|Weekly News Digest
August 7, 2008 — In addition to this week's NewsBreaks article and the monthly NewsLink Spotlight, Information Today, Inc. (ITI) offers Weekly News Digests that feature recent product news and company announcements. Watch for additional coverage to appear in the next print issue of Information Today. For other up-to-the-minute news, check out ITIís Twitter account: @ITINewsBreaks.
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Forrester Research Acquires JupiterResearch, LLC
Forrester Research (www.forrester.com) has acquired JupiterResearch, LLC (www.jupiterresearch.com) and its parent company, JUPR Holdings, Inc., from MCG Capital Corp. (www.mcgcapital.com) for $23 million in cash plus assumed liabilities, subject to post-closing adjustments. JupiterResearch has 82 employees and 2007 revenues of approximately $14 million. Forrester, with 2007 revenues of $212 million, now has more than 1,000 employees. This strategic purchase complements Forrester’s syndicated business model, as JupiterResearch joins Forrester’s Marketing & Strategy Client Group, which contributed $46.4 million to Forrester’s total revenue in 2007.
The Jordan, Edmiston Group, Inc. (JEGI; www.jegi.com), a provider of independent investment banking services for media, information, marketing services, and related technologies, represented Forrester Research in this transaction and acted as its exclusive financial advisor.
Forrester serves marketing and strategy, IT, and technology industry leaders across 19 professional roles. The addition of JupiterResearch will fortify Forrester’s existing data-driven insight, forward-looking research and analysis, objective advice, and best practices for marketing and strategy professionals globally. These professionals include CMOs, consumer market researchers, consumer product strategists, customer experience experts, direct marketers, interactive marketers, and ebusiness and channel specialists at major companies.
Like Forrester, JupiterResearch provides business professionals with syndicated research, analysis, and advice backed by proprietary data. JupiterResearch has a substantive and growing library of syndicated research, strong consumer data, and market forecasts.
Source: Forrester Research, Inc.
LibLime Acquires Assets of CARE Affiliates
LibLime (http://liblime.com), provider of open source solutions for libraries and CARE Affiliates (www.care-affiliates.com) announced that they have entered into a definitive agreement to sell select assets of CARE Affiliates to LibLime. The sale will include select products, related services, and domain names along with associated service contracts. Final closing is scheduled for August 2008. Carl Grant, president of CARE Affiliates will be taking a new position as president of Ex Libris, North America, effective immediately.
LibLime says its acquisition of CARE highlights one strength of open source solutions—no vendor lock in. CARE’s customers don’t need to worry about switching to new solutions. With open source, switching vendors doesn’t mean switching software. This is LibLime’s third acquisition since the company’s inception in 2005. Earlier acquisitions include Ohio-based Skemotah Solutions and Katipo Communications’ Koha division in New Zealand.
CARE Affiliates provides services and products based on open source software to libraries and information centers around the world. These services include consulting, selection, packaging, integration, installation, support, hosting (SaaS), maintenance, and continued development. Products include repositories, federated search tools, preservation and archiving solutions.
LibLime educates libraries about the benefits of open source, enabling them to make choices about how best to provide their communities and staff with better technology services. LibLime then facilitates implementation of open source in libraries by providing development, customization, support, and training solutions—solutions tailored to each library’s needs.
Dow Jones Introduces g2 BI Tool With Social Networking
Dow Jones & Co. (www.dowjones.com) announced the latest version of its g2 offering, an on-demand business intelligence application. The latest version provides linking with B2B social networking tools. g2 allows organizations to proactively identify, qualify, and connect to desired companies and executive contacts through patented technology that crawls the web and maintains databases in real time, unveiling intelligence on companies, personnel, and news. Dow Jones’ technology filters through more than 150,000 news articles daily from more than 25,000 different media sources and more than 3 million blogs to obtain this comprehensive business intelligence. Additionally, more than 100 triggers are monitored and detected daily through the mined business intelligence data.
g2 offers a database of nearly 4 million companies and 9 million executives that serve as the starting point for relationship mapping; the newest version of g2 expands on the current offering by enabling users to easily import contacts from leading applications such as Microsoft Outlook and LinkedIn. Similarly, Dow Jones’ other on-demand business intelligence application, SalesWorks, includes simple integration from executive profiles to LinkedIn, to extend access to more business information.
Enhancements include the following:
- The ability to connect executives and companies through a user’s best relationship path by optimizing corporate and personal networks through the Position search feature
- The ability to add single contacts using the biography editor
- The option to display company keywords on the company search page
- The ability to set personal affiliates to a private setting
- New processing tools that have improved the global search capabilities by allowing users to view more executive, company, and news results per page
- Enhanced search engine optimization tools that include meta keywords on the company summary page, making it easy to view the specific words and terms that a company uses to generate traffic to its website
- The addition of Canadian provinces to the search fields in triggers, companies, and executives
Source: Dow Jones & Co., Inc.
