Web Search Portal Built on FAST Technology Receives Prestigious Data Warehouse Award.OSLO, Norway and NEEDHAM, Mass. -- Leading Local Search Service Recognized for Its Innovative Use of FAST Adaptive Information Warehouse, Data Cleansing and Search Technology Fast Search & Transfer(TM) (OSEAX: FAST.OL) (FAST(TM)), the leading developer of enterprise search technologies and solutions, today announced that Schibsted Sok has been presented with the Data Warehouse Award honoring its use of FAST technology to develop leading Norwegian local search service Sesam.no. The prize was presented at the 10th annual Data Warehouse conference hosted by Confex Norway and acknowledges sophisticated solutions which are developed and integrated in a way that makes them mission critical for today's businesses. According to Forrester Research, the overall information quality market is on course to pass the $1 billion mark by 2008 ("Information Quality Market On Target To Top $1Billion By 2008," Forrester, March 2005). Many businesses face massive amounts of "dirty" or incomplete data which limit the ability to present quality and accurate information to its customers. This is the challenge that Schibsted Sok faced in development of Sesam.no and why the company turned to FAST technology for a solution. Sesam.no is one of the most complete local search portals in the world and has the highest degree of accuracy and relevance in its field. Schibsted Sok achieved this level of precision by developing Sesam.no with the FAST Adaptive Information Warehouse(TM) (FAST AIW AIW All-In-Wonder (ATI video cards) AIW APPN Implementers' Workshop AIW Allied Industrial Workers (labor union) AIW Accelerated Improvement Workshop AIW As It Were/Was AIW Iraqi Airways (TM)) solution and the FAST Data Cleansing(TM) solution powered by the FAST Enterprise Search Platform(TM) (FAST ESP (1) (Enhanced Service Provider) An organization that adds value to basic telephone service by offering such features as call-forwarding, call-detailing and protocol conversion. (TM)). Using FAST AIW, Schibsted Sok integrated structured, unstructured, and multi-media data to create a virtual intelligence library on Sesam.no. This innovative data cleansing used the fuzzy matching, ranking, and real-time responsiveness of FAST's Enterprise Search Platform. The result is a seamless user experience on Sesam.no that presents users with precise information via familiar search and navigation interface. FAST AIW brings together quantitative and qualitative analytics through mining of numeric and text data resulting in a 360 degree view of information. The synergy created by bringing context into consideration with the user's query provides a deeper understanding of the user's intention and truly accurate and relevant answers. "We are very proud to be recognized for our achievements with Sesam.no," said Mikal Rohde, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Schibsted Sok. "Based on this success, we are currently working on enhancing the Sesam.no service and launching additional features based on FAST technology." "The Schibsted Sok Sesam.no solution achieved the strongest total score based on seven objective criteria including ease of implementation, architecture, and how much the solution has influenced business and operational processes," said award judge and senior advisor from Avenir, Tom-Erik Falla. "Schibsted Sok was able to combine data from structured and unstructured sources in an innovative way to create an extremely valuable service with Sesam.no." "Sesam.no is an excellent local search portal based on FAST technology," said FAST CTO (Chief Technical Officer) The executive responsible for the technical direction of an organization. See CIO and salary survey. , Bjorn Olstad. "I would like to congratulate Schibsted Sok on this achievement and we look forward to partnering to discover new use areas of FAST technology to drive the future development of Sesam.no." About FAST FAST is the leading developer of enterprise search technologies and solutions that are behind the scenes at the world's best known companies with the most demanding search problems. FAST's flexible and scalable enterprise search platform (FAST ESP) elevates the search capabilities of enterprise customers and connects people to the relevant information they seek regardless of medium. This drives revenues and reduces total cost of ownership by effectively leveraging IT infrastructure. FAST's solutions are used by more than 2,600 global customers and partners, including America Online (AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. ), Cardinal Health, CareerBuilder.com, Chordiant, CIGNA CIGNA CG (Connecticut General Life Insurance Company) INA (Insurance Company of North America) , CNET (body) CNET - Centre national d'Etudes des Telecommunications. The French national telecommunications research centre at Lannion. , Computer Associates, Dell, EMC (1) (EMC Corporation, Hopkinton, MA, www.emc.com) The leading supplier of storage products for midrange computers and mainframes. Founded in 1979 by Richard J. Egan and Roger Marino, EMC has developed advanced storage and retrieval technologies for the world's largest companies. Documentum, Factiva, Fidelity Investments, Findexa, IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , Knight Ridder, LexisNexis, Merrill Lynch, Rakuten, Reed Elsevier, Reuters, Sensis, Stellent, Tenet Healthcare, Thomas Industrial Networks, T-Online, US Army, Virgilio (Telecom Italia), Vodafone, and Wanadoo. FAST is headquartered in Norway and is publicly traded under the ticker symbol Ticker Symbol An arrangement of characters (usually letters) representing a particular security listed on an exchange or otherwise traded publicly. When a company issues securities to the public marketplace, it selects an available ticker symbol for its securities which investors 'FAST' on the Oslo Stock Exchange Oslo Stock Exchange An exchange founded in 1819 and trading stocks, bonds, and stock options that is considered the options market of Norway. . The FAST Group operates globally with presence in Europe, the United States, Asia Pacific, Australia, South America, and the Middle East and Africa. For further information about FAST, please visit www.fastsearch.com. (C) 2006 Fast Search & Transfer ASA Asa (ā`sə), in the Bible, king of Judah, son and successor of Abijah. He was a good king, zealous in his extirpation of idols. When Baasha of Israel took Ramah (a few miles N of Jerusalem), Asa bought the help of Benhadad of Damascus and - Fast Search & Transfer, FAST, FAST ESP, Contextual Insight and the FAST logo are trademarks of Fast Search & Transfer ASA. All rights reserved. |
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