Earnings Call Excerpt
Here’s the entire text of the Q&A from Insightful Corporation’s (ticker: IFUL) Q3 2005 conference call. The prepared remarks are here.
Q&A
Operator:
Thank you. The question-and-answer session will be conducted electronically. If you’d like to ask a question, please do so by pressing the star key followed by the digit one on your touch-tone telephone. If you are using a speakerphone, please make sure your mute function is turned off to allow your signal to reach our equipment. We’ll proceed in the order that you signal us and take as many questions as time permits. Additionally, please limit yourself to one question and one follow-up question at a time. Again, please limit yourself to one question and one follow-up question at a time. Once again, please press star one if you do have a question.
The first question comes from Ashok Ahuja with ICOR.
Ashok Ahuja: Hi. A few questions on InFact, follows on to the last question, I guess. Could you help position the product a little bit? Is there something in the market that you would compare it to? And when you’re talking about possible strategic relationships, what kinds of companies would you possibly be looking at as viable partners for InFact?
Jeff Coombs: OK. What products would we compare it to? I would say that the closest products in terms of pure technology would come from companies such as Attensity or Clear Forest are traditionally in the area of what’s called enterprise search. And the idea is that instead of looking for key words you actually try two participle sentences and you try to understand nouns and verbs and you try to extract events, relationships or actions. So, Attensity or Clear Forest might be the closest.
Our advantage is that it’s a lot easier with InFact to extract those because we do it in a more automatic and scalable way.
In terms of who might be the kinds of strategic relationships, the kinds of companies, that could – that can have a wide range. It can be anyone who provides content to the industry or to the market and are trying to find better, more accurate ways to deliver it. And so, that might be – you might think of lawyers who are trying to look through documents such as LexisNexis and trying to get information that way. It could be any of these companies that are trying to bring books to market via portal and they need a more accurate way to search it than keyword search. So, that can be anybody from a company that provides something like LexisNexis to somebody who’s developing a portal and trying to digitize any kind of information that comes from books or newspapers. It could be ?The New York Times
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