Telstra subsidiary KAZ, has acquired the intellectual property and customer contracts of business intelligence firm Intology Ltd.
Founded in 1996, Intology is a Canberra-based company that provides information management services and solutions to large enterprises including the Department of Defence.
KAZ's ACT regional general manager Michael Blake said the Intology platform is a best-of-breed toolset that strengthens KAZ offerings to its client base.
"We have identified significant opportunity for integrating Intology applications into solutions - and we see this acquisition as a means of increasing our business and value to private and public sector clients," he said.
Among Intology's suite are applications that categorize and establish the meaning of structured and unstructured data.
This includes the creation of metadata, taxonomies, glossaries, a thesaurus and other text functions, as well as scanning texts and producing summaries of documents' meanings.
Basically, Intology's suite provides a range of self-learning applications for categorizing and establishing meaning in structured and unstructured data.
Intology's toolset also includes classification and clustering methods for identifying and purging duplicates and out-of-date material without disrupting day-to-day operations, as well as organizing content and locating groups of similar documents and is tailored to each customer's operating environment.
Intology founder and managing director Ralph Meyen said the company had been considering potential partnerships for years.
"However, from working with KAZ on a number of projects we realize KAZ's team has the capacity to leverage the potential of the Intology platform," he said.