CAMBRIDGE, Mass., March 9, 2004 Endeca, the only provider of advanced search and Guided Navigation solutions, today announced new, innovative enterprise search capabilities and two new strategic partnerships to help organizations turn important information - regardless of source, format or structure - into actionable intelligence. To bolster its capabilities for managing and adding structure to traditionally unstructured documents and content -- emails, Word documents, PowerPoint presentations, PDF files, etc. - Endeca has teamed with Stratify, the leader in unstructured data management software, and Taxonomy Warehouse (part of Synapse Corporation), a leading provider of industry-specific thesauri, taxonomies and controlled vocabulary. In addition, Endeca announced the immediate availability of Endeca ProFind 4.1, the latest version of its award-winning enterprise search and navigation platform.
Managing Unstructured Information and Bridging the Content Continuum
Endeca ProFind 4.1 gives organizations a single platform to capture, manage and retrieve both structured and unstructured content across the entire enterprise, quickly providing employees, partners and customers with a seamless, contextual view of all relevant information available.
Search will mature from beyond helping people find what there are looking for to helping people understand what they’ve found, notes Paul Sonderegger, principal analyst at Forrester, in a June 2003 report titled, "The Future Of Enterprise Search." He adds that the key is making the most of structure in content and creating it where it doesn’t exist. (http://endeca.com/products/forrester_future.shtml).
Endeca ProFind effectively manages unstructured information through superior, next-generation search capabilities, and by leveraging advanced techniques to create structure in "unstructured" documents. Endeca is uniquely able to take advantage of this structure through Guided Navigation - an approach which dynamically presents users with ways to refine a set of results, based on meta-data inherent in, or added to, the documents.
By entering into a strategic partnership with Stratify, Endeca can now offer advanced categorization by leveraging a customer's homegrown taxonomies, directly importing industry standard taxonomies, or by taking advantage of Stratify's auto-generation capabilities to dynamically create taxonomies using documents from any combination of corporate repositories and/or Internet sources. In addition, its partnership with Taxonomy Warehouse will enable Endeca to better serve customers across dozens of key verticals with hundreds of pre-built, industry-specific taxonomies -- under the primary headings of Business, Health, Products & Services, Technology and Social Sciences.
These new capabilities will enable customers to take full advantage of Guided Navigation to both refine searches and browse related content - yielding relevant and accurate in a few clicks of a mouse.
There are dozens of financial services, manufacturing, information publishing and government organizations already realizing significant benefits from the Endeca ProFind platform. Recent examples include:
Fortune 100 market leader in consumer financial services - Using Endeca ProFind as single information backbone for multiple employee-facing corporate portals for more than 75,000 employees; integrated structured and unstructured content from Epicentric Portal, IBM Websphere, Vignette and Lotus Notes.
IHS - Publisher of engineering and technical documents used Endeca ProFind to realize over $500,000 in IT savings and turbo-charge performance; indexing time was cut from four days to eight hours.
Endeca ProFind 4.1 - New Capabilities
"Endeca ProFind 4.1 is designed to help companies extract maximum value and advantage from all organizational knowledge and available enterprise content - regardless of structure," said Jim Baum, president and COO of Endeca. "With an enhanced solution and strategic partnerships, Endeca can help customers optimize operational efficiencies and realize business performance goals by elevating enterprise search from simple document retrieval into a central platform for content and application integration." Endeca Search and Guided Navigation solutions help businesses across a variety of sectors like financial services, manufacturing, information publishing, business-to-business and business-to-consumer with applications that address the information overload problems associated with information access and retrieval. Endeca solutions are built on innovative technology that makes it possible for the first time to offer Guided Navigation and advanced search on structured and unstructured information with high performance and low total cost of ownership at any scale.
About Endeca
Endeca offers innovative Endeca Search and Guided Navigation information delivery solutions for companies who need to integrate, discover, and navigate enterprise data to solve the business problems associated with information overload. Endeca technology, a winner of Computerworld’s 2003 Innovative Technology Award, is already at work for leading government, financial services, business-to-business and retail organizations like the Library of Congress, IBM, Barnes & Noble, Putnam Investments, and Arrow Electronics. Endeca solutions empower users to explore and discover relevant relationships in data and find accurate and precise results with unprecedented speed. This search and navigation technology can be applied across a wide-range of enterprise and customer applications including Knowledge Management, Customer Relationship Management (CRM), customer self-service, analytics, catalogs, directories, and portal integration. Endeca is a privately held company headquartered in Cambridge, MA. Endeca is an IBM Advanced Business Partner. For more information, visit www.endeca.com or email us at info@endeca.com.
About Taxonomy Warehouse
Taxonomy Warehouse (www.taxonomywarehouse.com) is produced by Synpase, the Knowledge Link Corporation (www.synaptica.com). Synapse offers both ready-made and custom-made taxonomies, enterprise-class taxonomy management software solutions, domain expertise and professional lexicography/indexing services. Synapse's goal is to help companies make their information easier to navigate, reduce time spent on searching and improve the accuracy of information retrieval. Its Denver, Colorado-based management and consulting team is supported by a nationwide network of contractors, including professional lexicographers, taxonomists, indexers, software developers and domain specialists.
About Stratify
Stratify is a leader in unstructured data management software. The Stratify Discovery System is a complete enterprise software platform that helps companies harness today's vast amounts of corporate information by automating the process of organizing, categorizing, discovering and acting on the business-critical, unstructured information that is usually found in documents, presentations and Web pages. By structuring previously difficult-to-organize information, Stratify software technology provides companies Intelligence-at-a-Glance, even as it increases the value of existing corporate applications. Stratify software solutions provide information firepower for many types of industries, including media, oil and gas, as well as government and intelligence. Founded in September 1999, Stratify is a privately held company that has received funding from Mobius Venture Capital and In-Q-Tel, a private venture arm supporting the CIA. Recipient of Computerworld's Innovative Technology Award in 2002 and named as one of the 100 KMWorld's Companies That Matter for the second consecutive year by KMWorld in 2003, Stratify is headquartered in Mountain View, Calif. For more information about Stratify, please visit www.stratify.com.