Verity® Collaborative Classifier Solution Selected as "2005 Trendsetter" by KMWorld Magazine
SUNNYVALE, Calif - 2005-08-23 - Verity Inc. (NASDAQ: VRTY), a leading provider of enterprise search software that enables organizations to discover, analyze and process all the digital information within their enterprises, today announced that its Verity Collaborative Classifier (VCC) technology has been selected by KMWorld magazine as a "2005 Trendsetter." An add-on module to Verity's K2 Enterprise search software, VCC enables global organizations to better manage search taxonomies and maximize the return on their intellectual capital investment.
"Our panel of judges evaluated more than 200 vendors for a combined total of 1,200 technology offerings. We then narrowed down the list to 98 top Trendsetters for 2005," said Hugh McKellar, editor in chief, KMWorld. "Verity Collaborative Classifier achieved high marks based on the key criteria that matter to customers: usability, flexibility, adoption rate and total cost of ownership."
Effective taxonomies and classification solutions, like VCC, can help increase the accuracy of enterprise search results, acting as filters to help users navigate business categories and find content more quickly. The VCC technology also simplifies the process of creating taxonomies. With this tool, organizations can distribute taxonomy and classification management to assigned subject matter experts and enable collaboration through workflow.
"We're honored that KMWorld recognized the Verity Collaborative Classifier technology for its unique ability to help organizations get more out of enterprise search," said Mark Seamans, senior vice president of worldwide product development. "Unstructured data continue to grow rapidly, making enterprise search a critical business technology for organizations of all sizes."
For more information about Verity's Collaborative Classifier and K2 Enterprise search technologies, please visit http://www.verity.com/products/ics.html.
About KMWorld
The leading information provider serving the Knowledge Management systems market, KMWorld (with a focus on Content, Document and Knowledge Management) informs more than 51,000 subscribers about the components and processes - and subsequent success stories - that together offer solutions for improving business performance.
About Verity
Headquartered in Sunnyvale, California, Verity provides software that enables organizations to maximize the return on their intellectual capital investment. The company's intellectual capital management (ICM) solutions provide integrated search, classification, recommendation, monitoring and analytics across the real-time flow of enterprise information, along with self-service Q & A. In addition, Verity's business process management and content capture solutions activate information and accelerate its flow from person to person and between systems. Verity technology also serves as a core component of more than 260 applications from leading independent software vendors.
Around the world, more than 11,500 organizations of all sizes and types rely on Verity to manage their intellectual capital. In the private sector, these include ABB, AT&T, AXA, Bristol-Myers Squibb, Capgemini, Capital One, Cisco, Deloitte Consulting, Edgar Online, Ford, GMAC, Hewlett-Packard, Kaiser Permanente, KPMG, Mayo Foundation, PricewaterhouseCoopers, SAP, UBS and Verizon. In the public sector, customers come from all levels and branches of government including the U.S. General Services Administration, the U.S. Air Force and Army, the U.S. Department of Defense, including the armed forces units, and the U.S. Departments of Energy and Justice. Independent software vendors that integrate Verity include EMC Documentum, FileNet, Lotus, Oracle, Stellent, TIBCO Software and Xerox DocuShare.
For more information, contact Verity at info@verity.com or at World Wide Web site http://www.verity.com or call 408-541-1500.
Verity and the Verity logo are registered trademarks or trademarks of Verity, Inc.
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