Extra! Extra! Factiva modules released

Real-time news services provider Factiva has launched the latest editions to the Factiva Integration tools suite which integrate Factiva's business news and information into any Web environment.

Released globally this month, Factiva Search Module allows the sharing of the same Web page, integrating it with many different portals and intranet applications like internal databases, CRM systems and email.

As an integrated tool, Search Module also offers access to Factiva (a 50-50 Dow Jones and Reuters joint venture formed in 1999) global news content, including a database of 6000 sources like the Wall Street Journal, Le Monde, The Times of London, The South China Morning Post, Reuters and AP newswires, all in 12 languages.

Another new release in the suite is Factiva Track Module, a current awareness tool displaying filtered industry news on an intranet or portal, which also sets up a news track for ongoing monitoring of sources.

Clare Hart, Factiva chief executive and visiting speaker in Sydney this month, is seeing strong take-up of Factiva's solutions among financial services companies, high tech software and hardware vendors, utilities companies, telcos, government agencies and large professional services firms - businesses heavily focused on internal knowledge management via corporate intranets, and those building massive taxonomies, she says.

According to Hart, in order for any organisation to run the e-business race, it needs to integrate all internal information, making it effective enough to provide enterprise intelligence. This means, she explains, that they need to combine everything from sales propositions and market research reports to corporate email - the basic tools of business intelligence.

In addition, she says internal data living on intranets or portals then needs to be analysed with all Web information that will create competitive advantage for a company, such as the most meaningful sites for a business. Gartner Group research says that companies that lack an integrated knowledge management strategy risk losing 10 per cent of annual productivity.

According to Hart, Factiva is distinct from other real-time news service providers in two ways: content and technology. First, it draws content from 7000 different news sources in 22 languages. Secondly, its solutions allow users to view integrated information without leaving the application in which they are working; and its products, built on an XML framework, allows users to employ XML applications.

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