Sinequa announces revenues of $12.8 million for the fiscal year ended December 31, 2009. This is the seventh consecutive year that the company has been operationally profitable.
Online PR News – 24-June-2010 – – Sinequa announces revenues of $12.8 million for the fiscal year ended December 31, 2009. This is the seventh consecutive year that the company has been operationally profitable.
85% of revenue comes from license sales and maintenance and 15% comes from services and consulting.
In terms of geographical distribution, Sinequa’s income is split between 7% from the U.S. and 93% from Europe.
75% of Sinequa’s revenue comes from very large companies or government organizations. The largest sectors in Sinequa’s portfolio include finance, consulting, and the public sector, followed by media and industry.
New customers signed include Mercer, Crédit Agricole, Rhodia, SNPE, the European Society of Cardiology and Sogeti.
Jean Ferré, President & CEO of Sinequa, comments on the results: "In the last months, Sinequa signed several contracts worth over a million dollars, two of which exceeded two million dollars. This increase in the size of contracts and our turnover is a result of the technological maturity of Sinequa Enterprise Search 7 in a market that is beginning to take shape. We do not only provide a technological platform, but a complete application: this is why our customers select Sinequa. All these contracts have been won after being in competitive Proof-Of-Concepts where Sinequa demonstrated its technological strength.”
The Sinequa solution is positioned by partners and customers as a strategic brick in the information system of the enterprise, enabling both internal search on all data (Enterprise Search), and the creation of applications using enterprise data and the power of search to facilitate the work of employees within their business context (Search Based Applications). In both cases, what differentiates Sinequa in addition to its advanced semantic features is its ability to absorb all corporate data and efficiently manage large volumes, security constraints and multiple sources.
About SINEQUA - www.sinequa.com
Sinequa delivers business search from a business point of view. The Sinequa Platform is an all-in-one solution that offers both customizable, real-time business search and enables users to create search-based applications according to industry, operational, individual and data needs.
Sinequa provides the context that tames information complexity inherent in large, global organizations, giving people more relevant, complete and actionable answers. Based on patented semantics technology and more than 20 years of experience in linguistics research, Sinequa delivers better results “from ask to act.”
Sinequa navigates and synthesizes information from structured applications, unstructured information and people data, regardless of source or volume. Sinequa’s scalable GRID architecture manages massive data volumes and thousands of users efficiently; built-in connectors and open APIs integrate easily and securely with existing applications and systems.
Proven inside 250 of the world’s largest and most information-intensive organizations in services, manufacturing, media, banking, consumer products and government, Sinequa delivers faster immediate time to value, high user acceptance and powerful long-term flexibility.