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19th January 2011, Cambridge, UK - Linguamatics, a leading provider of NLP (Natural Language Processing) based text mining software, today announced the launch of its new “cloud” (online) version of the award winning I2E text mining platform. I2E OnDemand offers smaller companies the advanced, high performance text mining capabilities that big pharma companies have been using for years.
The new product features the powerful NLP based querying capabilities of the enterprise version of I2E. I2E OnDemand is being launched initially for use with MEDLINE because this massive, reputable data resource is the one most accessed for research by the pharmaceutical and biotech industries. I2E OnDemand enables business-critical questions to be answered by extracting relevant facts and relationships from large document collections, in real-time, with relevant context. The online system will be provided with a range of different vocabularies, ontologies and a library of tested “off the shelf” NLP based queries, enabling customers to produce relevant, high quality results from day one.
With I2E OnDemand, all these capabilities become accessible to small to medium sized companies, who may not have the operational infrastructure in place to deploy such a platform in-house. To date, these companies have relied largely on classic search tools which do not apply NLP, severely limiting their ability to extract meaning and insights from the underlying data in a timely fashion. With I2E OnDemand, as with I2E, users are empowered to frame queries and synthesize knowledge in ways previously not possible.
“This is an exciting time for Linguamatics”, commented Roger Hale, Linguamatics COO and co-founder. “In what was another year of rapid customer growth for us, we saw significantly increased interest in our flagship I2E text mining platform in 2010. Now, not only do the majority of the world’s top pharma companies use the system in the pursuit of new biomedical discoveries and innovations, but small to medium sized organisations are also empowered to use this technology to make a dramatic impact on their speed to insight, decision making and hence competitive advantage.”
Following successful beta testing prior to the launch, Linguamatics has already signed up new customers to the platform and anticipates significant demand for the new service. Potential users can register for a free 2-week trial of the I2E OnDemand software by visiting the Linguamatics website.
Linguamatics enables organizations to maximize the value derived from information resources through effective deployment of innovative natural language processing (NLP) based technology. The versatile semantic knowledge discovery system, I2E, helps organizations to do much more than simply cope with vast quantities of information. Its unique combination of search and text mining enables organizations to turn this information into a competitive advantage. From life sciences and healthcare to business intelligence, from media analysis to security, users mine large collections of documents, extracting, analyzing and synthesizing relevant facts, relationships and quantitative data from content such as scientific papers, news feeds, patents, or internal reports. Linguamatics has a rapidly growing user community with I2E deployed at 9 of the top-10 pharma companies. The company was founded in 2001, and is headquartered in Cambridge, UK.
The Linguamatics logo is a trademark of Linguamatics Ltd. All rights reserved. All other trademarks mentioned in this document are the property of their respective owners.
ABOUT TEXT MINING AND I2E ONDEMAND
I2E is an agile text mining system that aids organizations in discovering and synthesizing knowledge from unstructured text in large document collections. Text mining is the ability to analyze unstructured or semi structured text and derive concepts, structure and relationships from it. It is an alternative approach to traditional search engines using keywords in documents as a way of finding information. Text mining interprets the meaning of the text.
I2E OnDemand provides a complete set of indexed regularly updated MEDLINE abstracts (approximately 20 million documents) ready to be queried. The resulting data creates a powerful framework for sifting through the data and extracting the most valuable meanings from it.
I2E OnDemand is the software as a service (SaaS) version of I2E. SaaS - sometimes referred to as “software on demand” or “cloud computing” - is software that is deployed over the internet or internal networks. In the case of I2E OnDemand, Linguamatics hosts the service, which the researcher can conveniently access using a web browser.NEXT ARTICLE
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