Wednesday, March 31, 2004
What we are working on:
More than half of business professionals spend over two hours a day searching for information they need to perform their jobs. When looking for information, 79% of workers seek free information on the Internet. Due to the difficulties of finding needed information on the Internet, U.S. companies are spending $107 billion a year paying employees to search for external information. Even more problematic is the lack of tools for analyzing and sharing information once it is found. VisIT is an information retrieval and knowledge management environment based on a Web services architecture that is addressing these problems. VisIT has numerous applications in research, competitive intelligence and B2B purchasing.
More than half of business professionals spend over two hours a day searching for information they need to perform their jobs. When looking for information, 79% of workers seek free information on the Internet. Due to the difficulties of finding needed information on the Internet, U.S. companies are spending $107 billion a year paying employees to search for external information. Even more problematic is the lack of tools for analyzing and sharing information once it is found. VisIT is an information retrieval and knowledge management environment based on a Web services architecture that is addressing these problems. VisIT has numerous applications in research, competitive intelligence and B2B purchasing.
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