TDNet Releases New Version of Searcher Analyzer
TDNet Ltd. (www.tdnet.com), a provider of e-resource access and management solutions, announced the new version release of its Searcher Analyzer federated search tool. Version 2.7 offers enhanced federated searching, postanalysis options, and improved administrative features. Searcher Analyzer goes beyond ordinary federated searching by providing real-time text analysis, metadata tagging, and abstracting. The system connects to external databases as well as to internal repositories, and it fully integrates with all ILS and various enterprise portals such as Microsoft Office SharePoint Server (MOSS).
Where most federated search systems can display hundreds and thousands of search results, Searcher Analyzer clusters retrieved items into concepts and displays only the most relevant results, while also providing the user with newly revealed relationships among the various groupings.
Searcher Analyzer’s patented algorithm-based method for creating on-the-fly subject clustering now offers two additional modes of postsearch analysis:
- Grouping items into prenamed clusters according to a user-derived list of topics
- Applying a specific taxonomy of the user’s preference (e.g., the customer can choose to apply the MeSH vocabulary to achieve more focused search results)
The new version of Searcher Analyzer also provides a number of new administrator features including the ability to easily edit or delete a user at the single-site, multisite, group, or consortium levels. In addition, administrators can now approve or reject an online registration, add a resource from a predefined set of resources, or remove a resource from the user’s searchable set.
Source: TDNet Ltd.
OCLC Offers Web Harvester for CONTENTdm
OCLC (www.oclc.org) is now offering Web Harvester, a new product that allows libraries and other cultural heritage institutions to capture and add web content to their digital collections managed by OCLC’s CONTENTdm Digital Collection Management Software. OCLC’s Web Harvester addresses the need to store and provide access to otherwise highly transient information resources that solely exist on websites.
OCLC’s Web Harvester evolved from collaboration with several state libraries, state archives, and universities over a period of 7 years. Participants emphasized the increasing importance of collecting and managing web-based content as information resources move online yet remain within libraries’ and archives’ collection scopes.
The Web Harvester is integrated into library workflows, allowing library staff to capture content as part of the cataloging process. The Web Harvester is accessed via the Connexion client, OCLC’s cataloging service, and it captures content ranging from single, web-based documents to entire websites. Once retrieved, users can review the captured web content and add it to a collection managed by OCLC’s CONTENTdm software, a complete solution for storing, managing, and delivering a library’s digital collections to the web. Once in CONTENTdm, the web content can be accessed and managed in conjunction with other digital collections. Harvested items are discoverable from WorldCat.org, WorldCat Local, and the CONTENTdm web interface.
For additional security, master files of the captured content also can be ingested to the OCLC Digital Archive, the service for long-term storage of originals and master files from libraries’ digital collections. The Web Harvester is an optional product for current hosting users of CONTENTdm to expand their ability to collect, manage, and provide access to digital content.
HP, Intel, and Yahoo! Announce Cloud Computing Test Bed
HP (www.hp.com), Intel Corp. (www.intel.com), and Yahoo! Inc. (www.yahoo.com) announced the creation of a global, multidata center, open source test bed for the advancement of cloud computing research and education. The goal of the initiative is to promote open collaboration among industry, academia, and governments by removing the financial and logistical barriers to research in data-intensive, internet-scale computing.
The HP, Intel, and Yahoo! Cloud Computing Test Bed will provide a globally distributed, internet-scale testing environment designed to encourage research on the software, data center management, and hardware issues associated with cloud computing at a larger scale than ever before. The initiative will also support research of cloud applications and services.
HP, Intel, and Yahoo! have partnered with the Infocomm Development Authority of Singapore (IDA), the University of Illinois–Urbana-Champaign, and the Karlsruhe Institute of Technology (KIT) in Germany to form the research initiative. The partnership with Illinois also includes the National Science Foundation.
The test bed will initially consist of six "centers of excellence" at IDA facilities, the University of Illinois–Urbana-Champaign, the Steinbuch Centre for Computing of the Karlsruhe Institute of Technology, HP Labs, Intel Research, and Yahoo!. Each location will host a cloud computing infrastructure, largely based on HP hardware and Intel processors and will have 1,000 to 4,000 processor cores capable of supporting the data-intensive research associated with cloud computing. The test bed locations are expected to be fully operational and made accessible to researchers worldwide through a selection process later this year.
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