Linguamatics recognized as Market Leader by analysts
(Cambridge, UK and Boston, USA – July 07, 2016) Text analytics provider Linguamatics is pleased to announce that it has been recognized by Frost & Sullivan with a 2016 Market Leadership Award. The award is the result of extensive research conducted by market analysis experts Frost & Sullivan on the “NLP (Natural Language Processing)-Based Text Mining for Life Sciences” industry.
This new research highlights Linguamatics’ leading position in the market:
“Linguamatics has achieved a leadership position in the NLP for text mining and analytics market…with few participants operating in this technology and domain that have as many use cases as Linguamatics.” Sangeetha Prabakaran, Research Manager, Transformational Health at Frost & Sullivan
In the pharmaceutical sector, Linguamatics customers use text mining to gain business insights across drug discovery and development, including gene-disease mapping and target identification, clinical trial optimizations, and competitive intelligence. As the report points out, the number of potential use cases is expanding considerably: