SAN FRANCISCO (PRWEB)
November 10, 2017
Seal Software, the leader in Contract Discovery and Analytics, today announced it has been ranked 310 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Seal Software grew 270 percent during this period. Previously ranked 148 in Deloitte’s annual list of high-growth companies, Seal now joins the Deloitte rankings for a second consecutive year.
It is increasingly crucial for enterprises and large matrix organizations to better understand the risks and opportunities associated with their contracts. Incorporating artificial intelligence (AI) and natural language processing, Seal’s technology performs automated discovery of contracts across the entire organization and brings them into a centralized repository for extracting all of the valuable terms, provisions, and clauses buried in the text. The company has brought new life to the contract discovery and analytics market with the implementation of AI and advanced technologies, allowing organizations to discover hidden revenue streams, improve business efficiency and build intelligence around the data already available to them.
Seal Software CEO Ulf Zetterberg credits the company’s burgeoning growth to these market-pervasive trends around AI, and Seal’s ability to apply this technology with laser-sharp focus on delivering successful outcomes for its customers. He said, “Deloitte’s recognition of Seal’s uncommon growth is also validation that the Seal’s technology and approach go beyond ‘business as usual’. As we look ahead, we are committed to putting even power into the hands of users while simultaneously helping them prioritize risk reduction and maximize sales and revenue growth in a shorter time span.”