HOUSTON--(BUSINESS WIRE)--IHS Inc. (NYSE: IHS), the leading global source of information and analysis, today announced the latest release of IHS Connect® – an online business intelligence platform that provides strategic decision makers in capital-intensive industries access to integrated IHS multidisciplinary information and insight – bringing chemical insight onto the platform in depth for the first time.
With this new release, IHS Connect includes upstream and downstream chemical industry and market news and analysis, as well as critical pricing data for more than 200 chemicals – through a single-user interface. The IHS Connect platform includes near-term market coverage with daily and weekly prices, along with longer-term forecasts of prices and supply/demand to support strategic decisions.
“Our chemical customers can begin accessing essential expert market insight and analysis, as well as the detailed pricing and econometric data they expect from IHS, from a single, scalable platform,” said Amy Minnick, senior vice president of platforms at IHS. “However, with IHS Connect, they also have access to the breadth and depth of our energy insights, which are critical to assessing feedstock implications in the chemical value chain. This wealth of inter-related industry insight in IHS Connect is further complemented by access to our economics and risk analysis, which provides customers critical insight essential to understanding the economic drivers for their business and managing risk when planning their strategic investments.”
Built to support customers’ existing workflows, the platform allows customers to optimize the value of their IHS subscriptions to quickly and easily find, visualize and assess the unparalleled insight and analysis they need so they can make better strategic business decisions.
“By integrating our chemical content onto IHS Connect, we’ve delivered a transformational platform that more closely mirrors how our chemical customers work,” said Dave Witte, senior vice president of IHS, and general manager of IHS Chemical. “Once the migration is complete, our customers will no longer have to switch between different products and websites to make an informed business decision, and the information is personalized to meet their functional and business interests. As a result, they can quickly search and find what they need—from daily chemical pricing data to in-depth analysis on a particular chemical, plant or competitor in graphical, tabular or spatial form, all integrated with other relevant industry data, such as energy, economics or country risk.”
IHS Connect will provide customizable access to chemical news and insight from IHS sources, to support specific chemical industry and strategic business analysis workflows. Depending on their individual interests, customers can set customized alerts for updates on particular topics, or do a deeper-dive analysis and dynamically chart specific insights for a single chemical or chemical family relative to cost and margin analysis, supply and demand, and production capacity, in a single view.
Using IHS Connect, customers will discover and navigate content by numerous criteria including by chemical, geography, company, industry or specific reports, or around specific themes such as pricing and economics, supply and demand, markets, cost analytics, plant capacity, ownership and integration, plant operations and current market analysis.
“We are excited to deliver a business and market intelligence platform that no one else in the industry can match,” Witte said. “IHS Connect will enable our chemical customers to have dynamic interaction with content, data and analytics in ways that were simply not possible before. This unique platform offers our customers an integrated perspective, providing customized access to proprietary content from across IHS and into other disciplines. These capabilities are truly powerful for business optimization and strategic planning purposes, and we are excited to bring this functionality to our chemical customers for the first time.”
About IHS (www.ihs.com)
IHS (NYSE: IHS) is the leading source of information, insight and analytics in critical areas that shape today’s business landscape. Businesses and governments in more than 165 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 more than 8,000 people in 31 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. © 2014 IHS Inc. All rights reserved.