Where Are They Now? In the Trenches With Four Emerging Companies
Some of the companies that made our list of the Top 100 Emerging Companies to Watch in 2001 are thriving, some are just surviving, and at least one has filed for bankruptcy. Here's a look at four.
June 11, 2001 12:00 PM ET
Computerworld -
ProClarity Corp. This business intelligence software vendor, which changed its name from Knosys Inc. in April to align with its signature product, has seen 150% revenue growth and has doubled its head count in the past year. And in April, the Boise, Idaho-based company unveiled its Internet-enabled ProClarity Analytic Platform 4.0, which customers can use to organize and analyze data such as sales leads.
The World Bank Group in Washington, which works with government agencies and the private sector to provide money to developing countries, uses ProClarity to crunch some complex data. Ronnie Hammad, a senior economist at World Bank, says ProClarity 3.0 lets his analysts quickly collect economic indicators from 180 countries and determine how well countries are performing against financial goals. That information is easier to collect with ProClarity, says Hammad, so the task doesn't require a senior-level programmer.
ProClarity designs its products exclusively for Microsoft Corp.'s Analysis Services package, which comes with Microsoft SQL Server 2000. "[ProClarity] is pretty well positioned and has good name recognition because it's closely linked with Microsoft," says Dan Vesset, an analyst at IDC in Framingham, Mass. ProClarity now has more than 250 corporate customers and 30 independent software vendor partners.
Extensibility Inc. This XML tools vendor was acquired by Palo Alto, Calif.-based e-business software vendor Tibco Software Inc. last August. Chapel Hill, N.C.-based Tibco Extensibility Inc. launched its XML Canon/Developer portal for publishing XML schemas in March and says it continues to grow, despite the current high-tech slump. "We have a slew of new customers," claims Vice President and Chief Scientist Lee Buck, citing deals with The Goldman Sachs Group Inc., DaimlerChrysler and Sabre Inc. "We've added about 15 or 20 people," he adds. But Buck is more cautious about future growth, saying, "We're being highly selective [about hiring new people] at this point. It's obviously a tough economic environment."
Arcot Systems Inc. The Santa Clara, Calif.-based digital identity software vendor landed Union Pacific Corp., the largest U.S. railroad carrier, as a customer in December. Omaha-based Union Pacific plans to deploy Arcot's WebFort as the identity security for its arsenal of extranet and internal applications. WebFort combines digital certificate and encryption technology to hide the user's security key among several fake keys. In Arcot's security system, all the keys are readable, but only one unlocks
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