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Home > Commentary > Trends Archive > Feast and Famine for Convera

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Report Excerpt

The Enterprise Search Report 2008 looks at... IT Matters

"In the business literature, an emerging trend is to downplay the need to understand technology. The focus is on the business processes into which technology is integrated. The arguments compare advanced technology today to electricity's availability. Electricity is a commodity, and no one has to know how to produce it. Like electricity, businesses just use technology. The argument is compelling, as are most trendy business analyses. One important factor is overlooked when this argument is extended to search: the fact that search is simply not mature."

(p. 30)

More about The Enterprise Search Report 2008

 

TrendWatch Blog

Feast and Famine for Convera

23-Nov-2004

Two recent announcements from enterprise search vendor Convera pretty much summarize the company's position right now. First In-Q-Tel (the CIA's private venture arm) announced that it was investing further in Convera's RetrievalWare search product. Convera now sells heavily -- some say primarily -- into intelligence and law enforcement agencies. Then Convera announced that its Third Quarter revenues had dropped relative to last year, primarily because of the absence of any huge government deal that quarter. Focusing on government clients is feast or famine for software vendors. Prospective corporate buyers, however, would do well to carefully examine Convera's product roadmap...and the company's balance sheet...
Review Convera News

- Submitted by: Tony Byrne, Analyst

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