Your Tech Story

Nuix

Nuix – An Australian Company Founded With The Goal To Extract knowledge From Unstructured Data.

Nuix is a publicly-traded company that was founded in 2000. The company’s main goal is to collect vast quantities of unstructured data to extract useful information from it. Every organization, big or small, needs to study data to understand every aspect of the business from the consumer market to market regulations. So, the solutions of this company are very useful especially to big corporations that have millions of customers across the world meaning more unstructured data. Some of the biggest clients of Nuix are Airbus, Amazon, American Express, Barclays, AIG, etc. Nuix currently serves more than 2,000 customers in 79 countries.

About Nuix

Nuix is a software development company with its headquarters based in Sydney, Australia. The company develops innovative software to harness the power of unstructured data to its full potential. Nuix’s technology is used for various purposes in the digital world including data privacy, data governance, financial crimes, digital forensics, regulatory compliance, etc. Nuix has been the recipient of several prestigious awards because of its innovative technology. The company currently has around 400 employees and the numbers didn’t change much since 2006. Apart from Australia, the company has headquarters in Asia, the Middle East, North America, and Europe.

Truth be told, though organizations keep records of every employee, every customer in an organized way, the amount of unstructured data exceeds the structured data. The data received from social media, online communications, etc are messy but they are important. And, Nuix’s technology helps in visualizing and analyzing this chaotic data into something more meaningful that businesses could use to increase their growth. The six primary products of the company are Nuix Adaptive Security, Nuix Automation, Nuix Discover, Nuix Investigate, Nuix Enterprise Collection Center, and Nuix Workstation.

Nuix
Image source: marcustoday.com

David Sitsky – Brain Behind the Technology

David Sitsky is the main brain behind founding Nuix. He had immense knowledge in complex operating systems and large-scale parallel computing. He dedicated his career to developing algorithms that could search through search and analyze through the unstructured and messy data from emails and any social platforms. He understood that his idea has good potential when one of the largest employers in Canberra used his algorithm to find some inappropriate image that was attached to an email. After the attempt was successful, it became the first evidence that Sistky’s algorithm is very powerful and it could find things with forensic accuracy. Even today people of the company believe that Sitsky was able to build software like this because he was able to imagine the amount of unstructured data that will generate in the future.

History of Nuix

Nuix has grown beautifully over the last twenty years. From a one-man operation, today fifty software developers and ninety software engineers work in America in sync with employers in Sydney. America is a huge market for Nuix’s technology especially for the tech giants that are dominating the digital market across the world. For the unique and impactful work done by the company, Nuix was offered a contract by the Securities and Exchange Commission in 2010.

In 2012, the company bagged the Australian Export Awards for the Information and Communication Technology category and also won the Premier’s NSW Exporter of the Year Award in 2015. Nuix was also made an Industry Partner of the International Multilateral Partnership Against Cyber Threats. It was only in 2020 that Company decided to go public and filed its IPO. It is currently listed on the Australian Securities Exchange and the largest shareholder of the company is Macquarie Group.

Jonathan Rubinsztein – CEO of Nuix

Jonathan Rubinsztein is the new CEO of Nuix who was appointed in December 2021. Before that, he was the CEO and Managing Director of Informedia Ltd. He is also an entrepreneur who founded DXC Red Rock and served as its CEO for more than sixteen years. Rubinsztein is also the founder of RockSolid SQL, a company that developed a database management product. After his post-graduation, his career started with Accenture where he joined as a consultant.

Leave a Comment

Your email address will not be published. Required fields are marked *