SOURCE: Panjiva

Panjiva

October 02, 2012 08:00 ET

Panjiva Unveils Global Search, a Revolutionary Way for Those Engaged in Global Trade to Easily Access Information From Across the B2B Web

Search Engine's Algorithm Intelligently Presents Information on More Than 35 Million Unique Products and 6 Million Companies Worldwide

NEW YORK, NY--(Marketwire - Oct 2, 2012) - Panjiva, the B2B platform powering the business of global trade, today announced the availability of Global Search, a new search engine that is a one-stop resource for those engaged in global trade. Global Search crawls, indexes and organizes information from around the B2B web and presents it in an intelligent, user-friendly manner that enables buyers to find the companies and products they need faster and easier than ever before.

For buyers looking to source new products or identify potential sellers of those products, searching the web for information can be extremely challenging, time-consuming and costly. Company information on the web is extremely fragmented, scattered across hundreds of B2B websites and hundreds of thousands of individual company sites. Panjiva has alleviated this issue by collecting and analyzing all of the trade-relevant fragments of product and company information available on more than 7 million web pages, across 400,000 web domains -- and presenting this information in a consumable, actionable format.

"Why should executives charged with making multi-million dollar decisions have to spend days scouring the web and piecing together information?" asked James Psota, Panjiva's co-founder and CTO. "Just as Kayak has organized fragmented information about flights, we've organized fragmented information about the millions of companies engaged in global trade."

Building on the company's proven track record of gathering and organizing U.S. Customs and Census data, along with more than a dozen other objective data sources, Global Search augments Panjiva's platform with web data to provide unparalleled insight into 6 million companies worldwide and 35 million unique products that are bought and sold internationally.

With Global Search, users can quickly and easily refine the world of global trade down to a qualified, targeted list of 10 companies. Users also benefit from a full suite of new features including:

  • Product photos - With 35 million product images associated with company profiles, users receive a better, clearer picture of what companies buy and sell.
  • Robust search algorithm - Panjiva's sophisticated search algorithm now takes into account a number of factors when generating search results, including the company's activity levels, the presence of matching product images, and their responsiveness to inquiries.
  • Contact information - Global Search includes more than 8 million new contact details so companies can more easily communicate with one another on product details, pricing, etc.

"Global Search is a game changer, not just for Panjiva but for the entire universe of people involved in global trade," said Josh Green, CEO, Panjiva. "By combining our proven global trade data expertise with the powerful technology built by our world-class engineering team, we've created the B2B platform that most efficiently and easily helps qualified buyers and sellers connect."

Global Search is available now and included in all Panjiva subscription plans. For more information, or to set up a demo, visit http://panjiva.com/global-search.

About Panjiva
Panjiva powers the business of global trade. The company's B2B platform combines content and communication to fuel 21st century trade by enabling serious buyers and sellers to connect with one another quickly and easily. By combining diverse data sets that enable decision making with robust technology that makes the process of analyzing the data more efficient, Panjiva provides an unmatched level of insight on the companies, products and trends shaping global trade. More than 3,000 buyer customers across a wide variety of industries access Panjiva to gain insight into, and make contact with, more than 6 million companies that make 35 million unique products. Panjiva was founded by CEO Josh Green and CTO James Psota. Panjiva has received equity investments from Battery Ventures and Harrison Metal. For additional information, visit: http://panjiva.com.

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