues more efficiently.”
Additionally, Lexis Search Advantage users can further boost their productivity by leveraging the service’s integration with Lexis for Microsoft Office, an industry-leading workflow tool that brings the documents, insights and value-add from Lexis Search Advantage directly into the user’s Microsoft Word or Outlook documents.
About BA Insight
BA Insight’s software addresses the Speed to Information challenge organizations face by quickly connecting SharePoint users to the knowledge they need – linking key enterprise systems with an easy-to-implement, use and upgrade software portfolio. Our software enhances SharePoint out-of-the-box, increasing user adoption while decreasing user complaints. It replaces slow, high effort, and expensive customized approaches with easy to use, off-the-shelf software.
Our software portfolio includes connectors and federation to provide secure connectivity to a wide variety of systems; classification that increases findability using auto-tagging, metadata generation, and text analytics; and applications with search squarely at the interface of users and information.
Hundreds of organizations and millions of users benefit from BA Insight’s software on a daily basis to provide compelling intranets that people love to use including Australian Government Department of Defence, CA Technologies, Chevron, Deloitte, Ford Motor Company, Keurig Green Mountain, Pfizer, and Travers Smith. BA Insight is a Microsoft Gold Certified Partner, a member of the Microsoft Enterprise Cloud Alliance, and an Elastic Partner.
Visit www.BAinsight.com for more information and follow us at @BAinsight.
About LexisNexis® Legal & Professional
LexisNexis Legal & Professional is a leading global provider of content and technology solutions that enable professionals in legal, corporate, tax, government, academic and non-profit organizations to make informed decisions and achieve better business outcomes. As a digital pioneer, the company was the first to bring legal and business information online with its Lexis® and Nexis® services. Today, LexisNexis Legal & Professional harnesses leading-edge technology and world-class content to help professionals work in faster, easier and more effective ways. Through close collaboration with its customers, the company ensures organizations can leverage its solutions to reduce risk, improve productivity, increase profitability and grow their business. LexisNexis Legal & Professional, which serves customers in more than 175 countries with 10,000 employees worldwide, is part of RELX Group plc, a world-leading provider of information and analytics for professional and business customers across industries.
LexisNexis Media Contact:
Christine Alberti
Sr. Director, Communications
LexisNexis Legal & Professional
christine.alberti@lexisnexis.com
212.448.2118
BA Insight and Recommind Announce Strategic Partnership
Combines Recommind’s Decisiv Search with BA Insight’s software portfolio, delivering superior search through SharePoint
Boston, MA – January 26, 2016 – BA Insight, a leading provider of connectivity, metadata classification and user interaction software for SharePoint, and Recommind, a leading provider of Enterprise Search, eDiscovery and Contract Analysis software, today announced a strategic alliance to integrate Decisiv Search natively into SharePoint using the BA Insight software portfolio. BA Insight products will be able to leverage the full power of Decisiv Search for analytics, smart previews and in applications such as expertise location and user-generated infosites.
Organizations that use Decisiv software can now deploy SharePoint portals and intranets using the full range of BA Insight’s software portfolio, significantly improving the way organizations find and work with content inside and outside of SharePoint. Organizations that use SharePoint can now integrate Decisiv Search as an alternative to the native SharePoint search, or use both in combination.
“This alliance brings Recommind’s world class search capability to all SharePoint customers, and combined with the power of the BA Insight software portfolio it seamlessly provides a range of capabilities that extend far beyond SharePoint out of the box to help users quickly find the information they need,” said Massood Zarrabian, CEO of BA Insight. “BA Insight’s close Microsoft relationship, combined with this strategic alliance with Recommind, protects customers’ investments as SharePoint and Office 365 evolve.”
Decisiv Search provides powerful concept-based search technology to connect relevant information in document management, records management, portal and e-mail systems and a myriad other applications and databases with the users that need it.
“Our collaboration with BA Insight provides a best of breed integration of the award winning Decisiv Search into SharePoint. This allows customers to easily and securely access information stored in multiple data sources from within their SharePoint environment, enabling them to quickly find the precise documents and experts they need to do their jobs,” said Jerome Levadoux, SVP Product Management and Marketing at Recommind.
About BA Insight
BA Insight’s software addresses the Speed to Information challenge organizations face by quickly connecting SharePoint users to the knowledge they need – linking key enterprise systems with an easy-to-implement, use and upgrade software portfolio. Our software enhances SharePoint out-of-the-box, increasing user adoption while decreasing user complaints. It replaces slow, high effort, and expensive customized approaches with easy to use, off-the-shelf software.
Our software portfolio includes connectors and federation to provide secure connectivity to a wide variety of systems; classification that increases findability using auto-tagging, metadata generation, and text analytics; and applications with search squarely at the interface of users and information.
Hundreds of organizations and millions of users benefit from BA Insight’s software on a daily basis to provide compelling intranets that people love to use including Australian Government Department of Defence, CA Technologies, Chevron, Deloitte, Ford Motor Company, Keurig Green Mountain, Pfizer, and Travers Smith. BA Insight is a Microsoft Gold Certified Partner, a member of the Microsoft Enterprise Cloud Alliance, and an Elastic Partner.
Visit www.BAinsight.com for more information and follow us at @BAinsight.
About Recommind
Recommind’s enterprise search software dramatically improves access to a wide variety of information across large, distributed enterprises. Recommind’s advanced analytics help legal teams identify the facts that matter for eDiscovery, investigations, contract analysis, and knowledge management. Our clients include AstraZeneca, BMW, Cisco, Clifford Chance, Marathon Oil, Morgan Lewis, the U.S. Securities and Exchange Commission (SEC), Swiss Re, the U.S. Department of Energy (DOE), White & Case, and WilmerHale. Recommind is headquartered in San Francisco and has offices in New York, Boston, London, and Bonn. For more information go to www.recommind.com.
