Magazine article Information Today

Collexis: The Research Fingerprint

Magazine article Information Today

Collexis: The Research Fingerprint

Article excerpt

The new year ushered in more than champagne and confetti for Collexis Holdings, Inc., a relatively new search system that hit the ground running last year with its one-of-a-kind applications for search, indexing, and aggregation. So far in 2008, the company is off to a good start:

* On Jan. 3, the company announced that it finalized a $2.2 million private placement of restricted common stock, the proceeds of which were used as the first payment to acquire SyynX Solutions GmbH, a German-based software company that has been Collexis' longtime software development partner.

* On Jan. 10, Dell and Collexis announced plans to launch BioMedExperts, a social networking community designed to promote collaborative medical research and development. Through the BioMedExperts community, healthcare and life science professionals will be able to collaborate and continue research for 1.4 million biomedical experts with 12 million pre-established network connections from more than 120 countries. The site will also allow users to analyze associated professional connections with the network and view scientific publications. Dell will provide the computer hardware and marketing support for the group.

* On Jan. 11, at the start of the ALA Midwinter Meeting in Philadelphia, Collexis announced its intention to collaborate with Thomson Scientific on future product offerings that include marrying Web of Science data in the Collexis Knowledge Dashboards for the academic and government markets.

These three events have firmly established Collexis as a key player in the search market, a position that is reinforced by its long list of established clients that include the Mayo Clinic, The Johns Hopkins University, The University of California-San Francisco, Merck & Co., Lockheed Martin, the Wellcome Trust, the National Institutes of Health, and the U.S. Department of Defense, to name just a few. By December 2007, Collexis signed 15 new customer contracts in the second half of the year as it emerged from a one-core platform to one offering a suite of products.

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The Collexis applications now reach into three basic verticals: legal, government, and STM. Its technology can be customized to just about any discipline, but the company concentrated its major efforts in biomedicine, academia, organizations, and government. Search capabilities extend beyond simple discovery; when armed with solid thesauri, Collexis can spot relationships, point to emerging trends, and even analyze the competition.

Collexis is far from an overnight success. Since its founding in 1999, Collexis was in the prep stage for 6 years. It "spent that time focused on R&D and developing its core engine to make it a success," according to Bill Kirkland, CEO. The company isn't in competition with Google either. "We have an industry-specific knowledge platform with a consumer approach," he says. This search is geared specifically to a select niche in each individual industry.

Collexis simply approaches discovery in a different way. Its patented technology retrieves information, it can discover hidden relationships in multiple content sources, and it can even map trends to help researchers formulate hypotheses from unstructured content. Much like with our own "fingerprints" (those unique whorls, loops, and arches), Collexis not only creates "fingerprints" from all content, but also from search information, whether that search involves a few words, a sentence, or a complete document. …

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