Innodata

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Innodata Inc.
Type Public NASDAQINOD
Industry Information Technology
Founded 1988
Headquarters Hackensack, NJ
Key people Jack Abuhoff, President & CEO
AK Mishra, EVP & COO
O’Neil Nalavadi, SVP & CFO
R. Douglas Kemp, SVP, Product Innovation
Jim Lewis, SVP, Sales & Marketing
Stephen Ryden-Lloyd, SVP, Consulting Practice
Amy R. Agress, VP & General Counsel
Services Content/Data Enrichment
e-Publishing
Knowledge Management
Consulting
Revenue $74 million USD for 2011
Website http://www.innodata.com/

Innodata Inc., formerly Innodata Isogen, Inc., is an American company that provides business process, technology and consulting services. The company also provides products that aim to help clients create, manage, use and distribute digital information.

As of June 2012, Innodata has a client base that includes many preeminent media, publishing and information services companies, as well as enterprises in information-intensive industries such as aerospace, defense, financial services, government, healthcare, high technology, insurance, intelligence, manufacturing and law.

Founded in 1988, Innodata employs more than 5,000 people worldwide. It is headquartered at Hackensack, NJ, and has additional offices in Europe, Israel, India, the Philippines, Sri Lanka and a business presence in China.[1]

History[edit]

Innodata Inc. was founded in 1988 in New York City to provide digitized content as the Internet was emerging from its scientific roots to become a commercial and social force. The company created quality assurance and audit procedures.

By 1992, the year the company went public, Innodata had grown to more than 1,000 employees worldwide. Advances in telecommunications infrastructure allowed it to establish personnel in Asia to support North American and European operations. Throughout the decade, the company opened major facilities in the Philippines, Sri Lanka and India.

The company tripled its revenue to $60 million from $20 million between 1999 and 2001.[2]

Innodata acquired Isogen International in 2001 and integrated both of the company’s content management and publishing technologies, structured information standards and outsourcing services. In 2003, the name of Innodata Isogen Inc. was formally adopted to reflect the full range of consolidated offerings in Content Supply Chain Optimization.

On Dec 27 ,2005, Innodata Isogen announced that Steven L. Ford had joined the company as Executive Vice President and Chief Financial Officer.[3]

Starting in 2007, the company started taking advantage of the growing popularity of e-books to become a producer of technology and processes for transforming books into e-book formats for distribution and sell-through on tablets and e-readers. To date, Innodata has produced over 1.2 million e-books and is presently distributing more than 1,500 e-books per day across 25 global platforms and e-bookstores.

Innodata Advanced Data Solutions (IADS)[edit]

In 2011, the company launched a new segment, Innodata Advanced Data Solutions, to develop products designed to help companies outside the information and publishing industries adapt to the public’s rapid adoption of digital and mobile devices.[4] Within this segment, they started two new subsidiaries, Synodex and DocGenix.

In 2012, in an effort to simplify their branding and cultivate a stronger, unified company culture, they began to once again present themselves in corporate imagery simply as “Innodata”. This move became official on June 5, 2012 when Innodata’s stockholders approved an amendment to the Company’s Certificate of Incorporation to change the Company’s name from “Innodata Isogen, Inc.” to “Innodata Inc.”[5]

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