Technology News: Portals & Search: PARC Licenses Search System, Aims to Upstage Google: "PARC's natural language technology -- which enables computers to understand plain-language expressions instead of having to work with keywords or preprogrammed commands -- is considered among the best in the world by search mavens.
The question remains, however, how well and how quickly that technology can be converted into a consumer-facing search engine.
Powerset said its cofounders -- Barney Pell, Steve Newcomb and Lorenzo Thione -- have been working with PARC since 2005 to explore and develop a market opportunity that could employ translating natural language in Internet search.
'Our collaboration with PARC results in remarkable new search capabilities that will turn the current statistical search model on its head,' said Pell.
As part of the deal, PARC researcher Ron Kaplan will join Powerset as chief technology officer. Pell called Kaplan 'an esteemed voice within the computational linguistics community.'
Though they did not release specific go-to-market plans, the two parties hinted the technology was close to ready.
'The time is right to tell the world about the game-changing technology we've created,' Kaplan said."