Xerox Launches New Linguistic Search Tool - FactSpotter

Researchers at Xerox Corporation (NYSE: XRX) unveiled FactSpotter. The new text mining software combines a linguistic engine with an interface that anyone can use to query the system in everyday language. FactSpotter looks not only for the keywords contained in a query but also the context of the document those words contain. The “smart” search engine can comb through almost any document regardless of the language, location, format or type; take advantage of the way humans think, speak and ask questions; and discriminate the results highlighting just a handful of relevant answers instead of returning thousands of unrelated responses. FactSpotter is part of Xerox’s ongoing intelligent document technology research. The technology is meant to help customers better manage data and document-intensive work processes in industries like banking, finance and legal. Xerox plans to launch FactSpotter next year as part of its Xerox Litigation Services offerings, which include electronic discovery (e-discovery) services that primarily support legal and regulatory compliance. http://www.xerox.com/innovation