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Last $2.63 USD
Change Today +0.02 / 0.77%
Volume 1.9K
INOD On Other Exchanges
Symbol
Exchange
NASDAQ GM
As of 8:10 PM 07/2/15 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

3 University Plaza

Suite 506

Hackensack, NJ 07601

United States

Phone: 201-371-8000

Fax:

Innodata Inc. operates as a digital services and solutions company. The company’s technology and services power information products and online retail destinations worldwide. The company serves publishers, media and information companies, digital retailers, banks, insurance companies, government agencies, and other industries. Segments The company operates in three reporting segments: Content Services (CS), Innodata Advanced Data Solutions (IADS) and Media Intelligence Solutions (MIS). Content Services segment The CS segment provides solutions to digital retailers, information services companies, publishers and enterprises that have one or more of the following business requirements: development of digital content (including e-books); development of new digital information products; and operational support of existing digital information products and systems. The company provides measurable outcomes for publishing companies, information services companies and enterprises through business transformation. E-Book Production and Distribution: The company is a producer of e-books, serving 4 digital retailers of e-books, as well as 80 trade, education and professional publishers that sell e-books. The company manufactures both standard e-books and interactive e-books in various formats (including EPUB, Mobi and Kindle) and in 12 major languages (including Japanese and Chinese). In addition, the company distributes e-books on behalf of publishers and authors to approximately 25 e-book retailers across North America, the United Kingdom, Australia and 24 countries in the European Union. Information Product Development: The company helps its clients develop high-value information products and knowledge repositories. Its clients include financial, legal, healthcare and scientific information companies. Relative to information products, its focus is on the underlying ‘content supply chain’ activities that are necessary to maintain the product. These activities often include content aggregation; extraction; encoding; indexing and abstracting; fabrication; and distribution. The company delivers these activities on an outsourced basis. The company provides digital enhancement and related production systems support for its product guides, release notes, configurations guides, installation guides and other documents. The company aggregates public source documentation from various government agencies, which it transforms, analyzes and extracts in order to support a real-time, high-value information product. The company provides support and maintenance for its digital book platform, including its customizable bookshelf and eReader applications and its conversion and fulfillment processes. Innodata Advanced Data Solutions segment The IADS segment designs and develops new capabilities to enable clients in the financial services, insurance, medical and healthcare sectors to improve decision-support through digital technologies. This segment operates through two subsidiaries: Synodex and docGenix. The main focus of the Synodex business is the extraction and classification of data from unstructured medical records in a way to provide improved data service capabilities for insurance underwriting, insurance claims, medical records management and clinical trial support services. Synodex has developed and deployed its APS.Extract product for specific use with life insurance underwriting and claims. In 2014, RGA Reinsurance Company, the principal operating subsidiary of Reinsurance Group of America, Incorporated, announced a strategic relationship with Synodex pursuant to which it intended to use Synodex's APS.Extract data and incorporate other Synodex data into its product offerings. In 2014, Synodex began producing data with its APS.Extract 3.0 release for a large insurance carrier. The main focus of the docGenix business is the extraction and classification of data from unstructured legal documents in order to improve an organization’s ability to analyze documentation and feed actionable data to downstream applications. The company provides docGenix services for a New York-based global investments company

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