Skytide and Inxight Announce Partnership to Provide Comprehensive Text Intelligence Solution
Partnership Answers the Increasing Business Need to Use High Volumes of Textual Data to Drive Business Decisions - Without Major Disruptions to Existing Infrastructure
San Mateo, CA (PRWEB) June 26, 2007 -- Skytide, a leading provider of next-generation analytical solutions, today announced a partnership agreement with Inxight, the leading provider of federated search, extraction and visualization solutions. The partnership will leverage each company's unique strengths in analytics to deliver a comprehensive business intelligence solution for text, providing users with an effective method to extract meaning from the high volumes of unstructured textual data that flows through their organization.
Businesses today are producing an increasing volume of textual documents; up to 17.5 trillion electronic documents and over 52 billion corporate emails are sent out every day. Until now, a critical disconnect has existed in the ability of technology solutions to deliver complete and timely intelligence based on these extreme volumes of highly complex text.
"Inxight is excited to partner with Skytide to help our customers improve their utilization of unstructured text," said Ian Hersey, Inxight's Founder and Sr. VP of Corporate Strategy. "Enterprises increasingly demand the ability to perform ad-hoc analysis across millions of textual elements to quickly identify trends and business insights. The Inxight/Skytide relationship enables this deep analysis across high volumes of textual data, without requiring major changes to an enterprise's infrastructure."
The new partnership's resulting solution will take advantage of Inxight's ability to add structure to unstructured textual data, something that has not yet been achieved by traditional business intelligence tools. The Inxight text analytics engine produces an XML based markup from raw text. The markup "tags" unique elements of the textual document (i.e., paragraphs, sentences, phrases, words, and entities) to enable Skytide to perform analysis across vast volumes of text.
The Skytide solution is an XML-based analytical platform that works directly on source data, such as the XML-tagged files produced by Inxight, without any of the additional data transformation required by conventional BI tools. This allows business users to push extreme volumes of highly complex data through the analytical process in near real-time and without any of the information loss inherent in any data transformation process.
The types of intelligence businesses will now be able to track include:
| | - Competitive Market Intelligence
- Compliance & Risk Assessment
- Customer Satisfaction & Retention
- Marketing Campaign Management
- Lead Conversion
- Contracts Management
|
"We are pleased to announce the partnership with Inxight, whose XML-based text analytics engine is paired seamlessly with the XML-based Skytide Analytical Platform™," said Joseph Rozenfeld, vice president, strategy and solutions, Skytide. "Together, we deliver a unique approach to business analytics for text, one that can't be met with traditional, relational data technology based, business intelligence solutions. Skytide working with Inxight succeeds in offering businesses the only true multi-dimensional intelligence solution for textual documents. The power of this joint solution has been proven in the field with the immediate adoption by joint customers."
The Skytide and Inxight solution is available today. For more information please contact Skytide via e-mail or 650-292-1900.
About Skytide
Skytide is a leading provider of next-generation analytical solutions that deliver an unprecedented view into what is driving business performance. Skytide's award-winning technology uses XML as a common layer to dramatically reduce system complexity while offering advanced functionality that cannot be achieved by traditional BI technology. Application areas for Skytide technology include network services, contact centers, and other areas of business that generate significant volumes of mission-critical unstructured and semi-structured data. Skytide partners include IBM, Sun Microsystems and Inxight. Based in San Mateo, Calif., Skytide is a privately held company funded by Granite Ventures and El Dorado Ventures. For more information about Skytide, please visit www.skytide.com.
About Inxight
Inxight Software, Inc. is the leading provider of enterprise software solutions for information discovery. Using Inxight solutions, organizations can access and analyze unstructured, semi-structured and structured text to extract key information to enable business intelligence. Inxight is the only company that provides a complete, scalable solution enabling information discovery in more than 30 languages. Customers include enterprise companies such as Air Products, AOL, Merrill Lynch, Morgan Stanley, and Thomson, multiple U.S. and foreign government agencies, including the Department of Defense, Defense Intelligence Agency, Department of Homeland Security and Commonwealth Secretariat, and software OEMs such as SAP, SAS, Oracle and IBM. The company has offices throughout the United States and Europe. For more information, visit www.inxight.com or call 1-408-738-6200 or +44 (0) 1252 761314
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