March 29, 2023 | Press Release
MINNEAPOLIS, Minn. – March 29, 2023 – Datasite, a leading SaaS-based technology provider for global mergers and acquisitions (M&A) professionals, has been recognized as a winner in the 2023 Business Intelligence Group Artificial Intelligence (AI) Excellence Awards program, marking the second consecutive year Datasite has been honored.
The company was named as a winner in the product category for its AI- and machine learning-powered applications, which help dealmakers streamline collaboration and improve efficiency, especially throughout the due diligence process, to achieve more successful deal outcomes.
“As M&A continues to face challenges posed by a volatile business environment, it’s more important than ever that dealmakers have the tools they need to seamlessly support their transactions,” said Doug Cullen, Chief Product and Strategy Officer at Datasite. “These applications combined with Datasite Cloud™, our purpose-built platform for managing every stage of the dealmaking process, means dealmakers can efficiently and effectively manage all of their work, including pipeline management, asset marketing, sell-side and buy-side due diligence, and post-merger integration, in one place to reduce risks and mitigate some of that uncertainty.”
The BIG AI Excellence Awards recognize those organizations, products and people who bring AI to life and apply it to solve real problems.
“We are so proud to name Datasite as a winner in our Artificial Intelligence Excellence Awards program”, said Maria Jimenez, chief nominations officer for Business Intelligence Group. “It was clear to our judges that Datasite was using AI to improve the lives of their customers and employees. Congratulations to the entire team!”
Dealmakers in more than 170 countries make their deals in Datasite, including 74 of the top 100 legal firms and all the top 20 global financial advisory firms. In 2022, the company facilitated a quarter of the top 100 global deals.
Datasite has been recognized for numerous other awards in the last 12 months, including a 2023 BIG Innovation Award for Financial Services, a 2022 BIG Business Award for Product of the Year, and a 2022 International Best in Biz Award for enterprise product of the year in the financial software category.
To learn more about Datasite, please visit: www.datasite.com.
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
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization’s proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
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