Profile: Patrick Condo

Jul 9, 2001  •  Post A Comment

Title: President and CEO of Convera in Vienna, Va.
Background: Convera, which provides software to manage digital content, was formed in December 2000 when Excalibur Technologies merged with Intel’s interactive media services division. Intel now owns 55 percent of Convera, while the National Basketball Association owns 9 percent of the company. Convera has a 10-year agreement with the sports league to manage some of its content on NBA.com. Mr. Condo served as president and CEO of Excalibur for five years and has been with the company since 1992. Prior to joining Excalibur, he ran the video business unit for Digital Equipment Corp.
Content management: “We believe next-generation infrastructures are going to require the ability to manage a variety of digital data,” Mr. Condo said. Convera operates as a one-stop shop, offering software that allows for the acquisition, management, protection and delivery of digital content. Convera’s main software products are Screening Room 2.2, which allows users to capture video, catalog content, create rough cuts and publish video footage, and RetrievalWare, a high-end index and search system for text documents.
Growth: Mr. Condo believes Convera is poised to take advantage of a growing trend toward converting archives into a digital form. That phenomenon is being driven by three factors, he explained. First, since RealNetworks, Microsoft and Apple players have become intrinsic to their operating systems, more corporations and Web sites have been able to offer nontextual data. Second, storage is becoming increasingly cheaper. Finally, despite the current economic slowdown, broadband connectivity continues to grow. “Most corporations that have [archivable content] haven’t put the software in place to manage all this,” he said. That’s where Convera comes in. Convera helps companies manage their content inside the firewall, on intranets, as well as outside the firewall on the Internet.
Customers: Besides the NBA, Convera’s customers include ABC News and Discovery Communications. For the last six months, Convera has used its software to capture, index and publish highlights from several NBA games, including post-season play. The game highlights are searchable by player, and users can create their own customized highlights of games using Convera’s technology. Convera has also been contracted to digitize portions of the NBA’s 50-year video archives and publish those online as well.