Expert System Acquires TEMIS

Jun 02, 2015

Expert System, a provider of semantic technology for the effective management of unstructured information, announced that it has signed a binding agreement to acquire TEMIS, a provider of text analytics solutions with offices in France, Germany, the U.K., the U.S., and Canada.

Expert Systems says it is estimated that more than 85% of all relevant business information is contained in presentations, reports, documents, emails, and also posts and comments on web pages. Organizations increasingly need more intelligent solutions that allow them to fully exploit the potential of Big Data that contains both structured and unstructured information, to obtain real-time insights needed for better decision making in areas such as operational risks, security, reputation management, and customer service.

The acquisition of TEMIS supports Expert System's strategy for growth and internationalization, and also consolidates the companies' interest in the cognitive computing market, which makes technology more intelligent and better able to help companies and public organizations develop the capacity to analyze, correlate, and exploit the wealth of knowledge available to them, especially that in the form of unstructured information.