Factiva
Encyclopedia
Factiva is a business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...

 information and research
Research
Research can be defined as the scientific search for knowledge, or as any systematic investigation, to establish novel facts, solve new or existing problems, prove new ideas, or develop new theories, usually using a scientific method...

 tool owned by Dow Jones & Company
Dow Jones & Company
Dow Jones & Company is an American publishing and financial information firm.The company was founded in 1882 by three reporters: Charles Dow, Edward Jones, and Charles Bergstresser. Like The New York Times and the Washington Post, the company was in recent years publicly traded but privately...

. Factiva aggregates content from both license
License
The verb license or grant licence means to give permission. The noun license or licence refers to that permission as well as to the document recording that permission.A license may be granted by a party to another party as an element of an agreement...

d and free sources
Free content
Free content, or free information, is any kind of functional work, artwork, or other creative content that meets the definition of a free cultural work...

, and provides organizations with search, alerting, dissemination, and other information management
Information management
Information management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences. This sometimes involves those who have a stake in, or a right to that information...

 capabilities. Factiva products provide access to more than 28,500 sources (such as newspapers, journals
Academic journal
An academic journal is a peer-reviewed periodical in which scholarship relating to a particular academic discipline is published. Academic journals serve as forums for the introduction and presentation for scrutiny of new research, and the critique of existing research...

, magazines, television and radio transcript
Transcript
Transcript may refer to:* Transcript , a copy of a student's permanent academic record* Transcription , the process of creating an equivalent RNA copy of a sequence of DNA* Transcript , a record of all court proceedings...

s, photos
Photograph
A photograph is an image created by light falling on a light-sensitive surface, usually photographic film or an electronic imager such as a CCD or a CMOS chip. Most photographs are created using a camera, which uses a lens to focus the scene's visible wavelengths of light into a reproduction of...

, etc.) from 200 countries in 25 languages, including more than 600 continuously updated newswires.

History

The company has been founded as a joint-venture between Reuters
Reuters
Reuters is a news agency headquartered in New York City. Until 2008 the Reuters news agency formed part of a British independent company, Reuters Group plc, which was also a provider of financial market data...

 and Dow Jones in May 1999 under the Dow Jones Reuters Business Interactive name, then renamed Factiva six months later.

It developed modules with Microsoft
Microsoft
Microsoft Corporation is an American public multinational corporation headquartered in Redmond, Washington, USA that develops, manufactures, licenses, and supports a wide range of products and services predominantly related to computing through its various product divisions...

, Oracle Corp.
Oracle Corporation
Oracle Corporation is an American multinational computer technology corporation that specializes in developing and marketing hardware systems and enterprise software products – particularly database management systems...

, IBM
IBM
International Business Machines Corporation or IBM is an American multinational technology and consulting corporation headquartered in Armonk, New York, United States. IBM manufactures and sells computer hardware and software, and it offers infrastructure, hosting and consulting services in areas...

 and Yahoo!
Yahoo!
Yahoo! Inc. is an American multinational internet corporation headquartered in Sunnyvale, California, United States. The company is perhaps best known for its web portal, search engine , Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Groups, Yahoo! Answers, advertising, online mapping ,...

 http://search.yahoo.com/subscriptions. Factiva has also partnered with EuroSpider, Comintell, Peoplesoft, MediaMap, Biz360, ChoicePoint, BTRadianz, AtHoc, and Reuters. Factiva has also been included as of March 2003 in Microsoft's Office 2003
Microsoft Office
Microsoft Office is a non-free commercial office suite of inter-related desktop applications, servers and services for the Microsoft Windows and Mac OS X operating systems, introduced by Microsoft in August 1, 1989. Initially a marketing term for a bundled set of applications, the first version of...

 program as one of the News research options within the Research Pane.

In 2005, Factiva acquired two private companies: London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...

-based 2B Reputation Intelligence Ltd. and Denver, Colorado
Denver, Colorado
The City and County of Denver is the capital and the most populous city of the U.S. state of Colorado. Denver is a consolidated city-county, located in the South Platte River Valley on the western edge of the High Plains just east of the Front Range of the Rocky Mountains...

-based taxonomy
Taxonomy
Taxonomy is the science of identifying and naming species, and arranging them into a classification. The field of taxonomy, sometimes referred to as "biological taxonomy", revolves around the description and use of taxonomic units, known as taxa...

 services and software firm, Synapse, the Knowledge Link Corporation. 2B was a technology and consulting business, specializing in media monitoring and reputation management. Synapse provided taxonomy management software, pre-built taxonomies and taxonomy-building and indexing services.

This acquisition brought with it Synaptica, the taxonomy management software tool developed by Synapse, and Taxonomy Warehouse, a website developed by Synapse and billed by Factiva's marketing department as the "world's best" resource for the licensing and use of numerous taxonomies. Both Synaptica and Taxonomy Warehouse were developed by Factiva after the acquisition and are now owned by Dow Jones.

In 2006, Reuters sold its 50 percent share of Factiva to Dow Jones. Factiva was integrated into the Enterprise Media Group within Dow Jones.

In 2007, Factiva was included as a Dow Jones company sold to Rupert Murdoch
Rupert Murdoch
Keith Rupert Murdoch, AC, KSG is an Australian-American business magnate. He is the founder and Chairman and CEO of , the world's second-largest media conglomerate....

's News Corp.

Factiva's search-based products provide searching by free-text as well as region, subject, industry and company metadata. Searches can be further filtered by publication, language and date range.

Factiva offers a number of enterprise integration options, including a fully comprehensive web services API, the Factiva Developers Kit. This toolkit allows organisations to embed Factiva content and services within enterprise workflow applications.

In 2008 Dow Jones launched the website Synaptica Central to highlight the Synaptica tool and to discuss controlled vocabularies and semantic technologies etc.

Factiva utilizes the LanguageWeaver
Language Weaver
SDL Language Weaver is a Los Angeles, California–based company that was founded in 2002 by the University of Southern California's Kevin Knight and Daniel Marcu, to commercialize a statistical approach to automatic language translation and natural language processing - now known globally as...

 engine for article translations.

Competition

Factiva competitors include D&B, InsideView, LexisNexis
LexisNexis
LexisNexis Group is a company providing computer-assisted legal research services. In 2006 it had the world's largest electronic database for legal and public-records related information...

, implu, LexisNexis Corporate Afilliations, Salesgenie.com, Zoominfo
ZoomInfo
ZoomInfo is a vertical search engine focused on people, companies, and the relationships among them.-Overview:Zoom Information Inc. was founded by Jonathan Stern in 2000 as Eliyon Technologies. The company’s investors include Venrock Associates and Vulcan Capital.The site powers people searches for...

 and ISI Emerging Markets
ISI Emerging Markets
Internet Securities, Inc., which trades as ISI Emerging Markets, is an information company that provides electronic subscription based data and information on emerging market economies....

.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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