|[April 23, 2014]
IHS Granted Key Patent for Proprietary, Next-Generation Search Technology
ENGLEWOOD, Colo. --(Business Wire)--
IHS (News - Alert) Inc. (NYSE: IHS), a leading global source of critical information
and insight, today announced it has been granted a new patent for the
question-answering technology behind its award-winning IHS Goldfire
software, used by companies to accelerate research and power innovation.
Patent No. 8,666,730, labeled "Question-Answering System and Method
Based on Semantic Labeling of Text Documents and User Questions,"
further extends more than two decades of leadership by IHS Goldfire in
precision search technologies. The patent was issued by the United
States Patent and Trademark Office on March 4, 2014 and is valid through
The patent covers the semantic concept "lenses" that IHS Goldfire uses
to accelerate research. The lenses correlate with the human knowledge
system, organizing and presenting answers to engineers' or scientists'
questions - even questions they did not think to ask. These lenses
surface concepts in documents' text, enabling users to rapidly explore a
concept's definitions, applications, advantages, disadvantages and more.
Unlike today's textual, question-answering technologies, which work as
meta-search engines to search for text fragments by keyword and then try
to extract answers similar to the text fragment, the IHS Goldfire
approach is entirely unique - providing relevant answers, not lists of
largely irrelevant documents. With IHS Goldfire, hundreds of different
document types can be parsed by a semantic processor to extract semantic
relationships like subject-action-object, cause-and-effect and dozens
more. Answer-extraction patterns are the applied on top of the semantic
data extracted from documents and answers are saved to a searchable
Studies show that engineers and other technical professionals can spend
a third or more of their time looking for information scattered across
numerous information sources. IHS Goldfire gives users a single point of
access to standards, patents, technical journals, enterprise data and
more as well as the ability to look across that knowledge for answers
and insights. The concept lenses of IHS Goldfire dramatically improve
upon current research practices which are time consuming, labor
intensive and limited to the user's own experience and understanding of
where to look for answers, drastically cutting research time.
"Today's engineers and technical professionals are underserved by
traditional Internet and enterprise search applications, which help them
find only the documents they already know exist," said Igor Sovpel,
chief scientist for IHS Goldfire. "With this patent, only IHS Goldfire
gives users the ability to quickly synthesize optimal answers to a
variety of complex challenges."
"We are pleased to have our technology recognized by the United States
Patent Office and congratulate our development team for this important
accomplishment," said Chad Hawkinson, vice president, product design for
IHS. "Through their dedication, innovation and expertise, this team has
given our customers a powerful technology and a competitive advantage."
More information on IHS Goldfire can be found at http://www.ihs.com/products/design/software-methods/goldfire/index.aspx
About IHS (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and
analytics in critical areas that shape today's business landscape.
Businesses and governments in more than 165 countries around the globe
rely on the comprehensive content, expert independent analysis and
flexible delivery methods of IHS to make high-impact decisions and
develop strategies with speed and confidence. IHS has been in business
since 1959 and became a publicly traded company on the New York Stock
Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is
committed to sustainable, profitable growth and employs more than 8,000
people in 31 countries around the world.
IHS is a registered trademark of IHS Inc. All other company and
product names may be trademarks of their respective owners. © 2014 IHS
Inc. All rights reserved.
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