Customer Service
29 January 2007
Vivisimo Announces Record Growth in 2006
Enterprise Search Leader Exceeds 30% Profit Margin; Third Year of Profitability
Pittsburgh, PA—Vivisimo (vivisimo.com), a leading provider of search software and expertise, today announced that the company has exceeded 30% profit for the calendar year 2006, achieving its third consecutive year of profitability. A cash flow positive operation, Vivisimo secured business with existing customers and dozens of new customers including Bitratings, Cisco Systems, U.S. Department of Defense, ExLibris, Guidestar UK, Procter and Gamble, Serials Solutions, Social Security Administration, USAGov (formerly FirstGov), U.S. Bureau of Economic Affairs, and U.S. News and World Report.
"2006 was another banner year for Vivisimo," said Raul Valdes-Perez, CEO of Vivisimo. "We accredit the fantastic market growth to our unique enterprise search technology, focus on the end user experience to achieve Search Done Right, and commitment to excellent customer service."
Vivisimo's results from 2006 included the following highlights:
- Expanded international reach with the opening of a UK office as well as the establishment of a Japanese partnership with Groupnet Corporation
- Experienced more than 60% employee headcount growth
- Introduced Vivisimo Velocity 5.0 to the marketplace as a simplified, superior end user experience for Search Done Right
- Introduced Vivisimo Velocity 5.1 with secure connectors for a variety of applications, as well as support for Windows and Solaris operating systems
- Partnered with EMC through the EMC Documentum Application Developer Program
- Received industry accolades including: eContent 100, KMWorld's Trend-Setting Product of the Year 2006, Red Herring 100 North America Company, KMWorld's 100 Companies that Matter in Knowledge Management, InfoWorld 2006 Best Enterprise Search Award, 2006 Carnegie Science Center Awards for Excellence and The Pittsburgh Tech 50
"We've had tremendous positive global response from customers and partners to the introduction of Velocity 5.0," said Jerome Pesenti, chief scientist of Vivisimo. "We anticipate that 2007 will be a watershed year for organizations of all sizes and industries to demand true enterprise-strength search as a must-have technology for business."
The Vivisimo Velocity platform provides large organizations with innovative search solutions that allow users to find, access, explore and manipulate all available content, regardless of location. It combines the simplicity of consumer search with the flexibility and control of enterprise software to help organizations reap the benefits of increased user adoption and satisfaction without compromising on performance, scalability, security or the ability to configure a solution specific to its business environment.
About Vivisimo
Vivisimo does search right by combining the simplicity and innovation of consumer search with the flexibility and control of enterprise software. The company works with customers to understand their goals and quickly deploy solutions that maximize the business value of information—with an interface users love. Vivisimo serves its global client base through headquarters in Pittsburgh, PA, and Paris, France, and partners throughout the world. Please visit vivisimo.com to learn more about us and visit our Search Done Right blog to learn more about enterprise search.
