Seewhy named for global innovator award

Dateline: 15 May 2006

SeeWhy Software today announced that is has been named a ‘Guidewire Group Global Innovator’.  As a recipient of this elite award, SeeWhy Software has been selected to participate in Guidewire’s exclusive Innovate!Showcase at Innovate!Europe 2006, from 15-17 May in Zaragoza, Spain. 

Charles Nicholls, Founder and CEO, SeeWhy Software, commented: “We are delighted to have been named a Guidewire Group Global Innovator, and it comes just one week after receiving a Red Herring 100 Europe award.”

“Our approach is transformational, and heralds a second generation of Business Intelligence – BI 2.0. Unlike every other BI system SeeWhy does not rely on databases for its data, but analyses streams of events flowing through integration software or directly from networks. This approach extends the $12bn BI market by enabling real-time metrics, alerts and actions to be driven directly off event streams. SOA developers can build smarter processes by deploying BI into their business operations. Processes can be optimized, customers upsold, risks assessed, and problems detected automatically and in real-time,” continued Nicholls.

Chris Shipley, Guidewire Group co-Founder, Global Research Director, and Executive Producer of Innovate!Europe, said: “I’ve always felt that the data warehouse is where data goes to die.  With SeeWhy’s real time event driven BI platform though, we can see a major advance in the way that organizations use and exploit data.  SeeWhy represents a breakthrough in the fast growing Business Intelligence market.”

“The quality of European entrepreneurs is extremely high and our meetings with senior executives during the past several months have revealed many talented innovators, as evidenced by the companies we have chosen for the Innovate!Showcase,” said Chris Shipley.  “In bringing together the ‘cream-of-the-crop’ innovators with investors, early-adopters, and other members of the innovation ecosystem, we aim to help accelerate the transformation of this raw talent into commercial success.”

As the respected host of the DEMO Conferences in the United States for the past 11 years, Guidewire Group’s Global Research Director, Shipley has helped hundreds of companies enter emerging markets.  Indeed, for SeeWhy Software to be chosen by Chris as a leading-edge product is a mark of credibility and excellence that has propelled more than a thousand entrepreneurial companies to success.
Chris and her team of analysts spent several months personally screening European technology companies to identify the leading innovators chosen to participate in Innovate!Europe 2006.  Companies were evaluated on several criteria, including:
· Unique approach to the target market
· Advancement of state-of-the-art technology, business model, or design in the target market
· Importance of the problem addressed
· Size of the market opportunity
· Length of time the produce or service has been in the market
· Implications in and for the global technology market
· Capabilities to move the product to the global stage.

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About SeeWhy Software
SeeWhy is the first real time Business Intelligence platform for the event driven enterprise. SeeWhy continuously analyses and interprets streams of individual business events, to alert you immediately to opportunities and risks and enable everyday decisions to be automated.  Scalable for the most demanding applications, SeeWhy puts ‘instant insight’ into your business processes, giving you real time visibility into current and future performance. SeeWhy has been selected as a Red Herring 100 Europe 2006, and named Global Innovator by Guidewire group. SeeWhy Software is headquartered in Windsor, UK.
More information can be found at info@seewhy.com, www.seewhy.com or +44 (0)1753 752476. 

About Guidewire Group
Additional details on Innovate!Europe 2006 and the Innovate!Showcase program can be found online at http://www.innovate-events.com
Guidewire Group LLC is a global research firm focusing exclusively on emerging information technology markets. Through our online media, market reports and executive events, we identify the products and trends that will matter most – now and in the future.
Each year, we meet with hundreds of innovative companies – from early-stage start-ups to established technology leaders – to understand the impact they will have on the markets they serve. This broad view of the technology landscape, combined with years of experience and a deep respect for entrepreneurs and early adopters, informs Guidewire Group’s insights.
Founded in 2003 by veteran entrepreneurs Chris Shipley, Mike Sigal, and Frank Kelcz, Guidewire Group’s mission reflects the belief that successful innovation is driven by a symbiotic relationship between the entrepreneurs who create ground-breaking technology, the investors and service providers who fund and support them, the technology executives who engage and partner with them, and the early adopters who embrace them.
All of these individuals invest their careers in the early life cycle of a company and product – from conceptualizing new technologies to generating early market opportunities. Guidewire’s mission is to serve and support their efforts through research, analysis and executive gatherings.  For more information, visit www.guidewiregroup.com
SeeWhy, SeeWhy Software, the SeeWhy Globe and Instant Insight are trademarks or registered trademarks of SeeWhy Software Limited. Other product or service names mentioned herein are the trademarks of their respective owners.