Provider of Enterprise Information Management Solutions Recognized as a Leading Big Data Expert in Finland
Dallas, TX (PRWEB) October 22, 2015
M-Files Corporation, a provider of solutions that dramatically improve how businesses manage documents and other information, today announced that the company is the recipient of a Millennium Distinction from the Technology Academy Finland (TAF).
Technology Academy Finland (TAF) rewards Big Data experts operating in Finland. This year, Millennium Distinctions will be awarded to M-Files Oy and Sebastiaan van Dijken, professor of physics at Aalto University.
TAF awards the Millennium Distinction in alternate years with the Millennium Technology Prize. The distinction is granted to experts who operate in Finland and whose work is connected to the research field of the winners of the preceding Millennium Technology Prize. The Millennium Technology Prize 2014 winner was Stuart Parkin, 2012 Linus Torvalds, and the first award was given in 2004 to Tim Berners-Lee. The award has been compared often to the Nobel Prize per meaning of it.
"With this year's Millennium Distinctions, TAF wishes to pay tribute to the ground-breaking work carried out in Finland in the Big Data application field," said Juha Ylä-Jääski, Chairman of the Selection Committee and President and CEO of TAF. "This year's distinctions also highlight the impact around the globe as a result of the research and innovative work carried out in Finland."
The M-Files enterprise information management (EIM) solution is different from traditional folder-based systems in that it leverages metadata to classify and organize data and information by "what" it is instead of "where" it's stored. Thanks to the metadata, organizations can better leverage Big Data in business processes, analyzing and reporting data, and also in the integration between different systems.
"We are very honored by this prestigious recognition. M-Files has always been a forerunner of intelligent and effective use of metadata in information management. It is wonderful that our innovations and international growth are recognized in such a way," says Antti Nivala, Founder and CTO at M-Files Corporation.
"Quickly locating the correct versions of documents and automating manual business processes are issues that degrade productivity and quality in many organizations. The M-Files vision is to change the way the world manages data and information, and we're delivering on this vision today," says Miika Mäkitalo, Chief Executive Officer at M-Files Corporation.
M-Files revenue increased more than 75 percent in 2014, culminating in a robust six-year growth rate of nearly 1,100 percent. In addition, M-Files experienced a strong surge in the adoption of its cloud-based EIM solutions, with more than a 70 percent increase in cloud-based revenue in 2014 over 2013.
About M-Files Corporation
M-Files enterprise information management (EIM) solutions eliminate information silos and provide quick and easy access to the right content from any core business system and device. M-Files achieves higher levels of user adoption resulting in faster ROI with a uniquely intuitive approach to EIM that is based on managing information by "what" it is versus "where" it's stored. With flexible on-premises, cloud and hybrid deployment options, M-Files places the power of EIM in the hands of the business user and reduces demands on IT by enabling those closest to the business need to access and control content based on their requirements. Thousands of organizations in over 100 countries use the M-Files EIM system as a single platform for managing front office and back office business operations, which improves productivity and quality while ensuring compliance with industry regulations and standards, including companies such as SAS, Elekta and EADS. For more information, visit http://www.m-files.com.
M-Files is a registered trademark of M-Files Corporation. All other registered trademarks belong to their respective owners.
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