LexisNexis Legal launches Nexis Data as a Service (DaaS)

News analytics appears to be on the rise and LexisNexis, the dominate player in legal news, intends to play its part in this new development. From yesterday’s press release:

Nexis® DaaS offers data-driven organizations distinct and differentiated advantages to harness big data’s potential:

  • Comprehensive source universe—Access to petabytes of data including global print, broadcast, web news and social commentary, company and industry data, regulatory and legal data.
  • Optimal data integrations—Delivery via flexible APIs providing normalized, XML-based, semi-structured data.
  • Robust enrichments—Enriched with multiple feature extractors and metadata related to more than 7000 subjects and industries.
  • Experienced big data partner—45 years of experience with content aggregation and multiple patents on machine learning, clustering and other big data applications decades before mainstream use.

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