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'''Sageworks''' is a financial information company founded in 1998 in a business incubator in [[Research Triangle Park]], [[North Carolina]].<ref>[http://thertpblog.org/tag/sageworks/] The Research Triangle Park Foundation Blog.</ref> Scott Ogle was named chief executive officer in 2013.<ref>[http://www.bizjournals.com/triangle/blog/2012/12/scott-ogle-named-sageworks-ceo.html] Biz Journal.</ref> It provides financial analysis and data of private companies in the U.S. They also develop software for financial institutions, [[Certified Public Accountant|CPAs]] and private companies. It is incorporated and headquartered in [[Raleigh, North Carolina]]. Sageworks also generates and makes available from its proprietary database, real-time data on the financial performance of privately held companies. Through a cooperative data model with its clients, Sageworks collects approximately 1,000 private- company financial statements daily from accounting firms and financial institutions. The data is aggregated by industry and is used to generate the Sageworks private company indicator, which shows real-time private-company sales growth and profit margins.<ref>[http://www.foxbusiness.com/news/economy/private-company-indicator/index.html] Fox Business.</ref>
'''Sageworks''' is a financial information company founded in 1998 in a business incubator in [[Research Triangle Park]], [[North Carolina]].<ref>[http://thertpblog.org/tag/sageworks/] The Research Triangle Park Foundation Blog.</ref> Scott Ogle was named chief executive officer in 2013.<ref>[http://www.bizjournals.com/triangle/blog/2012/12/scott-ogle-named-sageworks-ceo.html] Biz Journal.</ref> It provides financial analysis and data of private companies in the U.S. They also develop software for financial institutions, [[Certified Public Accountant|CPAs]] and private companies. It is incorporated and headquartered in [[Raleigh, North Carolina]]. Sageworks also generates and makes available from its proprietary database, real-time data on the financial performance of privately held companies. Through a cooperative data model with its clients, Sageworks collects approximately 1,000 private- company financial statements daily from accounting firms and financial institutions. The data is aggregated by industry and is used to generate the Sageworks private company indicator, which shows real-time private-company sales growth and profit margins.<ref>[http://www.foxbusiness.com/news/economy/private-company-indicator/index.html] Fox Business.</ref>


Company offers cloud based solutions. Despite the well known risks of highly sensitive data loss from cloud based software, the company does not appear to offer customers indemnity protection.
Company offers cloud based solutions. Despite the well known risks of highly sensitive data loss from cloud based software, the company takes many precautions to ensure the security of customer information: In their online <ref>[https://www.sageworks.com/privacy.aspx]privacy policy statement</ref> privacy policy statement, the company explains that it uses both a secure software server (SSL) that encrypts information entered online as well as a GeoTrust Security Certificate to protect the confidentiality and security of customer information, as well as using firewalls, real-time monitoring, intrusion detection systems, and other precautionary methods.

In fact, in its online <ref>[https://www.sageworks.com/privacy.aspx]privacy policy statement</ref> privacy policy statement the company reserves the right to gather, use, sell or distribute customer supplied data that allegedly had the personally identifiable information removed. It is unclear what, if any, measures the company commits to take to ensure that the customer sensitive data is not used inappropriately.


==References==
==References==

Revision as of 23:47, 10 November 2014

Sageworks
IndustryComputer Software and Information Technology
Founded1998
FoundersBrian Hamilton, Sarah Tourville
HeadquartersRaleigh, North Carolina, USA
Key people
Brian Hamilton, Chairman
Scott Ogle, CEO
ProductsSolutions for Financial Institutions, Accountants, Business Owners, and CFOs
Websitewww.sageworks.com

Sageworks is a financial information company founded in 1998 in a business incubator in Research Triangle Park, North Carolina.[1] Scott Ogle was named chief executive officer in 2013.[2] It provides financial analysis and data of private companies in the U.S. They also develop software for financial institutions, CPAs and private companies. It is incorporated and headquartered in Raleigh, North Carolina. Sageworks also generates and makes available from its proprietary database, real-time data on the financial performance of privately held companies. Through a cooperative data model with its clients, Sageworks collects approximately 1,000 private- company financial statements daily from accounting firms and financial institutions. The data is aggregated by industry and is used to generate the Sageworks private company indicator, which shows real-time private-company sales growth and profit margins.[3]

Company offers cloud based solutions. Despite the well known risks of highly sensitive data loss from cloud based software, the company takes many precautions to ensure the security of customer information: In their online [4] privacy policy statement, the company explains that it uses both a secure software server (SSL) that encrypts information entered online as well as a GeoTrust Security Certificate to protect the confidentiality and security of customer information, as well as using firewalls, real-time monitoring, intrusion detection systems, and other precautionary methods.

References

  1. ^ [1] The Research Triangle Park Foundation Blog.
  2. ^ [2] Biz Journal.
  3. ^ [3] Fox Business.
  4. ^ [4]privacy policy statement