[News Viscovery]
Vienna / Austria, 30 May 2017 For the fifth time in succession, data mining and data visualization specialist Viscovery Software GmbH reports a significant net profit for the last fiscal year, in which the equity ratio rose to 45%. Business in life sciences continued to develop very well: the share of joint offering projects in total revenues increased again in 2016, and the overall share of consulting service revenues in total revenues amounted to 26%.
In cooperation with its parent company, Biomax Informatics AG, ongoing projects with international clients have met with continued success. Several new license customers were gained, including First Quantum Minerals in Australia, Kojima Industries Corporation in Japan, and the International Finance Corporation in the USA. In addition to the Deloitte consulting group, which have been Viscovery users for many years, PricewaterhouseCoopers has now also chosen Viscovery® SOMine for their analytics services.
Finally, Viscovery continued its penetration of the University and Science market. Numerous universities worldwide acquired Viscovery SOMine licenses for research work, including the University of Bremen, Osaka University and the Nagaoka College. Academic business is particularly beneficial as a long-term driver to generate commercial business. By the end of 2016, more than 800 universities and scientific institutions worldwide have licensed Viscovery SOMine.