It’s Hot: Expert System’s CEO on Buzz in Natural Language Processing
– Natural language processing (NLP) is red hot. Hardly a week goes by without a bigshot tech CEO declaring NLP to be a core technology or a mainstream publication providing coverage. Beyond the buzz, how are companies doing that have managed to productize NLP?
One of these companies is Italy-based Expert System, whose 2015 financial statements were approved by shareholders on June 28, 2016. For the year ended December 31, 2015, Expert System reported revenues of EUR 23m (pro-forma EUR 30m), EBITDA of EUR 1.2m (pro-forma EUR 1.8m), EBITDA margin of 7.3% (pro-forma 8.3%), and a net financial position of EUR 10.5m. The pro-forma figures reflect the acquisition of competitor TEMIS. The deal closed mid-2015.
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