MRO Magazine

IHS Launches IHS Engineering Workbench, Helping Technical Professionals Drive Profitable Growth and Lower Risk


December 15, 2015
By Business Wire News

ENGLEWOOD, Colo.

IHS Inc. (NYSE: IHS), the leading global source of critical information and insight, today announced the launch of IHS Engineering Workbench™, a knowledge discovery platform for the technical enterprise that integrates essential information, powerful content analytics and advanced problem-solving tools through a single, intuitive interface. This transformational platform allows engineers and technical professionals to accelerate research and problem-solving, enabling their companies to grow revenues, increase profitability and mitigate risks.

“Today’s engineers, scientists and other technical professionals are under intense pressure to drive growth through innovation, while managing costs and reducing risk,” said Chad Hawkinson, senior vice president – IHS Product Design. “IHS Engineering Workbench will enable companies to leverage their significant investments in third-party reference data and enterprise search and content management systems, so their knowledge workers can access the tools and relevant information they need in one platform. Deployment of this strategy results in productivity gains, optimized costs and lower risk.”

In its initial release, IHS Engineering Workbench 1.0 provides a single point of access to critical technical knowledge, including standards, eBooks, patents, journal articles and other reference content. Applying next-generation search technology and content analytics to this federated information, Engineering Workbench allows knowledge workers to quickly find precise answers among the disparate data.

Subsequent releases of Engineering Workbench will overlay this information with analytical and problem-solving capabilities specifically designed with the technical professional’s needs in mind. The final phase of the Engineering Workbench strategy will extend the platform’s search and analytical capabilities to internal knowledge such as project files, field reports, design specs and other corporate information distributed across the enterprise.

By knowledge-enabling the technical enterprise, IHS Engineering Workbench empowers organizations to outperform their peers. Early adopters of Engineering Workbench capabilities have reported they are able to deliver 30 percent increases in engineering productivity. Industry research shows that knowledge-based organizations drive two times greater shareholder returns and four times greater return on revenues than lagging peers.

“Successful companies today must address the complexity and significant volume of technical information by leveraging advanced solutions and enterprise platforms that deliver solutions. IHS is making great strides toward meeting these challenges with Engineering Workbench,” said Mike Harris, facilities engineering manager and senior advisor with Anadarko Petroleum Corp., an IHS customer and early adopter of Engineering Workbench 1.0.

Said John Buchowski, vice president, commercial product management – IHS, “Shareholders and senior management are looking to their technical professionals to deliver new innovations to market faster and prevent problems from becoming liabilities. IHS Engineering Workbench enables these professionals to meet their organizational objectives, and provides a cost-effective solution for consolidating information sources and increasing use of internal and external knowledge.”

To learn more about IHS Engineering Workbench, go to https://www.ihs.com/ewb or call IHS Customer Care at +1 800 854 7179.

About IHS(www.ihs.com)

IHS (NYSE: IHS) is the leading source of insight, analytics and expertise in critical areas that shape today’s business landscape. Businesses and governments in more than 150 countries around the globe rely on the comprehensive content, expert independent analysis and flexible delivery methods of IHS to make high-impact decisions and develop strategies with speed and confidence. IHS has been in business since 1959 and became a publicly traded company on the New York Stock Exchange in 2005. Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs approximately 8,600 people in 32 countries around the world.

IHS is a registered trademark of IHS Inc. All other company and product names may be trademarks of their respective owners. © 2015 IHS Inc. All rights reserved.

IHS Inc.
News Media Contact:
Dan Wilinsky, +1 303-397-2468
dan.wilinsky@ihs.com
or
Press Team, +1 303-305-8021
press@ihs.com