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Northern Light Launches MI Analyst, Pioneering Meaning Extraction from Market Intelligence   

Northern Light
Group, LLC
 
Ten Canal Park
Cambridge, MA 02141
Phone: 617-674-2074
Fax: 617-674-2076
 
Contact Us

FOR IMMEDIATE RELEASE:

Northern Light Contact:
Sheri Larsen
Northern Light Group, LLC
Voice: 617-674-2074, Ext 6
Fax: 617-674-2076

www.northernlight.com

Cambridge, Massachusetts - May 7, 2007 - Northern Light today introduced MI Analyst™, the first automated "meaning extraction" application designed specifically for market intelligence and market research. By combining best-in-class free-text searching with advanced text analytics, MI Analyst speeds and improves a researcher's ability to analyze reports from internal and external sources, identifying the strategy issues and suggesting the business implications of the analyzed content.

"MI Analyst is more than a powerful search tool, it's like another member of our team," said Paul Robertson, Director of Global Market Research at Unisys Corp. "The system's ability to identify key themes in market research reports and draw connections between companies, technologies, and market trends saves our market intelligence team many hours of analysis time and helps us identify developing business strategy issues much earlier than we might have otherwise."

MI Analyst adds value by extracting meaning from search results, mining market research content for relevant competitive intelligence and market trends. For example, MI Analyst highlights threats and opportunities regarding products, market share, pricing, new technologies, marketing partnerships, and corporate strategy.

MI Analyst can read all the market intelligence reports and articles a company creates or licenses from third-party sources. The application then can tell the researcher what is in the documents, suggest what business issues they address, and direct the researcher to the documents that are most interesting based on their meaning rather than on their statistically-derived search relevance.

In addition, MI Analyst can discern the tone of content - for example, assessing which market research reports and research analysts reflect a positive sentiment and which ones demonstrate a negative sentiment about a company and its competitors. Such sentiment scoring can be particularly useful in an analyst relations setting where marketing personnel need to monitor and influence analyst coverage. Using entity extraction, MI Analyst also calls out business-critical facets of searched content, including companies, venture funded companies, technologies, markets, job titles, business issues, government agencies, identified phrases, and market research vendors.

"At Northern Light, we are defining the future for the automated analysis and discovery of business meaning from large stores of market intelligence content," C. David Seuss, Northern Light's CEO, said. "Search engines must evolve to have in-depth understanding of the searched material, what we call meaning extraction."

MI Analyst is available immediately from Northern Light as an added-value option for SinglePoint™ enterprise market research portals. SinglePoint is the only turnkey enterprise search application that provides centralized search, analysis, and access for diverse sources of internal, external, and licensed market intelligence. Offered in a secure, hosted, user self-service portal environment, SinglePoint is customized to the precise market research and competitive intelligence purposes of each of Northern Light's enterprise clients. Unlimited enterprise-wide access to MI Analyst starts at $48,000 annually. There is also a one-time set-up fee starting at $36,000 for customization of the solution to a client's requirements.

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About Northern Light®
Northern Light has been providing strategic research portals, business research content, and search technology to global enterprises since 1996. During that time, Northern Light has built and deployed over 200 custom research portals and enterprise search applications for large enterprises. Northern Light's clients include one or more of the top five companies in each major technology sector of the Fortune 1000. Headquartered in Cambridge, Massachusetts, with a development center in St. Petersburg, Russia, Northern Light Group LLC is a profitable, privately-held, self-funded company with more than 50 employees.

For additional information contact:
Sheri Larsen
Northern Light Group, LLC
Voice: 617-674-2074, Ext 6
Fax: 617-674-2076

www.northernlight.com
or
David Domeshek
Domeshek Strategic Communications
Voice: +1-508-873-7068

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