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| [September 25, 2008] |
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Endeca Accelerates Solutions, Capabilities Aimed at Media and Publishing
CAMBRIDGE, Mass. --(Business Wire)-- Endeca Technologies, Inc., a search and information access software company, today announced a plan to accelerate investments in the company's media and publishing business. Resulting innovations, designed specifically for media, publishing and creative agency businesses, will include increasingly sophisticated search, content publishing, social networking and rich media capabilities. These investments build upon Endeca's success online media, classifieds and directories solutions - more than 150 clients including many of the most highly trafficked media sites on the web -- while introducing new enterprise offerings to help manage and reuse digital assets. The initial solutions, tools and new capabilities, set to debut in the next three to six months, are designed to help business-to-business and business-to-consumer publishers, media companies and creative agencies monetize assets, create new revenue streams, extract new value from existing assets, and rapidly adapt to new models and shifting user expectations.
"Media and publishing represents one of Endeca's largest and fastest growing areas of focus," said Steve Papa, CEO of Endeca. "Web and mobile platforms, once seen as a required complement to traditional print and broadcast mediums, have rapidly become the primary area for new product creation and revenue growth. We're working closely with our most innovative clients and partners to develop next-generation offerings that deliver a differentiated cross-medium experience, simplify the re-use of content across media platforms, and create new opportunities to monetize text, audio and video assets."
More than 150 media and publishing companies -- leading book publishers, B2B trade publishers, cable & television companies, classifieds & directories providers, and newspapers & magazine publishers -- rely on Endeca to increase content downloads, boost subscriptions, create new advertising revenue and differentiate themselves from competitive offerings. Over the past three years, Endeca's media and publishing business has more than doubled. Over the same period it has added dozens of clients, including market leaders like Adenclassifieds, Auto Trader UK, Bauer Consumer Media, Discovery Communications, LexisNexis, Lonely Planet, Scholastic, Scripps Networks, Simon & Schuster, William Reed, and Yellow Pages Singapore. Clients continue to experience improved business results after using Endeca. Customers like ALM saw a 130 percent increase in page views on its Law.com site, Auto Trader UK saw a 3.5 million hour increase in time spent on site looking at advertised vehicles, and Bauer Consumer Media saw a 30 percent increase in repeat visitors.
About Endeca
Endeca's innovative information access software helps people explore, analyze, and understand complex information, guiding them to unexpected insights and better decisions. The Endeca(R) Information Access Platform, built around a new class of access-optimized database, powers applications that combine the ease of searching and browsing with the analytical power of business intelligence. More than 500 leading global organizations including ABN AMRO, Boeing, Cox Newspapers, the (US) Defense Intelligence Agency, Dell, Ford Motor Company, Hyatt, IBM, John Deere, the Library of Congress, Texas Instruments, and Walmart.com rely on Endeca to power business-critical applications that increase revenue, reduce costs, and streamline operations.
Headquartered in Cambridge, Mass., Endeca has operations in North America, Europe, and Asia. For more information: endeca.com or info@endeca.com.
Endeca and Guided Navigation are registered trademarks, and MDEX Engine and Guided Summarization are trademarks of Endeca Technologies, Inc. All other product and service names mentioned herein are or may be registered trademarks or trademarks of their respective companies or organizations.
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