2008-08-18 15:35:03 -
www.fullcapture.com/ - Scott Public Relations Joy Scott, 818-610-0270 joy@scottpublicrelations.com Full Capture Solutions, Inc., a leading provider of analytic and search technology tailored specifically for the insurance industry, was named by Financial Insights, an IDC Company as one of 2008's "Up and Coming Insurance Technology Firms." Full Capture (www.fullcapture.com) was recognized for its innovations in data analytics technology, in particular, leveraging
semantic technology capabilities to search and extract value from the significant amount of insurance data that is "unstructured."
"Full Capture Solutions met the objective of our research, which was to profile a select number of emerging technology firms providing value to insurance companies in ways that are better or different than existing competition," said Barry Rabkin, senior research analyst for the Insurance Practice, Financial Insights. "Our research is designed to help insurers think beyond their traditional short list of vendor options, as well as alert technology firms about newer players, and highlight emergent technology firms for venture capital and investment firms." Financial Insights, an IDC company, is one of the world's leading providers of independent research, custom consulting, and advisory services focusing on the business, technology and operational issues, within the financial services community. Financial Insights is one of the only research firms that has a significant physical presence worldwide, with analysts based in the Americas, Asia Pacific and Europe.
"The insurance industry has amassed enormous volumes of data, almost all of it dormant. Most insurers have begun efforts to extract business intelligence from that data, but are finding that much of the data is unstructured, which renders it inaccessible using traditional modeling approaches," noted Stephen Holcomb, founder and chief executive officer of Full Capture Solutions. "By adapting semantic and search technologies to the insurance industry and combining their power with statistical-based analytic modeling techniques, Full Capture Solutions enables insurers to tap into the power of all their data, regardless of its structure, source or form. Our customers are turning their dormant data into a valuable corporate asset. We're pleased that Barry Rabkin and Financial Insights have recognized our contributions to insurance technology."
About Full Capture:
Full Capture Solutions, Inc. (FCSi) is a privately held corporation headquartered in East Hartford, CT, with an office in Novato, California. Founded in 2004 by insurance and technology veterans, FCSi develops and provides analytic and search software tailored specifically for the insurance industry. One of the keys to the company's value proposition is its unique patented ability to apply semantic technologies to unstructured data in a meaningful manner. The company delivers its technology via a Software-as-a-Service model. For additional information visit www.fullcapture.com or call 860-291-9517.
Connecticut firm recognized for bringing innovative data analytics
and semantic technology applications to insurers
