Cambridge, United Kingdom
September 24, 2008
Linguamatics Ltd, a
leader in enterprise text mining for the life science and other
markets, today announced that
Bayer CropScience
has renewed its commitment to use the I2E semantic
knowledge-discovery platform to identify trends and activities
in the crop protection business. Bayer CropScience has been
using I2E since mid-2007, primarily for the analysis of patents
and scientific literature. I2E's natural language querying and
ability to exploit agro-related thesauri facilitate efficient
and focused analysis of large document sets and full-text
sources. Financial details of the agreement were not disclosed.
"We are delighted that Bayer CropScience has chosen to extend
their commitment to using I2E to find the insights and
intelligence they need from their text resources," commented
Roger Hale, COO and Co-founder of Linguamatics. "I2E offers
powerful and flexible text mining that is easily optimized to
provide up-to-date, relevant and high quality answers for a
particular domain like agrochemicals."
Linguamatics helps organizations to maximize the value
derived from information resources through effective deployment
of innovative natural language processing (NLP) based
technology. The versatile interactive information extraction
system, I2E, helps organizations to do much more than simply
cope with vast quantities of information. Its unique combination
of search and text mining helps organizations to turn this
information into a competitive advantage. From life sciences and
healthcare to business intelligence, from media analysis to
security, users mine large collections of documents, extracting
relevant facts, relationships and quantitative data from content
such as scientific papers, news feeds, patents, or internal
reports. Linguamatics has a rapidly growing user community with
I2E deployed at most top-10 pharma companies. The company was
founded in 2001, and has headquarters in Cambridge, UK.
Bayer is a global enterprise with core competencies in the
fields of health care, nutrition and high-tech materials. Bayer
CropScience AG, a subsidiary of Bayer AG with annual sales of
about EUR 5.8 billion (2007), is one of the world's leading
innovative crop science companies in the areas of crop
protection, non-agricultural pest control, seeds and plant
biotechnology. The company offers an outstanding range of
products and extensive service backup for modern, sustainable
agriculture and for non-agricultural applications. Bayer
CropScience has a global workforce of about 17,800 and is
represented in more than 120 countries.
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