IBM ACQUIRES LASIBM Corp., New York, will acquire Language Analysis Systems Inc. (LAS), a privately held company based in Herndon, Va., that develops multicultural name recognition technology. LAS technology is designed to allow organizations to increase business insight by enabling a precise, real-time view into the linguistic and cultural properties of names and facilitates a range of solutions. LAS technology verifies the origin, cultural variations and meaning of names by comparing and analyzing factors commonly associated with nearly one billion names from around the world, including nicknames, titles, format changes and typographical errors. IBM hopes to combine the LAS technology with its existing identity resolution software to verify the names and identities of fraudulent individuals.
REPORT SHOWS SAAS ADOPTION
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