IHS Inc.

IHS Inc.

Type	Public
Traded as	NYSE: IHS
Industry	Publishing
Founded	1959[1]
Headquarters	Douglas County, Colorado, United States[2]
Key people	Jerre Stead (Chairman & CEO)[3]
Revenue	US$ 1.841 billion (2013)
Operating income	US$ 198.204 million (2013)
Net income	US$ 131.733 million (2013)
Total assets	US$ 5.359 billion (2013)
Total equity	US$ 1.906 billion (2013)
Number of employees	8,800 [4]
Subsidiaries	Cambridge Energy Research Associates, Global Insight, Jane's Information Group Dolphin Software, Inc. Environmental Software Providers Prime Publications Limited John S. Herold, Inc.
Website	Ihs.com

IHS Inc. (IHS) is a company based in Douglas County, Colorado, United States.^[5]

IHS provides information and analysis to support the decision-making process of businesses and governments in industries, such as aerospace, defense and security; automotive; chemical; energy; maritime and trade; and technology. In the past decade IHS has acquired the following businesses: Jane's Information Group, Cambridge Energy Research Associates (CERA), Global Insight, and John S. Herold, Inc. In 2010, IHS purchased iSuppli and Screen Digest and, in 2012, Displaybank and IMS Research. In 2013, IHS acquired Polk and Carfax.^[6] On March 21, 2016, IHS announced an all-stock merger of equals with Markit to form IHS Markit.^[7]

History

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.^[8] 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.^[9] Since that time, IHS continues to grow both organically and through acquisitions adding additional products and services and expanding the list of industries it serves.

Supported industries and business processes

IHS provides products and services in the following industries:

• Aerospace, defense and security
• Automotive
• Chemical
• Economics & Country Risk
• Energy
• Finance
• Operational Excellence including, risk and supply chain
• Maritime and Trade
• Technology, Media & Telecom
• Healthcare & Pharmaceuticals ^[10]

Products and services

IHS offers four broad categories of products and services:

• Industry data and analyses
• Technical documents
• Custom software applications
• Consulting services and industry expertise

Industry information

IHS analyzes and distributes information on Aerospace, Defense and Security; Automotive; Chemical; Economics & Country Risk; Energy; Finance; and Operational Excellence, including risk and supply chain, Maritime & Trade, Technology, Healthcare & Pharmaceuticals, to customers in more than 150 countries.

Technical documents

IHS distributes technical documents, such as:

• Domestic and international standards developed by Standards Development Organizations (SDOs) such as the Telecommunications Industry Association,^[11] ASTM International (ASTM), ESDU (now owned by IHS), and the Institute of Electrical and Electronics Engineers (IEEE).
• Regulatory guideline information and documentation including Restriction of Hazardous Substances Directive (RoHS) and Waste Electrical and Electronic Equipment (WEEE).

Custom software applications

IHS develops custom software applications that integrate IHS information databases with their clients’ in-house management software applications, such as:

• Enterprise resource planning (ERP)
• Product lifecycle management (PLM)

Consulting services

IHS provides consulting services across a wide array of industries, including Aerospace, Defense and Security; Automotive; Chemical; Economics & Country Risk; Energy; Finance; Operational Excellence, including Risk and Supply Chain, Maritime & Trade, Technology, Healthcare & Pharmaceuticals, drawing on expertise from acquired companies such as: CERA, Jane’s, Herold, iSuppli, Global Insight, Polk, Carfax, JOC, and Fairplay.

Recent acquisitions

IHS has embarked on an aggressive acquisition program in the last several years, acquiring the following companies, among others:

• CAPS (Computer Assisted Product Selection) electronics component database of PartMiner.
• Global Insight, the world's largest economics organization, serving over 3,800 clients in industry, finance and government worldwide, with revenues of over $95 million (in 2006) and employing more than 600 economists and other staff in 23 offices in 13 countries.
• June 12, 2007 – Jane's Information Group, a global information provider to the aerospace and aero-defense industries and to government agencies. Jane's publishes the renowned Jane's Fighting Ships and Jane's Defence Weekly.
• December 20, 2007 – McCloskey Group, a Leading Coal Markets Research Firm. .^[12]
• Dolphin Software, Inc., which provides Material Safety Data Sheet (MSDS) management, chemical inventory management, environmental reporting, and chemical management services.
• Environmental Software Providers (ESP), which provides services including greenhouse gas management; air, water, and waste management; internal and regulatory compliance assurance; incident management; and management of emissions allowance and credit portfolios.
• 2008 – Prime Publications Limited, which owns Fairplay magazine and 50 percent of Lloyd's Register-Fairplay Limited, a leading source of global maritime information.^[13]
• 2009 – the remaining 50 percent of Lloyd's Register – Fairplay was acquired from Lloyd's Register The division was renamed IHS Fairplay.
• John S. Herold, Inc., a leading worldwide energy research and consulting firm.
• March 17, 2010 – Detroit-based automotive forecasting firm CSM Worldwide; the purchase price is approximately $27 million.^[14]
• May 5, 2010 – Quantitative Micro Software, developer of EViews, for approximately $40 million.^[15]
• September 7, 2010 – the Chemical and Energy Products from Access Intelligence.^[16]
• September 22, 2010 – two leading environmental health and safety information companies, Atrion International, and Syntex Management Systems, for a combined purchase price of approximately $80 million.^[17]
• November 2, 2010 – technology research specialist iSuppli and London-based media research company Screen Digest for $95m.^[18]
• April 18, 2011 – market intelligence company ODS-Petrodata ^[19]
• April 27, 2011 – operational risk management company Dyadem International, Ltd.^[20]
• May 4, 2011 – CMAI (chemicals industry information), CSM (South America) (automotive industry information) and EIATrack (environmental regulation information) ^[21]
• August 11, 2011 – Seismic Micro-Technology.^[21]
• November 11, 2011 – energy consultants Purvin & Gertz.^[21]
• March 22, 2012 – IMS Research ^[22]
• July 11, 2012 – Invention Machine, a leader in semantic search technology.^[23]
• July 12, 2012 – GlobalSpec, Inc. (Engineering Data/Specs)^[24]
• April 5, 2013 – Fekete Associates, reservoir engineering software and services company.
• June 20, 2013 – PFC Energy, global consulting firm specializing in the oil and gas industry.^[25]
• July 15, 2013 – R.L. Polk & Company, owner of Carfax; information and analytics provider for the Automotive industry.
• November 6, 2014 – DisplaySearch and Solarbuzz.^[26]
• November 11, 2014 – JOC Group (the Journal of Commerce), the World’s Leading Supplier of U.S. Seaborne Import and Export Trade Data ^[27]
• April 20, 2015 – RootMetrics, an industry leader in wireless network analytics company^[28]
• March 21, 2016 – Markit, company provides independent data, trade processing of derivatives, foreign exchange and loans, customized technology platforms and managed services.^[29]

