Press Release
Denodo Technologies Named as Finalist for the TiE50 Awards
Selection Highlights Innovation in Virtual Data Integration of Internal and External Information Sources
Palo Alto, CA – May 6, 2009 – Denodo Technologies, Inc. (www.denodo.com), the recognized innovator of Enterprise Data Mashups (EDM) technology, today announced that it has been selected as a finalist for the TiE50 Awards by the organizers of TiEcon 2009, the world's largest conference for entrepreneurs.
The TiE50 Awards recognize the hottest emerging startups in five focus segments: Consumer Web, Internet Infrastructure, Cleantech, Wireless and Software. Selected from nearly 1,200 nominated companies, Denodo is a finalist in the Software Category.
Denodo Technologies, recently the recipient of the InfoWorld 2009 Technology of the year award for "Best Mashup Server," is continually recognized for its innovative approach to data integration, a problem that continues to be one of the major challenges faced by large and small enterprises. "Companies increasingly recognize the value of holistic integration approaches that are capable of merging internal and external, structured and unstructured information sources," said Suresh Chandrasekaran, Senior VP of North America for Denodo. "Virtual Data Integration is a "must have" capability since it is impractical to physically consolidate all internal data, Web, and unstructured information in a data warehouse. It is also much less expensive and more flexible."
About Denodo Technologies
Denodo Technologies, Inc. is the recognized innovator of Enterprise Data Mashups (EDM). Denodo extends the value of enterprise data integration initiatives with its ability to virtually integrate internal and external information, whether it be structured (databases, applications and XML), unstructured (documents, static HTML and e-mail), or semi-structured (Web content and data behind any Web interface). Organizations looking to leverage their information assets can now integrate all relevant data sources – regardless of structure or location – to create new business applications based on fresher and more complete data feeds. Denodo’s customer base includes leading telecommunications, financial services, government, life sciences and B2B entities that use Enterprise Data Mashups to create single customer views, data federation feeds for information businesses, competitive and business intelligence applications, B2B/B2C Web automations, and data services for service-oriented architectures (SOA). Denodo is a privately held, venture-backed company headquartered in Palo Alto, CA, and Madrid, Spain. For more information, please call +1-650-566 8833 or visit www.denodo.com.
About TiE
TiE is a global, not-for-profit, non-political, and non-religious organization dedicated to fostering entrepreneurs across its international network sponsored by top venture capital firms and Fortune 500 corporations. TiE is spread across 53 chapters in 12 countries comprising of 1,800 experienced entrepreneurs and business executives as charter members, 12,000 aspiring entrepreneurs and professionals as members.
