Content Analysis Software Identifies Defects, Risky Language, and Makes Reviewing Documents 45 Percent more Efficient
Baltimore, MD—May 2, 2011— VisibleThread, the leading developer of document content analysis software that drives compliance, flags risky content, and improves the probability of winning government contracts, today announced that it has been included in the list of “Cool Vendors” in the Application Development, 2011 report by Gartner, Inc.* The analyst firm defines a cool vendor as a company that offers technologies or solutions that are innovative, impactful and intriguing.
The product, VisibleThread, automatically scans document content for defects and gaps. It gathers metrics from any type of document or spreadsheet, from IT business requirements definitions to bid proposals and enables bid managers, program managers, project management and business analyst teams to be more efficient and raises the quality of documents exponentially. The result is lowered risk of failed projects or bid proposals, better project oversight and more efficient teams. For an online demonstration see here.
“Those responsible for managing the bid or IT process understand what is at stake but all too often struggle to coordinate disparate input, authors and documentation while meeting tight deadlines and presenting a comprehensive and unified front,” said Fergal McGovern, founder and CEO of VisibleThread. “Leveraging technology such as VisibleThread to facilitate collaboration, drive structure, provide traceability and identify defects in content will increase the probability of winning opportunities. We believe our inclusion in the Cool Vendor report by Gartner is confirmation of our mission to enable customers to unlock the power of information to improve business performance.”
About Gartner’s Cool Vendors Selection Process Gartner’s listing does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness of a particular purpose.
Gartner defines a cool vendor as a company that offers technologies or solutions that are: Innovative, enable users to do things they couldn’t do before; Impactful, have, or will have, business impact (not just technology for the sake of technology); Intriguing, have caught Gartner’s interest or curiosity in approximately the past six months.
About VisibleThread VisibleThread develops document content analysis software that identifies defects and streamlines document compliance. The company’s analysis software enables users to scan MS Office and PDF docs for liability concerns, automatically create compliance documents, coordinate and track changes from multiple stakeholders, and provide oversight throughout proposal development and IT delivery projects.
Today the company offers VisibleThread for contract specialists, capture managers, proposal response teams, legal reviewers and IT development teams. The identification of compliance, legal, and delivery concerns through automated scans enables proposal response teams to improve efficiency and increase their probability of winning government and commercial contracts. For more information, visit www.visiblethread.com
*Gartner “Cool Vendors in Application Development” by Thomas E. Murphy, David Norton, Jim Duggan, Eric Knipp April 15, 2011
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