Natural Insight Mobile App Reinvents Retail Merchandising and Field Marketing
| New WorkTrak App Simplifies Work for Hourly Employees with Android and iOS Devices
STERLING, VA – December 3, 2015 – Natural Insight, a leading provider of cloud-based Workforce Management Software for retail merchandising and field marketing, announced today the availability of WorkTrak, a new Mobile App for Android™ and iOS® devices. The new native application leverages Natural Insight’s already best-in-class HTML5 architecture and delivers a rich user experience that simplifies scheduling, time keeping, task management, photo capture, and data reporting for more than 80,000 hourly workers executing merchandising and marketing programs across the entire retail ecosystem. “Throughout our history we’ve been dedicated to making hourly and mobile work easier for both employers and employees,” said Stefan Midford, CEO of Natural Insight. “Today, we’re taking a big step forward by injecting new level of mobile productivity into our platform that gives customers the flexibility to choose between a world-class web solution that works on any device in any browser – or, a native application that enables rich user experiences on Android and iOS devices.” “Retail field operations are critical to our business and that’s why we partner with Natural Insight to schedule staff, capture time and attendance, collect data, and measure operational results in real time,” said Mike Skinner, Chief Technology Officer of ActionLink. “And now, with WorkTrak, our users will have the added benefit of a native application experience.” The Best of Both Worlds: Natural Insight has been a long time innovator in delivering HTML5 and BYOD-friendly mobile productivity solutions that work seamlessly on any browser and any device. Now, with the introduction of WorkTrak, Natural Insight is extending its HTML5 innovation to include a native application experience for workers equipped with Android and iOS devices. Architecture Summary: WorkTrak extends and enhances Natural Insight’s existing web architecture by delivering a native wrapper experience that presents the user with identical capabilities otherwise available in a web browser experience. Therefore, the end-user experience is familiar and comfortable, and yet it harnesses the power of the device-side services to enhance off-line functionality and large volume photo capture. Native Features:
About Natural Insight |
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Media Contacts: Matt Howard VP, Sales & Marketing mhoward@naturalinsight.com |
BA Insight Awarded Most Innovative Cloud/Hybrid Solution at European SharePoint Conference
17 November 2015 by Peter O Neill
The European SharePoint Community Awards are an integral part of the European SharePoint Conference and Community and were held this year in the magical Stockholm City Hall – home of the Nobel Peace Prize. Our sincere thanks to everyone who took part in this years awards, to all those who submitted entries and especially to our community for casting their votes and selecting the winners.
We are delighted to announce the following companies have been voted as the winners in their respective categories by European SharePoint Community Members in 2015:
1. Best Office 365 Add In – FlowForma –Established in 2012, FlowForma supports organisations in adhering to consistent business process management, improved organisational efficiency and productivity through innovative technology. Headquartered in Dublin with offices in London and Lithuania, FlowForma is a subsidiary of Irish IT solutions provider, Ergo.
2. Best Office 365 Solution – Beezy — Beezy provides the most robust and comprehensive social collaboration solution for the SharePoint platform, whether online or on prem.
3. Best SharePoint Solution – WEBCON — Since the very beginning of its existence, WEBCON has been dedicated to just one goal: making the best platform for quick development of business applications based on SharePoint.The extremely effective product and rapidly growing international partnership network, made WEBCON one of the most dynamically growing companies in the area of BPM systems for SharePoint. According to independent research conducted by InfoCredit, just between 2012 and 2014, the company’s value increased six times!
4. Best Mobile Solution – GRADIENT — GRADIENT is an innovative leader in Document Capture in SharePoint, allowing to scan from virtually all devices, easy importation into SharePoint Libraries and superior OCR indexing for immediate inventory, search, and retrieval. GRADIENT helps enterprises smash the scan & capture barrier, easily handle batches of mixed document types, offer enhanced document recognition, and mobility.With three offices in the,USA,Europe and Australia.
5. Best Social Solution – Dell Software — Dell Software worked closely with Microsoft and our channel partners to gather requirements necessary to fill this huge hole in the market. Dell Migration Manager for Enterprise Social directly addresses the problem of maintaining too many social platforms by centralizing social content and collaboration in one place and migrating off Jive to Microsoft Yammer.
6. Most Innovative Cloud/Hybrid Solution – BA Insight 
BA Insight’s solution is highly innovative and brings leading edge capabilities to the market.
No other solution provides the breath of connectivity, the depth of capabilities, or the flexibility to handle such a variety of configurations and requirements. Examples of unique innovations:
- The ability to merge results seamlessly into a single virtual index
- Plug-compatible APIs for CEWS and the Search OM that allow other products and customizations to work seamlessly
- High-throughput, light-touch methods for connectivity across a wide range of systems
- Full integration of Elasticsearch and SharePoint
- Add-in model for adding metadata to O365 including the Office Graph
BA Insight have worked intimately with Microsoft within TAP programs for the Cloud SSA, the Office Graph, and O365 APIs to ensure that we are leveraging the latest Microsoft innovations and providing a robust solution early. The company have released it in lockstep with Microsoft’s releases so that customers could benefit from it as soon as possible. Microsoft has cited this as an innovative partner solution and states, “With BA Insight’s products, Office 365 customers can now take advantage of our cloud experiences for all of their content.”We have paid attention to the concerns of our EC customers with this solution, tackling the problems they have brought to us around distributed configurations, administration, data residency, privacy, and compliance- ensuring that they can solve them with our product.Many SharePoint customers are struggling to adapt to Microsoft’s “Cloud First/Cloud Only” model. BA Insight believe their Connectivity for Hybrid SharePoint solution will help their clients to leapfrog ahead. Find out more by visiting bainsight.com.