The German company n³ wins prize InterSystems Breakthrough Application.
The German company n³ wins prize InterSystems Breakthrough Application. – with InterSystems Cache and iKnow, n³ discovers a high value in Big Data -Real estate portal German ImmobilienScout24 leverages the innovative system of valuation of the property of n³ Madrid, December, 2012- InterSystems Corporation, global provider of advanced software technologies, today announced that its partner of n³ GmbH, specialized enterprise applications in active analytics, software development and consulting, headquartered in Oelsnitz, Germanyreceived the prize InterSystems Breakthrough Application. The award recognizes n3 for the creation of an innovative application to discover the maximum value of Big Data. Using the innovative application of n3, the leading real estate portal in the German sector, ImmobilienScout24, significantly increased usable data in your online property appraisal system, which allows more precise comparative valuations. Taking full advantage of the database objects InterSystems Cache ® and its embedded technology of analysis in text iKnow, n3 addresses one of the great challenges of Big Data: use all data, including non-structured, which are trapped in the information systems. Challenge In addition to selling real estate, ImmobilienScout24 offers an online service of valuation based on the information provided by owners and real estate. The information that is critical for the algorithm of evaluation, such as the age of the building, type of heating, etc., is often unstructured and free text fields. Since the valuation algorithm requires structured data, the...
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