Recommind (software Company)
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Recommind (OpenText Recommind) is a subsidiary of OpenText Corporation that builds and sells software for
electronic discovery Electronic discovery (also ediscovery or e-discovery) refers to discovery in legal proceedings such as litigation, government investigations, or Freedom of Information Act requests, where the information sought is in electronic format (often r ...
,
information governance Information governance, or IG, is the overall strategy for information at an organization. Information governance balances the risk that information presents with the value that information provides. Information governance helps with legal compli ...
,
enterprise search Enterprise search is software technology for searching data sources internal to a company, typically intranet and database content. The search is generally offered only to users internal to the company. Enterprise search can be contrasted with web ...
and content categorization.


History

Recommind was founded in 2000 by Jan Puzicha, Thomas Hofmann and Derek Schueren.
Probabilistic latent semantic analysis Probabilistic latent semantic analysis (PLSA), also known as probabilistic latent semantic indexing (PLSI, especially in information retrieval circles) is a statistical technique for the analysis of two-mode and co-occurrence data. In effect, one c ...
(PLSA), a technique used for data analysis, is the underlying methodology for Recommind's software technology. Puzicha and Hofmann introduced and then patented PLSA in 1999, based on research they undertook at
University of California, Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California), is a Public university, public Land-grant university, land-grant research university in Berkeley, California, United States. Founded in 1868 and named after t ...
. In 2013, the company was selected as among the world's top 10 most innovative companies in
big data Big data primarily refers to data sets that are too large or complex to be dealt with by traditional data processing, data-processing application software, software. Data with many entries (rows) offer greater statistical power, while data with ...
by Fast Company. In the same year, it secured an e-discovery review contract with the
Securities and Exchange Commission The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market m ...
. In 2016, Recommind was acquired by
OpenText OpenText Corporation (styled as opentext) is a global software company that develops and sells information management software. OpenText, headquartered in Waterloo, Ontario, Canada, is Canada's fourth-largest software company as of 2022, and r ...
for approximately $163 million


References


External links

* {{Official website, https://recommind.opentext.com/ Defunct software companies of the United States Companies based in San Francisco Technology companies based in the San Francisco Bay Area Companies established in 2000