January 12, 2023 | Press Release
MINNEAPOLIS, Minn. – Jan 12, 2023 –Datasite, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, has been named a winner in the 2023 BIG Innovation Awards - financial services, presented by the Business Intelligence Group (BIG).
“We are constantly investing in innovation, applying artificial intelligence (AI) and machine learning to automate many of the more time consuming and mundane tasks in the M&A management process,” said Doug Cullen, Chief Product and Strategy Officer. “At a time of volatile market conditions, speed is key for dealmakers. Automating these tasks leads to faster, more efficient deal execution and better deal outcomes. It’s terrific to see our efforts recognized by BIG.”
The annual business awards program recognizes organizations, products, and people that are bringing new ideas to life in innovative ways. Organizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were judged by a select group of business leaders and executives who volunteered their time and expertise to score submissions.
“Innovation is the lifeforce for many organizations as the world and our culture continues to evolve,” said Maria Jimenez, chief nominations officer of the Business Intelligence Group. “We are honored to award these executives, companies and products the BIG Innovation award this year.”
Dealmakers in more than 170 countries make their deals in Datasite, including 21 of the top 25 legal firms and all the top 20 global financial advisory firms. In 2021, Datasite facilitated more than a third of the top 100 global deals, a third of the top Americas deals, and nearly half of the top EMEA deals.
In addition to this award, Datasite has received numerous other awards for its products from BIG, including a 2022 BIG Business Award for Product of the Year, a 2022 BIG Artificial Intelligence Excellence Award and a BIG silver Best in Biz Awards International 2022.
Datasite is a leading SaaS provider for the M&A industry, empowering dealmakers around the world with the tools they need to succeed across the entire deal lifecycle. For more information, visit www.datasite.com.
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