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Factiva’s New Multimedia Offering

Now that we had our successful launch this weekend, I now feel more comfortable discussing the new Factiva multimedia offering launched in partnership with EveryZing. One of my over-zealous colleagues, Daniela Barbosa, decided to provide insight into our new search offering some time ago. (I think she was just looking for a reason to use Sketch-up). As way of a little background, feel free to take a look at the Factiva press release. And today, we had some very good coverage from Outsell regarding the initiative.

For me, it was a really interesting product that came together working with a great team. Multimedia was a new space for us to enter and it took some real creative thinking in product, technology, content, legal and marketing to make it happen. It is definitely one of those projects that you remember (both the good and the bad) but that is what makes new product development so great.

Making things even more interesting from a personal level was how the partnership came together in its beginning phases. Just as the team and I were in the midst of our modeling and multimedia partner diligence, I received a LinkedIn update alert that one of my MIT Sloan colleagues, Jeff Baer, joined the business development team. (Who says social networking doesn’t work?) After a couple of preliminary conversations, we were off to the races. Have to give special thanks to Jeff as he worked through many of the elements of the partnership, we really collaborated as two organization (and the thanks goes to many on both sides) to ensure it was a partnership that was win-win but most importantly were putting a product out that added a tremendous amount of value for Factiva customers. Great stuff…

Here are a couple of screen shots that I took from the product today:

  • Thanks Glenn. Still working through the elements of improving the research elements around multimedia, as we discuss often, it is something that will continue to gain more and more importance. As we've had numerous dialogs, people do not want to be listening/watching large blocks of multimedia when doing research (i.e. trying to achieve an objective). Video & audio is great for the browser, hence the success of YouTube.

    This is just the first step, I look forward to the input from our customers on how we move to the next step of bring multimedia further into the research fold.
  • Lou
    I checked out the transcriptions from everyzing (Dahling). They're certainly not perfect -- as we know the state of the art in voice-to-text is still not quite where we want it yet -- but they're pretty darned good. Actually they're much better than I expected.
    Kudos on the launch.
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