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IBM unveils an advanced Internet search platform

"Our platform is able to put context into the text."

Robert Carlson, IBM WebFountain president

US technology giant IBM on yesterday unveiled an advanced new search mechanism capable of extracting minute data from among billions of Web pages that it says could become a crucial new revenue source for the firm.

The company rolled out the new platform, dubbed WebFountain, while announcing a major deal with top content provider Factiva to exploit and develop the text tracking and retrieval system that it says is revolutionary.

"While a regular search just does key word matching, our platform is able to put context into the text [on the Internet] and customize it for a corporation or a user," said IBM WebFountain president Robert Carlson. "The challenge of doing this on billions of pages is a significantly different technical problem compared to what currently exists on the marketplace."

"While a search [engine] is a very powerful tool, we think this is the next generation of [platforms] that mine large bodies of unstructured information and get the meaning out so that it can be used in business," he said.

IBM says the platform, the result of four years work at its Almaden research base in California, is able to intelligently use a massive data index that it builds up.

The system, run by a supercomputer that absorbs 25 million Web pages a day from the Internet, learns to recognize and put into context particular phrases and groups of words on command.

It begins to associate names and people in articles about a certain subject and gathers specific information that can be used as a business intelligence tool, he said.

The platform could allow firms such as advertising agencies and content providers to search huge quantities of text and come up with the precise data they are looking for, saving time and manpower.

It would allow firms to track business trends or pick up scuttlebutt about their industry, themselves, their clients and their competitors by paying a fee for the use of the computer infrastructure each time they need data.

IBM believes that the platform could prove very lucrative for the company by helping to expand the market from an estimated US$500 million a year to around US$8 billion in five years.
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