Welcome!

Containers Expo Blog Authors: Kareen Kircher, Stefan Bernbo, Sematext Blog, Greg O'Connor, Pat Romanski

News Feed Item

Coveo Sees Strong Momentum Helping Companies Generate Actionable Insight From Big, Unstructured and Structured Data

Coveo sees increased market adoption of Unified Indexing and Insight platform as executives begin to understand that search is how information is accessed in the 21st century

QUEBEC -- (Marketwire) -- 02/06/13 --


  • Coveo today announced it achieved several major milestones in 2012, led by rapidly accelerating demand for the company's highly advanced Enterprise Search technology, built on its award-winning Unified Indexing and Insight platform. Milestones in 2012 included record-setting revenues, cutting-edge product development and multiple industry recognitions.

2012 Adoption and Growth

  • During 2012 Coveo achieved consecutive growth, quarter-over-quarter that built throughout the year. The fourth quarter of 2012 was the highest-grossing quarter in the company's history, capping off 40 percent year-over-year growth for the quarter and the year. During 2012, Coveo saw accelerating market adoption of its Unified Indexing and Insight platform, including new brands such as Apex Analytics, Fortinet, FM Global, Golder Associates, Harris Corporation, L'Oreal Switzerland, 3i Group, SOGIQUE, SunGard, and Tokyo Electron Limited (TEL), among many others.

  • To support its growing customer base and new phase of growth, Coveo welcomed cloud technology veteran Guy Gauvin as its Chief Operating Officer in September.

Groundbreaking Innovation

  • Coveo maintained a rapid pace of innovation in 2012 with the launch of Coveo for Salesforce, an application that transforms service performance. Embedded within the Salesforce Service Cloud User Interface, the application automatically "reads" case information and recommends relevant content and experts to help the agent solve each case quickly and effectively, regardless of where the information resides. Coveo solves the challenge of information fragmentation -- in social media, the cloud, and in enterprise systems -- by instantly assembling and presenting the most relevant information based on the user's context. Deeply embedded in Salesforce and configured specifically for Service Cloud, it solves the pain of users leaving Salesforce to access information from multiple other systems, as well as seeking data from throughout the Salesforce infrastructure. Agents solve customer challenges faster, reducing costs and increasing customer satisfaction.

New Round of Investment

  • Coveo secured $18 million in funding in December 2012 in a round led by Tandem Expansion Fund, Canada's largest late-stage technology investment firm. The investment supports Coveo's expansion as the market continues to grow for solutions that enable actionable insight from Big Data.

Industry Awards & Recognition
Industry organizations and the media credited Coveo in 2012 as a technology visionary:

Partnerships & Support

  • In 2012, Coveo and Sitecore announced a renewed partnership following a solid record of successful joint implementations. The two companies have partnered to bring more personalized website search, increased relevance and advanced customer engagement to more than 80 customer projects, including GE Healthcare, CA Technologies, PFC Energy and Think Mutual Bank. The Sitecore partnership is an indispensable element in Coveo's strategy to help end users around the world gain the right insight to accomplish their goals.

Supporting Quote:

  • Louis Tetu, Chairman and CEO, Coveo: "To say that 2012 was an exciting year for Coveo is an understatement, particularly with the launch of Coveo for Salesforce -- a true game changer. We helped more companies overcome the 'Insight Deficit' of overwhelming, fragmented and disparate data -- caused by the perfect storm of Big Data, exploding social media content and the move of many IT systems to the cloud. Hundreds of Coveo customers around the globe are leveraging collective knowledge to better serve their own customers, increase product innovation and quality, and help employees make more informed decisions. In 2013, our goal is to help our growing number of customers derive actionable insights from their existing data to gain a competitive advantage."

About Coveo
Coveo's advanced, Unified Indexing and Insight platform redefines how people access and share fragmented knowledge around the social enterprise. Coveo brings together the collective and yet fragmented information from social, on-premise, and cloud-based systems, and makes it actionable for every user and customer, every time. Coveo connects people to contextual content, and through content, to relevant people. This enables more efficient customer service, increased sales, shorter sales cycles, faster innovation for better product development and increased profitability. Coveo's advanced, Unified Indexing and Insight platform securely connects with and crawls all systems to create a virtual integration layer, by federating and normalizing structured and unstructured information.

The Company's lines of business bring actionable insight to Customer Service operations, high-end websites for personalized online experiences, and advanced enterprise search initiatives, so that all knowledge workers can tap into the collective knowledge and stop reinventing the wheel. More than 2,000,000 people globally and more than 400 companies use Coveo to achieve their business goals. Among Coveo customers are CA Technologies, L'Oreal Switzerland, Lockheed Martin, YUM! Brands, GEICO and SunGard. For more information, visit www.coveo.com, follow us on Twitter @coveo or like us on Facebook.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today Telecom Reseller has been named “Media Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Telecom Reseller reports on Unified Communications, UCaaS, BPaaS for enterprise and SMBs. They report extensively on both customer premises based solutions such as IP-PBX as well as cloud based and hosted platforms.
Smart Cities are here to stay, but for their promise to be delivered, the data they produce must not be put in new siloes. In his session at @ThingsExpo, Mathias Herberts, Co-founder and CTO of Cityzen Data, will deep dive into best practices that will ensure a successful smart city journey.
DevOps at Cloud Expo, taking place Nov 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long dev...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
With so much going on in this space you could be forgiven for thinking you were always working with yesterday’s technologies. So much change, so quickly. What do you do if you have to build a solution from the ground up that is expected to live in the field for at least 5-10 years? This is the challenge we faced when we looked to refresh our existing 10-year-old custom hardware stack to measure the fullness of trash cans and compactors.
The emerging Internet of Everything creates tremendous new opportunities for customer engagement and business model innovation. However, enterprises must overcome a number of critical challenges to bring these new solutions to market. In his session at @ThingsExpo, Michael Martin, CTO/CIO at nfrastructure, outlined these key challenges and recommended approaches for overcoming them to achieve speed and agility in the design, development and implementation of Internet of Everything solutions wi...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
I wanted to gather all of my Internet of Things (IOT) blogs into a single blog (that I could later use with my University of San Francisco (USF) Big Data “MBA” course). However as I started to pull these blogs together, I realized that my IOT discussion lacked a vision; it lacked an end point towards which an organization could drive their IOT envisioning, proof of value, app dev, data engineering and data science efforts. And I think that the IOT end point is really quite simple…
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Is the ongoing quest for agility in the data center forcing you to evaluate how to be a part of infrastructure automation efforts? As organizations evolve toward bimodal IT operations, they are embracing new service delivery models and leveraging virtualization to increase infrastructure agility. Therefore, the network must evolve in parallel to become equally agile. Read this essential piece of Gartner research for recommendations on achieving greater agility.
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Akana has announced the availability of version 8 of its API Management solution. The Akana Platform provides an end-to-end API Management solution for designing, implementing, securing, managing, monitoring, and publishing APIs. It is available as a SaaS platform, on-premises, and as a hybrid deployment. Version 8 introduces a lot of new functionality, all aimed at offering customers the richest API Management capabilities in a way that is easier than ever for API and app developers to use.