Third-party evaluations

In 2006, the information industry research firm Outsell, Inc., listed IHS among the top 10 Scientific, Technical & Medical (STM) Information companies, based on company size, growth rate, financial performance, and market share of the sector’s top 20 companies. Other companies in 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."^[30]

References

1. "About Us". Ihs.com. 2014-09-29. Retrieved 2015-05-05.
2. https://web.archive.org/20110715195303/http://m.rockymountainnews.com/news/2007/Jan/12/business-briefs-january-12/. Archived from the original on July 15, 2011. Retrieved January 8, 2009. Missing or empty |title= (help)
3. "Executive Management". Ihs.com. Retrieved 2015-05-05.
4. "IHS Completes Acquisition of RootMetrics". Headquartered in Englewood, Colorado, USA, IHS is committed to sustainable, profitable growth and employs about 8,800 people in 32 countries around the world.
5. "2007 Annual report submitted to the SEC" (PDF). Library.corporate-ir.net. Retrieved 2015-05-05. The company's headquarters are west of Centennial Airport in the Inverness Business Park; the postal designation of Englewood is used in the company's mailing address
6. "IHS Completes Three Strategic Acquisitions | IHS Online Pressroom". Press.ihs.com. 2012-03-05. Retrieved 2015-05-05.
7. "IHS and Markit to Merge, Creating a Global Leader in Critical Information, Analytics and Solutions". BusinessWire. 2016-03-21.
8. "Ihs Inc. Business Information, Profile, and History - Company, Million, Services, and Product - JRank Articles". Companies.jrank.org. 2005-11-11. Retrieved 2015-05-05.
9. "IHS Inc : Class A". Nyse.com. Retrieved 2015-05-05.
10. "Multi-client Studies and Market Research : Get insight on key questions and challenges facing the life sciences industry". Ihs.com. Retrieved 2015-05-05.
11. Archived November 6, 2011, at the Wayback Machine.
12. "IHS Acquires McCloskey Group, a Leading Coal Markets Research Firm". Press.ihs.com. Retrieved 15 January 2015.
13. "IHS All News Releases – IHS Online Pressroom". Ihs.com. Retrieved 15 January 2015.
15. Archived November 21, 2010, at the Wayback Machine.
16. "Access Intelligence :: IHS Acquires Chemical and Energy Products from Access Intelligence LLC". Accessintel.com. Retrieved 15 January 2015.
18. "IHS Acquires iSuppli in ‘$95m Deal’". mrweb. Retrieved 3 November 2010.
19. "IHS Acquires ODS-Petrodata". Press.ihs.com. Retrieved 15 January 2015.
20. "Risk Register". Dyadem.com. Retrieved 15 January 2015.
21. "Acquisitions – IHS Online Pressroom". Press.ihs.com. Retrieved 15 January 2015.
22. "IHS Acquires IMS Research". Press.ihs.com. Retrieved 15 January 2015.
23. "IHS buys Invention Machine for $40M". Denver Business Journal. 11 July 2012. Retrieved 15 January 2015.
24. "IHS to Acquire GlobalSpec, Inc.". Press.ihs.com. Retrieved 15 January 2015.
25. "UPDATE 1-IHS buys Washington consultants PFC Energy". Reuters. Retrieved 15 January 2015.
26. "IHS Completes Deal to Acquire DisplaySearch, a Leader in Display Technology Research, and Solarbuzz, of Fast-Growing Solar Market". Press.ihs.com. Retrieved 15 January 2015.
27. "IHS Announces Agreement to Acquire JOC Group, the World’s Leading Supplier of U.S. Seaborne Import and Export Trade Data". Press.ihs.com. Retrieved 15 January 2015.
28. "Mobile network analytics firm RootMetrics acquired by IHS". geekwire.com. 7 April 2015. Retrieved 22 September 2015.
29. "IHS Acquires Financial Data Firm Markit for $5.5 Billion".
30. "Seeking Sustainable Advantage". barrons.com. 2008-07-07. Retrieved 2016-02-01.

External links

• Official website
• IHS Standards Store