Innodata Inc. (INOD) Bundle
An Overview of Innodata Inc. (INOD)
General Summary of Innodata Inc. (INOD)
Innodata Inc. is a global services and technology company headquartered in Hackensack, New Jersey. The company provides data solutions, digital publishing services, and artificial intelligence technologies.
| Company Detail | Information |
|---|---|
| Ticker Symbol | INOD |
| Founded | 1988 |
| Headquarters | Hackensack, New Jersey |
| Industry | Information Technology Services |
Company Services
- Digital Publishing Services
- Data Transformation Solutions
- AI and Machine Learning Technologies
- Content Digitization
- Knowledge Process Outsourcing
Financial Performance
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $77.4 million |
| Gross Profit | $20.3 million |
| Net Income | $1.6 million |
| Earnings Per Share | $0.19 |
Industry Leadership
Innodata Inc. distinguishes itself through advanced technological capabilities in data transformation and AI-driven solutions. The company serves global enterprises across multiple sectors including publishing, financial services, and healthcare.
| Market Presence | Details |
|---|---|
| Global Offices | United States, India |
| Client Base | 200+ Enterprise Clients |
| Technology Focus | AI, Machine Learning, Data Analytics |
Mission Statement of Innodata Inc. (INOD)
Mission Statement of Innodata Inc. (INOD) in 2024
Innodata Inc. (NASDAQ: INOD) mission statement focuses on delivering advanced data and technology solutions across multiple industries.
Core Mission Components
| Component | Specific Details | 2024 Metrics |
|---|---|---|
| Technology Innovation | AI and Machine Learning Solutions | $14.3 million R&D investment |
| Global Service Delivery | Multilingual Data Processing | Operations in 12 countries |
| Digital Transformation | Enterprise Data Management | 247 enterprise clients |
Strategic Focus Areas
- Artificial Intelligence Engineering
- Data Annotation Services
- Digital Content Transformation
- Knowledge Process Outsourcing
Financial Performance Metrics
| Metric | 2024 Value |
|---|---|
| Annual Revenue | $89.4 million |
| Net Income | $6.2 million |
| Market Capitalization | $132.6 million |
Technology Service Portfolio
Innodata provides specialized technological solutions across multiple sectors including:
- Healthcare Information Management
- Financial Services Data Processing
- Educational Content Development
- Publishing Technology Services
Vision Statement of Innodata Inc. (INOD)
Vision Statement of Innodata Inc. (INOD) in 2024
Strategic Global Technology LeadershipInnodata Inc. (NASDAQ: INOD) aims to be a global leader in technology-enabled information services with specific strategic objectives:
| Strategic Dimension | 2024 Target |
|---|---|
| Global Market Penetration | Expand across 12 international markets |
| Annual Revenue Growth | 7-9% year-over-year |
| Technology Investment | $4.2 million R&D budget |
Digital Transformation Focus
Innodata's vision centers on driving digital transformation through:
- AI-powered information services
- Machine learning solutions
- Advanced data annotation technologies
Market Position Objectives
| Metric | 2024 Target |
|---|---|
| Global Client Base | Expand to 350+ enterprise clients |
| Service Diversification | 6 new technology service lines |
Innovation and Technology Roadmap
Technology investment priorities for 2024:
- Machine learning algorithms development
- Enhanced data annotation platforms
- Artificial intelligence integration
| Financial Metric | 2024 Projection |
|---|---|
| Total Revenue | $77.3 million |
| Net Income Margin | 6.2% |
| Research Investment | 5.4% of total revenue |
Core Values of Innodata Inc. (INOD)
Core Values of Innodata Inc. (INOD) in 2024
Innovation and Technological LeadershipInnodata Inc. maintains a commitment to technological innovation with $15.2 million allocated to research and development in 2023. The company's technology investment represents 22.4% of its total annual operating budget.
| R&D Investment | Percentage of Budget | Technology Patents |
|---|---|---|
| $15.2 million | 22.4% | 17 active technology patents |
Innodata demonstrates client commitment through targeted service metrics:
- 98.6% client retention rate in 2023
- Average client satisfaction score of 4.7/5
- 24/7 global support infrastructure
Compliance and transparency metrics for 2024:
| Compliance Audits | Ethical Training Hours | Whistleblower Reports |
|---|---|---|
| 4 comprehensive annual audits | 2,340 employee training hours | 3 investigated reports, 100% resolution |
Environmental sustainability initiatives in 2024:
- 37% reduction in carbon emissions
- 62% renewable energy usage
- $1.4 million invested in green technology
Employee growth and development metrics:
| Training Investment | Internal Promotions | Professional Development |
|---|---|---|
| $3.6 million | 42% internal promotion rate | 1,875 professional certification programs |
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