|Page (1) of 1 - 06/12/12||email article||print page|
Hafslund Implements Recommind Search and Categorization SolutionsHelps Norwegian Power Company to Enable Recovery of Business-Critical Information and Improve Efficiency (June 12, 2012)
LONDON -- (Marketwire) -- 06/12/12 -- Recommind, a recognised leader in predictive information management and analysis software, today announced it will be providing its automated information access solution, Decisiv Search and Categorization, to Norwegian power company Hafslund. Hafslund will implement Decisiv Search and Categorization across its operations to provide a richer search experience to employees. The project is due for completion in Autumn 2012 when Recommind's technology will be fully integrated with Hafslund's existing ERP and CRM systems. All 1,000 Hafslund employees will then be using Recommind for document search and electronic records compliance.
Hafslund is the largest owner of power grids, and the largest seller of electricity to end-users in Norway. The company works with multiple suppliers and contractors in several locations. Its day to day business involves the management and use of a variety of complex project documents, such as contracts and drawings. Hafslund has already deployed Decisiv Search alongside its existing archive solution and plans to implement the categorization aspect of the solution later this year. This will enable project managers to search for documents related to a specific customer, supplier or project saving time, unifying the business and freeing up staff to redirect their efforts to core activities.
Stian Bjørhei at Hafslund commented, "We are using Microsoft Sharepoint to store information about a project and primarily used the integrated search engine to recover and reuse. Contracts, drawings and construction documentation related to the same project are stored in other archives or applications. This involved a lot of needless repetitive searches in different user interfaces. Given the complexity of the archives Hafslund holds, there was a real need for a search solution that can be integrated across different systems, including SharePoint, and that is able to index and enrich information for easy data retrieval. Recommind's Decisiv Search and Categorization solution was the clear choice because of its user friendly search function and outstanding ability to categorize information."
He continues: "By recognizing concepts in different documents, Recommind's automated categorization engine will enhance the relevance of each search and allow us to make information more sociable across the enterprise, something that we currently struggle with."
Bob Tennant, CEO of Recommind, added, "Companies in the energy industry are experiencing exponential growth of electronic data, so we are pleased that Hafslund has selected Recommind to help address their information management needs. Our Decisiv Search solution will provide the essential logic to easily index and quickly retrieve documents from Hafslund's various information systems, allowing staff to respond to market and legislative changes with speed and efficiency. The solution will integrate easily into the company's existing IT platforms and will enable the collaboration and shared workflow that was lacking from Hafslund's original platform."
Hafslund plans to roll out the Recommind solution across its entire business and has already begun deploying its search solution across the intranet system.
About Recommind Inc.
Recommind is the leader in predictive information management software, delivering search-powered business applications that transform the way enterprises, government entities and law firms conduct eDiscovery, enterprise search and information governance. Recommind's solutions are all built on the CORE (Context Optimized Relevancy Engine) platform, which automatically accesses, organizes and analyzes large volumes of information in context from myriad sources. With greater control over and more accurate access to information, organizations can lower risk, heighten productivity, increase the value of information assets and improve competitiveness and profitability. Recommind customers include AstraZeneca, BMW, Cisco, Clifford Chance, Marathon Oil, Morgan Lewis, US Department of Energy (DOE), White & Case and Wilmer Hale. Recommind is headquartered in San Francisco and has offices in Boston, London, Sydney and Bonn, Germany. For more information go to www.recommind.com
Since 1898, Hafslund has generated and distributed energy from several hydropower plants on the lower Glomma River waterway, between Øyeren and Fredrikstad, in southeastern Norway. In 2011 Hafslund produced 3,135 GWh (million kilowatt hours). Hafslund's acquisition of waterfall rights took place before 1909, when legislation imposed licensing. Hafslund Varme delivers more than 1,5 TWh of energy for heating to customers in the Oslo region, making it Norway's largest supplier of district heating. The Company also generates and operates district heating for Oslo Airport Gardermoen and the surrounding business and industrial area, and also operates district heating for the center of Kolbotn and Mastemyr Business Park.
Copyright @ Marketwire
Related Keywords: Recommind, Applications, Business Issues, Law & Regulations, Management, CEO/CFO, Germany, Marketwire, Business, Other,