An interesting update to Verity's search software. Verity software resides at the core of most EIP implementations.
Verity's New K2 Enterprise Software Harnesses the Power of Social Networks for Corporate Portals and Intranets
Deloitte Consulting to Integrate Verity K2 Enterprise Into Its Worldwide Corporate Portal
biz.yahoo.com
SUNNYVALE, Calif., July 30 /PRNewswire/ -- Verity, Inc. (Nasdaq: VRTY - news), a leading provider of infrastructure software powering enterprise and e-commerce portals as well as e-business applications, today announced the release of Verity® K2 Enterprise, advanced portal infrastructure software for corporate portals and intranets. Verity K2 Enterprise (K2E) integrates into enterprise portals to rapidly search, classify, categorize and personalize vast amounts of information and data residing in both internal and external repositories.
Social Networks Feature Helps Find Experts and Documents
Verity K2 Enterprise has a three-tier foundation that allows enterprises to organize, discover and connect electronic information. Discover means search. Organize means automatic classification. Connect means social networks. Social Networks focus on the patent and latent relationships between the people in an organization and the documents they create, modify, access, search and organize. Verity K2E's personalization feature identifies subject ``experts'' within an enterprise and automatically links users to them while recommending documents based on the users' behavior or search criteria. The result: Verity K2E transcends searching and allows humans to interact with other humans to maximize the efficient utilization of a corporation's information assets. For example, an engineer searching for a product's technical specifications may also locate the product's developers and find relevant documents judged as important by others in the enterprise.
``The typical search software deployed to support business portals has so far been a big disappointment,'' said Hadley Reynolds, Director of Research at market expert Delphi Group, Boston, MA. ``Professionals who are making the transition to portal desktops need broader, more flexible, and more intelligent performance from the knowledge side of their portal infrastructure. With this release, Verity is introducing a host of new technology to address this portal shortfall. The software takes an innovative approach to integrating elements of knowledge engineering, personalization, and network discovery to make portal knowledge resources active and available.''
``Verity's vision of Social Networks as a tool to unite people, business needs, and data into a single framework is compelling,'' said Jonathan Spira, chief analyst with The Basex Group. ``This technology has the very real potential to harness untapped value within the enterprise by leveraging the power of community.''
Deloitte Consulting, a Verity customer since 1998, will integrate Verity K2E into its corporate portal. ``Verity's robust search technology has served our firm well over the years, so we are confident the added power of Verity K2 Enterprise will prove even more beneficial for our staff,'' said Larry Quinlan, Global CIO for Deloitte Consulting. ``Verity K2 Enterprise will help to connect our 15,000 consultants worldwide to the more than 250,000 mission-critical documents from a variety of service databases and resources. Our consultants will spend less time looking for data and more time delivering quality service to our customers.''
Verity K2E is a fault-tolerant, highly scalable solution that delivers a host of other advanced search capabilities, such as adaptive ranking and support for 26 languages. The product also offers full gateway support to leading information repositories, including Lotus Notes, Microsoft Exchange, ODBC and Documentum, and runs on Windows NT/2000 and Solaris.
``We believe Verity K2 Enterprise can help all types of organizations put the right information into the hands of the right people -- quickly and easily,'' said Anthony J. Bettencourt, Verity's president. ``We are confident that Verity K2 Enterprise will deliver high ROI for customers like Deloitte Consulting by streamlining information retrieval and boosting employee productivity.''
According to a recent IDC report, ineffective and inefficient knowledge management systems will cost Fortune 500 companies $31.5 billion by 2003. Several Verity K2E features help enterprises better manage those systems and improve efficiency:
Intelligent Classification: Automatic classification that can be augmented with human intellect using business rules that can be easily created and modified provides a very flexible set of options and best practices for successful, scalable enterprise document classification. The best practices in an environment might dictate that the administrator begins by specifying a simple rule for each topic, testing the rule on a sample corpus of documents, then exemplifying some of the classified documents as positive or negative examples for the topic. The system then incorporates this relevance feedback and refines its model of the topic.
Advanced Knowledge Mining: Time-saving features include parametric search, so users can easily retrieve structured or semi-structured information; category drill-down that lets users navigate information by clicking through folders; and full-text search of all leading document types.
High-Performance Spider: Verity K2 Spider indexes documents from all repositories -- including email, popular information databases and widely used software applications -- for faster searching, and automatically categorizes incoming documents. Verity K2 Spider is also available in Verity K2 Catalog for e-commerce portals.
Advanced Security and Unified Access to Information Assets: The role of each individual in an enterprise dictates which documents that individual can access. For instance, a company employee not in the Human Resources department should presumably get a ``No Results Found'' message on the query ``Compensation'' even when a matching document exists and is accessible to employees who are in the Human Resources department. Verity K2E provides the level of security in which search results lists are filtered to display only the documents accessible to the user. |
