Our CEO/CTO, John Challis, was recently asked the above question for an article. Here is his response.
At the height of the dot-com boom (15 years ago) it seemed likely that enterprise search was ready to move beyond simple keyword and Boolean searching being replaced by more sophisticated techniques developed by companies such as: Autonomy, Verity, Convera and FAST. These products offered a variety of new algorithms: automatic query expansion, compound term processing, semantic networks, linguistic analysis, concept searching, feature extraction, custom term weighting, etc. What actually happened was that each of these companies was acquired and their products either killed off by their new owners (Verity, Convera, FAST) or otherwise fatally injured (Autonomy). Today, enterprise search is dominated by Microsoft and Google with other leading vendors including: Oracle, Solr/Lucene and ISYS. None of the current offerings moves significantly beyond keyword and Boolean searching. In my opinion the enterprise search market today has little appetite for more sophisticated products the likes of which we have seen come and go in recent years.
WDYT? Agree, or disagree? Comments?