Tauranga-based Pingar has launched its new search algorithm “Impression” to coincide with the 2010 NZ Microsoft SharePoint conference in Wellington.
Impression was developed jointly with the Auckland University of Technology using a $1.7 million grant from the Foundation of Research, Science and Technology.
The algorithm radically speeds up the delivery of key document-based information for organisations looking to minimize the cost of desk-based research. It has been optimized to work with FAST Search for SharePoint and for SharePoint 2010.
Pingar founder and ceo Peter Wren-Hilton says Pingar is launching a series of vertical sector search solutions at the same time as introducing additional value-added services for SharePoint users. They will target areas such as pharmaceutical, legal and finance.
“According to IDC, 50% of searches don’t find the answer the person is looking for,” he says. “Pingar can help you find data faster and spend your time analysing it as opposed to searching for it. This is of real value to large enterprises with vast amounts of information.”
Pingar goes inside data documents, finds the content the user is seeking, and places it into a dynamically generated PDF or XPS document rather than presenting a list of links.
On July 22, the company will showcase its search platform at the Shanghai World Expo to highlight its ability to apply its semantic search algorithms to traditional and simplified Chinese text.
Wren-Hilton also unveiled plans for Pingar to open an office in Silicon Valley in the second half of 2010.