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Transparensee Systems, Inc.

Product Name

Transparensee BestMatch Search Engine

Market Segment

Enterprise software and services

Funding

Privately funded. Raising Series A.

Competitors

Direct competitors: Endeca and Mercado. Indirect competitors: Autonomy, EasyAsk, Fast Search & Transfer, Google, iPhrase Technologies and Verity.

Product Description

Transparensee’s BestMatch search engine is a powerful and easy-to-use technology that lets a Web site's visitors find the best match for any product or service using an unlimited number of search criteria — even if there are no exact matches. Transparensee's proprietary “fuzzy” search technology saves users the trouble of continuously refining their search until they find a match, or having to navigate through a list of results with no particular relevance, helping online retailers reduce abandonment and increase conversion rates.

Market Opportunity

Online sales are projected to be more than $130 billion this year, and while 82% of visitors use site search, 85% are dissatisfied with the experience (Jupiter Media Metrix and Jupiter Research). The impact on the bottom line is tremendous, as 80% will abandon a site with poor search functionality. More than 75% of Web site managers recognize search as extremely important, with 90% saying they are taking steps to improve search — creating a $1 billion industry growing at over 20% faster than the overall enterprise software market (Information Retrieval market estimates by IDC).

Demo Says

Somehow, in the race to improve search technology, the mass of structured data is all but forgotten. By focusing where few others are, Transparensee delivers real innovation by adding fuzzy search logic to SQL queries. This innovation will undoubtedly bring significant benefit to e-commerce and other transactionbased businesses that rely on structured databases to deliver service value. SHOW