| Type | Public (NYSE: IHS) |
|---|---|
| Industry | Publishing |
| Founded | 1959[1] |
| Headquarters | Douglas County, Colorado, United States[2] |
| Key people | Jerre L. Stead, Chief Executive Officer and Chairman[3] |
| Subsidiaries | Cambridge Energy Research Associates, Global Insight, Jane's Information Group Dolphin Software, Inc. Environmental Software Providers Prime Publications Limited John S. Herold, Inc., Emerging Energy Research |
| Website | www.ihs.com |
IHS Inc. (IHS) is a publicly traded business information services company based in Douglas County, Colorado, United States.[4]
IHS serves international clients in five major areas: energy, product lifecycle, environment, security and TMT (Technology, Media & Telecoms). IHS provides industry data, technical documents, custom software applications, and consulting services. IHS brands include Jane's Information Group, Cambridge Energy Research Associates (CERA), and John S. Herold, Inc.. In 2010 IHS purchased iSuppli and Screen Digest which are the foundations for the new TMT services.
Contents |
In 1959, the Rogers Publishing Company, a publisher of technical news magazines, began indexing product catalogs on microfilm. Microfilming allowed catalogs to be updated without the expense of traditional publishing. In 1961, when Rogers was bought by Cahners Publishing, the catalogs division became Information Handling Services (IHS). IHS initially served the aerospace industry.[5] Early clients included Martin Marietta and Convair. The United States Army Missile Command (MICOM) (now a part of the United States Army Aviation and Missile Command (AMCOM)) contracted with IHS to develop a common parts file to be used by contractors designing new products. In the 1980s, with the advent of the personal computer, IHS added electronic databases and full text CD-ROMs to its delivery methods. In the 1990s, IHS embraced the Internet by distributing its information products through online databases. IHS also expanded beyond the aerospace and defense industries to focus on the energy industry, while continuing to serve the automotive, construction, and electronics sectors. In 2005, IHS became a publicly traded company (NYSE: IHS) and changed its name from Information Handling Services to IHS Inc. IHS is classified as belonging to the publications industry.[6]
IHS provides products and services in the following industries:
IHS offers four broad categories of products and services:
IHS analyzes and distributes energy, product lifecycle, security, and environment industry information to customers in more than 180 countries.
IHS distributes technical documents such as:
IHS develops custom software applications that integrate the IHS information databases with their clients’ in-house management software applications, such as:
IHS, acting directly and through its CERA, Jane's Information Group, and Herold divisions, provides strategic consulting services and industry expertise to customers in the energy, product lifecycle, security, and environment industries.
IHS has embarked on an aggressive acquisition program in the last several years, acquiring (among others) the following companies:
In 2006, the information industry research firm Outsell, Inc., listed IHS among the top 10 Scientific, Technical & Medical (STM) Information companies. Outsell’s report analyzed the company size, growth rate, financial performance, and market share of the sector’s top 20 companies. Other companies among the top 10 included Elsevier, Thomson Scientific, and John Wiley & Sons, Inc. In 2008, Portfolio Manager David Fording of William Blair said in an interview with Barron’s, “IHS is a good example of a sustainable business model. … Their critical asset is vast and extensive data bases that contain product and technical information on the majority of oil and gas wells around the globe. They have the most extensive data base among all of their competition so IHS is a one-stop shop for their customers.”[16]
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