Data-Mining Specialist Viscovery Reports Profits for 2012

[News Viscovery]

Vienna / Austria, 14 March 2013 Vienna-based Viscovery achieved good results again in 2012. With licenses and services making 85% of the business volume, profits have clearly exhibited stable growth since 2011. Above average increase was realized in the Asia-Pacific region. SOM business (data mining using self- organizing maps) continues in 2013 to take hold in a wider international market.

New customers acquired in 2012 include Japan Aerospace, Honda R&D, the online-game provider Funstage, the Ministry of Finance in Singapore, and the loyalty-program specialist Pinpoint, among others. Meanwhile, Deloitte have expanded their implementation of Viscovery software for their professional services into more than 10 countries. Numerous research institutes and universities continued to work with Viscovery software in 2012, including newcomers Louisiana State University Health Sciences Center, Michigan Technological University, Tokyo University, and University of Southern Queensland.

In cooperation with parent company Biomax Informatics AG, projects in the Life Science were further expanded particularly in the areas of medical research and biomarker identification. Thus, Viscovery provided data mining software and consulting to the new CIRO+ data center in the Netherlands — one of the most outstanding centers of excellence in Europe for diagnosis and treatment of chronic obstructive pulmonary disease.

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Viscovery successfully expands data mining business to life sciences

[News Viscovery]

Vienna / Austria, April 2012 Data mining-specialist Viscovery Software GmbH continues to develop its data-mining business in the life science branch. In collaboration with mother company Biomax Informatics AG, Viscovery is contributing to the establishment of a new data center for CIRO+ in the Netherlands by providing data mining software and consulting. This is the first integrated patient-centric knowledge management system for patient stratification and targeted therapy in chronic obstructive pulmonary disease (COPD).

"The CIRO+ Data Center allows, for the first time, to better understand patient outcome based on systematic pre- and post-assessment data of more than 3,000 patients over the past 6 years with up to 6,000 clinical data points captured for each patient. The impact of being able to exploit clinical knowledge effectively using state-of-the-art technology cannot be overestimated. This applies to both improved patient care and better management of treatment costs”, as Prof. Wouters, Chairman Board of Directors CIRO+, explained at the announcement of the CIRO+ Data Center launch.

In addition to this project, the Viscovery data-mining approach using SOM methodology is supporting medical research with identification of possible candidates for biomarkers by allowing clinical data to be examined and clustered with genetic data. Recently, projects in drug efficacy as well as the classification of clinical data to distinguish responsive and unresponsive patients have been successfully completed.

The international Cancermotisys research project (biomax.com/project/cancermotisys), examining the specific effects of stomach cancer drugs, is in its third year and close to completion. Viscovery has been involved in examining the relationship between cancer cell motility and genetic expression data.

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Data Mining-specialist Viscovery success continued in 2011

[News Viscovery]

Vienna / Austria, March 2012 Vienna-based Viscovery Software GmbH reported successful results for 2011. As in the previous year, licensing generated 70% of the revenue. The SOM business (data mining based on self-organizing maps) underwent continued internationalization: over 90% of the volume was from international customers representing all continents. New customers acquired in 2011 include Qantas Airways, Oklahoma State Department of Health, iiNet Limited, Toyota Motor Corporation, Emirates Telecommunications Corporation, and Kissei Pharmaceutical Co., Ltd.

In addition, many research institutes and universities chose Viscovery in 2011, including University of Pretoria, University of Strathclyde, Osaka City University, Kyoto University, Tokyo Institute of Technology, and Micro Ram Enterprise. Product-distribution partnerships were further strengthened, in particular with Dynelytics (formerly SPSS Switzerland) which was extended to countries outside of Switzerland.

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Consulting companies use Viscovery in analytics services

[News Viscovery]

Vienna / Austria, August 2011 Consulting companies of all sizes have used Viscovery in diverse consulting projects for many years. Now Viscovery has entered into an agreement to provide Deloitte, the global professional services organization, with a Viscovery SOMine license, in connection with Deloitte’s AsOne client service offering (www.deloitte.com/asone).

The AsOne archetypes are presented in the book AsOne by Merdad Baghai and James Quigley, which was listed in the New York Times Top 10 economic books. These eight archetypes of work behavior were defined using clusters created with the Viscovery software from customer data.

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