iSOCO has appointed Luis Vega as the new development manager for its Sourcing Transformation Business Unit. Vega, will coordinate the growth strategy for the online sourcing management solutions division.

• The IT firm, which specialises in the network economy, has released an expansion to its electronic provider negotiation tool iQuotes 4.0

• iSOCO's innovation laboratory, iLAB, has become an international leader in semantic technology and artificial intelligence, participating in various research projects geared towards transforming the current Web into an intelligent environment

The 2011 Extended Semantic Web Conference has recognised miKrow as the best tool for applied research on the Semantic Web.

iSOCO, a specialist in developing and positioning companies in the Network Economy through proprietary technology, has continued to grow since achieving a turnover of 6.3 million euros in 2010