The 451 Group Market Development Report on Funnelback UK

In March 2011, The 451 Group produced an independent 'Market Development Report' of Funnelback UK.

If you don't know them already, the 451 Group is an independent technology-industry analyst company focused on the business of enterprise IT innovation. The company's analysts provide critical and timely insight into the market and competitive dynamics of innovation in emerging technology segments.

The Report gives an overview of the development of Funnelback in the UK market, covering recent client wins, product and service offerings and the challenges and opportunities of the market.

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The 451 Group's Market Development Report - In Brief

The 451 Group's report on Funnelback UK includes the following key points:

  • Funnelback's revenue grew by 30% in 2010, in part due to significant growth in the UK.
  • Recent new clients for Funnelback UK include Dyson, Skype, the British Medical Journal (BMJ Publishing) and London's Victoria and Albert Museum.
  • Higher education is a key market for the company, and it now offers a 'course finder' search-based application. (You can see an example of this by searching on London Metropolitan University's website.)
  • Most of Funnelback's search implementations are cloud-based, with global coverage delivered via data centres in Sydney, Dallas and London.