Northern Lights: Classification Enables Classification
April 10, 2020
Old technology is being reborn as Northern Lights takes ABI Inform subsets from the 1980s and repackages them as a machine learning powered knowledge management platform. Yahoo Finance digs into the wheel of Internet past in the story, “Northern Light To Create Custom Search And Content Aggregation Solutions For Large Enterprises.” Northern Light is a company that specializes in content aggregation, enterprise search, and machine learning to provide knowledge management solutions. For twenty years, Northern Light built custom knowledge management platforms for market research sights, global enterprises, and competitive intelligence.
Northern Light’s newest project is a blast from the ABI Inform subsets past:
“One of Northern Light’s first custom solutions was announced by Global Venture, a natural resource consulting company. The solution, called Prospector, enables automated search and analysis of 43-101 reports, a national instrument for the Standards of Disclosure for Mineral Projects within Canada, which are required of Canadian mineral exploration and mining companies listed on the TSX Venture Exchange (TSX-V) or the Toronto Stock Exchange (TSX). Disclosures covered by the 43-101 code include mineral exploration progress, reporting of resources and reserves, and more. 43-101 reports average 500 pages long and can reach 1000 pages. Traditional search which returns a list of documents is not helpful when the documents are so big.”
Global Venture worked with Northern Light to develop Prospector and it solved a huge search and content aggregation issue. Prospector was designed to digest 43-101 forms that are filled with loads of text and data tables that are in different formats. Investors dig through these forms for specific information that can lead to a useful insight. The machine learning aspect of Prospector saves investors a lot of research time.
Northern Light is working on other projects that requires custom knowledge management solutions. It appears old ideas still have value if they are revamped for modern technology.
Whitney Grace, April 10, 2020
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