Under these agreements, Nstein will commercialize a search technology initially developed by NRC [ National Research Council of Canada ] under the name “Factor” and ensure its ongoing development at a joint lab with NRC. Factor is a next-generation search technology capable of detecting and decoding relationships between facts and entities tagged by Nstein’s advanced text analytics tools in documents and unstructured information...By making semantic searches customizable and interactive, it leverages the power of linguistic-based text analytics like no other technology can. Factor acts as a magnifier of Nstein’s capabilities, creating a relational layer that identifies links between facts (business acquisitions, hirings, financial statements, etc.) and entities (people, geographic locations, currencies, etc.). For example, a user can quickly zero in on “What investments have American companies made in European companies over the last 3 years?”. Factor’s and Nstein’s technologies, able to differentiate the nature of words and their relationship, would return a strategically narrowed-down list of meaningful results. In contrast, mainstream search engines, which do not have these differentiation capabilities, would generate countless hits only based on keyword matching and requiring a great deal of time and effort to sift through.
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