RCS - Innodata Inc. - Innodata Adds Social Listening to Agility Platform

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29/09/2022 15:00

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RNS Number : 2081B  Innodata Inc.  29 September 2022

Innodata Launches Industry-First Natively Integrated Social Listening Add-On
to its Agility PR Tech Platform

Launch Comes as News of Investment in Sector Spreads

NEW YORK, NY / ACCESSWIRE / September 29, 2022 / Innodata Inc.
(https://pr.report/WGXcmr0o) (NASDAQ:INOD), a leading technology company,
announced today that it has launched Agility Social Listening
(https://pr.report/OP0hryKg) , available both standalone and as an add-on to
Agility (www.agilitypr.com (https://pr.report/g7dj-Jkf) ), Innodata's
AI-enabled platform for public relations. Agility Social Listening is the
industry's first social listening tool natively integrated within a full PR
workflow suite.

"We built a social listening module from the ground up that natively
integrates with the rest of our PR platform," said Martin Lyster, CEO of the
Agility business segment. "We believe this level of native integration in a
full PR workflow platform is a first in our industry. Native integration means
PR professionals can easily navigate across media monitoring, media database,
and social listening under a single sign-on and with a completely seamless
user experience. We believe that using the full Agility platform,
communications professionals will be able to:

·      Find, analyze, and act upon brand-essential media insights faster
and more efficiently.

·      Analyze coverage, reputation, and audience holistically and
thoroughly.

·      Convert insights into more meaningful actions that support
business goals.

·      Seize upon opportunities and respond to issues faster and in a
more impactful manner."

Innodata CEO Jack Abuhoff added, "We're excited to launch this new, natively
integrated social listening product at a time when there is notable interest
and investment in our space as evidenced by a recent $180 million Series A
financing raised by an Agility competitor that we believe is similar to
Agility in terms of revenue level. With the addition of Agility Social
Listening, we feel our PR offering provides more value than ever for our
customers."

Abuhoff continued, "Agility Social Listening is poised to take share in the
$2.7 billion social media tech subsegment of PR tech 1 , which is both the
largest and the fastest growing component of PR tech."

With over half
(https://datareportal.com/social-media-users#:~:text=Analysis%20from%20Kepios%20shows%20that,since%20this%20time%20last%20year.)
the global population on social media, brands are increasingly interested in
mining critical business insights from the mass of digital conversations
occurring daily and taking the appropriate actions.

Agility is used by communications professionals worldwide to distribute news
and gain critical media intelligence. Agility was recognized earlier this year
by G2 as a Momentum Leader (https://pr.report/29uhiwZv) and by Business
Insider (https://pr.report/XktpVz4N) as "fierce competition" for the PR tech
industry's heavy hitters.

To learn more about Agility Social Listening, visit the Agility website and
book a free demo (https://pr.report/p5OscY4H) . Stay up to date on Agility
product releases by subscribing to the Agility monthly newsletter
(https://pr.report/FCiZ1RA0) .

About Innodata

Innodata (NASDAQ:INOD) is a global data engineering company delivering the
promise of AI to many of the world's most prestigious companies. We provide
AI-enabled software platforms and managed services for AI data annotation, AI
digital transformation, and industry-specific business processes. Our low-code
Innodata AI technology platform is at the core of our offerings. In every
relationship, we honor our 30+ year legacy of delivering the highest quality
data and outstanding service to our customers. Visit www.innodata.com
(https://pr.report/nHbXvocj) to learn more.

About Agility

Agility, INNODATA INC.'s AI-enabled industry platform for public relations and
media analysis, streamlines media monitoring, outreach, and media intelligence
in one intuitive platform for public relations professionals. Global
organizations rely on Agility to help them achieve ambitious business goals
using an outcome-based approach. Software backed by deep expertise offers
high-performance results and PR insights for brands with advanced requirements
in a shifting media landscape. Providing innovative technology, outstanding
data quality, and high-caliber support, Agility enables success for today's
communicators.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning
of Section 21E of the Securities Exchange Act of 1934, as amended, and Section
27A of the Securities Act of 1933, as amended. Words such as "project,"
"believe," "expect," "can," "continue," "could," "intend," "may," "should,"
"will," "anticipate," "indicate," "forecast," "predict," "likely," "goals,"
"estimate," "plan," "potential," or the negatives thereof and other similar
expressions generally identify forward-looking statements, which speak only as
of the date hereof.

These forward-looking statements are based on management's current
expectations, assumptions and estimates and are subject to a number of risks
and uncertainties, including, without limitation, the expected or potential
effects of the novel coronavirus ("COVID-19") pandemic and the responses of
governments, the general global population, our customers, and the Company
thereto; impacts resulting from the rapidly evolving conflict between Russia
and the Ukraine; that contracts may be terminated by customers; projected or
committed volumes of work may not materialize; continuing reliance on
project-based work in the Digital Data Solutions ("DDS") segment and the
primarily at-will nature of such contracts and the ability of these customers
to reduce, delay or cancel projects; the likelihood of continued development
of the markets, particularly new and emerging markets, that our services
support; continuing DDS segment revenue concentration in a limited number of
customers; potential inability to replace projects that are completed,
canceled or reduced; our dependency on content providers in our Agility
segment; difficulty in integrating and deriving synergies from acquisitions,
joint venture and strategic investments; potential undiscovered liabilities of
companies and businesses that we may acquire; potential impairment of the
carrying value of goodwill and other acquired intangible assets of companies
and businesses that we acquire; a continued downturn in or depressed market
conditions, whether as a result of the COVID-19 pandemic or otherwise; changes
in external market factors; the ability and willingness of our customers and
prospective customers to execute business plans that give rise to requirements
for our services; changes in our business or growth strategy; the emergence of
new, or growth in existing competitors; various other competitive and
technological factors; the Company's use of and reliance on information
technology systems, including potential security breaches, cyber-attacks,
privacy breaches or data breaches that result in the unauthorized disclosure
of consumer, customer, employee or Company information, or service
interruptions; and other risks and uncertainties indicated from time to time
in our filings with the Securities and Exchange Commission.

Our actual results could differ materially from the results referred to in
forward-looking statements. Factors that could cause or contribute to such
differences include, but are not limited to, uncertainty around the COVID-19
pandemic and the effects of the global response thereto and the risks
discussed in Part I, Item 1A. "Risk Factors," Part II, Item 7. "Management's
Discussion and Analysis of Financial Condition and Results of Operations," and
other parts of our Annual Report on Form 10-K, filed with the Securities and
Exchange Commission on March 24, 2022, as updated or amended by our other
filings that we may make with the Securities and Exchange Commission. In light
of these risks and uncertainties, there can be no assurance that the results
referred to in the forward-looking statements will occur, and you should not
place undue reliance on these forward-looking statements. These
forward-looking statements speak only as of the date hereof.

We undertake no obligation to update or review any guidance or other
forward-looking statements, whether as a result of new information, future
developments or otherwise, except as may be required by the Federal securities
laws.

Company Contact

Marcia Novero
mnovero@innodata.com (mailto:mnovero@innodata.com)

201-371-8015

 1  Burton-Taylor International Consulting. (April 2022). Media Intelligence
and PR Software/Information Global Share & Segment Sizing 2022 (Annual
Benchmark Study). Retrieved from
https://burton-taylor.com/reports/media-intelligence-benchmark-2022#
(https://pr.report/yF6xq0mO)

SOURCE: Innodata Inc.

 

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