Industry Leading Analyst Firm Recognizes Seal Software as a 2018 Hot Vendor. Hot Vendors are Noteworthy, Visionary, and Innovative.
Seal Software, the leading provider of content discovery and analytics solutions, today announced Aragon Research has named it a Hot Vendor in Document and Contract Analytics. Seal Software applies one of the world’s most commercially advanced applications of artificial intelligence (AI) and machine learning, making it possible for enterprise companies and other organizations to find contracts and other unstructured data contained in any type of file across their networks, and then analyze and interpret the language held in them to produce actionable intelligence that is used to save money, ensure regulatory compliance, and identify incremental revenue opportunities.
According to the report, which is authored by analysts Jim Lundy and Nicole Speciale, “What makes Seal Software hot is its ability to be able to extract, present, upload and apply unstructured data, like clauses, contracting parties, and laws. It can take these data and make them tangible and understandable for users who can them fully take advantage of what is hidden by potentially overlooked data.”
Aragon Research, a technology-focused research and advisory firm, noted in its report that companies are under pressure to utilize technology to create better business outcomes. Unstructured content assets, in particular, must be leveraged, managed, and analyzed to satisfy customers, partners, regulators, and their own employees.
Seal Software was recently identified by Aragon as a key participant in the emerging Intelligent Content Analytics (ICA) market, which the firm forecasts to grow to more than $10 billion by 2025. This new technology segment is comprised of Intelligent Content Analytics Platforms (ICAPs) that help companies understand data to drive better and more insightful decision-making via predictive analytics.
“We believe our inclusion in the Hot Vendor report by Aragon Research is confirmation of our central role in the ICA landscape,” said Ulf Zetterberg, co-founder and CEO, Seal Software. “The Seal platform is used by an expanding list of Fortune 500 companies and Inc. 5000 organizations that see tremendous value in identifying and extracting vital information from unstructured content to uncover paths to lowered costs and higher profits.”
About Seal Software
Seal Software is the leading provider of contract discovery, data extraction and analytics. With Seal’s machine learning and NLP technologies, companies can find contracts of any file type across their networks, quickly understand what risks or opportunities are hidden in their contracts and place them in a centralized repository. Based in the San Francisco Bay Area, Seal empowers enterprises around the world to maximize revenue opportunities, reduce costs, and mitigate risks associated with contractual documents, systems, and processes. For more information, visit Seal Software at seal-software.com.
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Seal Software is a trademark or registered trademark of Seal Software, Inc. in the U.S. and/or other countries. All other marks appearing herein are the property of their respective owners.
Disclaimer: Aragon Research does not endorse vendors, or their products or services that are referenced in its research publications, and does not advise users to select those vendors that are rated the highest. Aragon Research publications consist of the opinions of Aragon Research and Advisory Services organization and should not be construed as statements of fact. Aragon Research provides its research publications and the information contained in them “AS IS” without warranty of any kind.
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 Aragon Research “Hot Vendors in Document and Contract Analytics, 2018” by Jim Lundy and Nicole Speciale, July 25, 2018.