Business Summary: SEGMA Technologies, Inc. is an IT company focused on developing software solutions to complex problems. It develops and markets two product lines: i) Corporate Governance Rating and Risk Management Software, and ii) Intelligent Tutoring Systems--online software for Cyber Security Education and STEM (Science, Technology, Engineering and Mathematics) courses.
SEGMAs KaeloŽ software automates the board and management effectiveness rating process to make governance information accessible and affordable to most stakeholders and regulators.
Customers' Corporate Governance Problem: Company stakeholders need transparent access to reliable and affordable information on the management and control structures (i.e., corporate governance) of the company. However, the current manual interpretation of text intensive data to rate board effectiveness makes the service too expensive for most customers.
Kaelo software addresses the high cost associated with knowledge mining from natural text, i.e., Text Analytics. Using text and knowledge mining technology, the company has developed KaeloŽ - An Automated Corporate Governance Rating System software that automates the process used to measure the effectiveness of the board of directors and executives of public companies. KaeloŽ software can empower investors, regulators, and analysts to assess the risks associated with board effectiveness in governance/ethics, compensation, auditing, and finance. A version of the tool can be used by corporate governance analysts for e-Discovery and due diligence analysis. Instead of spending hours or days analyzing text intensive documents and associated labor cost for corporate governance analysis, KaeloŽ presents relevant passages from company documents to aid the analyst, thus improving productivity while reducing costs. Another version of KaeloŽ presents the governance ratings with minimal input from the users.