hakia Enterprise Semantic Search (HESS) to Drive the Social e-Commerce Provider, Flow.
New provider of social commerce mobile platform licences hakia Enterprise Semantic Search (HESS)
NEW YORK, Jan. 11, 2013 /PRNewswire-iReach/ -- hakia, a leading semantic search technology provider worldwide, announced today that it has licensed hakia Enterprise Semantic Search (HESS) to a Canadian corporation, Flow Inc. (Flow). HESS is a modular, extensible, and adaptable toolset for enterprise, government, education and research applications that enables developers to use the meaning of language for various search applications in addition to simple text string matching.
Flow has already integrated HESS in the alpha version of its mobile commerce platform to improve search accuracy in its social commerce ecosystem by understanding user intent and the contextual meaning of terms as they appear in Flow's searchable dataspace.
William Cockburn, Executive Director of Flow said "We believe that semantic search will facilitate the next evolution in data delivery, namely, a powerful engine to deliver relevance, context, interpretive cultural lexicon and imagery targeted by a user's request." Cockburn further stated that "we believe this is a fundamental practical requirement for people to find answers in a global marketplace… the who, what, where, why and when from their search."
Dr. Riza C. Berkan, CEO of hakia, said "We are excited that Flow has chosen to integrate HESS into its social commerce platform. We expect many other technology innovators to move in this direction." Dr. Berkan added that,"HESS provides the technological and ontological resources that enable a new dimension to search and content analysis applications in the current marketplace."
hakia is a pioneer in the semantic search space and is currently serving enterprise solutions with their contextual search process. Founded in 2004, hakia is privately held and based in New York City. For more information about hakia, please visit http://hakia.com.
Flow is a peer to peer e-commerce marketplace and smart transaction application for mobile devices. Flow's ecosystem enables users to pay, transfer, lend and gift in a macro-economic community with micro fees. Its technology impacts check-out convenience, reduces cost of sale and is designed for the coexistence of both socialization and privacy. Flow's ecosystem enables brands to engage and interact directly with their customers, rewarding them immediately for their loyalty. For more information about flow, please visit http://flow123.com.
SOURCE hakia Inc.
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