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IHS Inc.
Company typePublic (NYSE: IHS)
IndustryPublishing
Founded1959[1]
Headquarters
Douglas County, Colorado[2]
,
United States
Key people
Jerre L. Stead, Chief Executive Officer and Chairman[3]
SubsidiariesCambridge 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
Websitewww.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 four major areas: energy, product lifecycle, environment, and security. 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 2007, IHS reported revenue of $688.4 million (a 25% annual increase).[5]

IHS company 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.[6] 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 publsicly traded company (NYSE: IHS) and changed its name from Information Handling Services to IHS Inc. IHS is classified as belonging to the publications industry[7].

IHS supported industries

IHS provides products and services in the following industries:

  • Automotive
  • Energy
  • Product lifecycle
  • Environment
  • Security

IHS products and services

IHS offers four broad categories of products and services:

  • Industry data
  • Technical documents
  • Custom software applications
  • Consulting services

Industry data

IHS analyzes and distributes energy, product lifecycle, security, and environment industry information to customers in more than 180 countries.

Technical documents

IHS distributes technical documents such as:

Custom software applications

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

Consulting services

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.

Recent IHS acquisitions

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

  • CSM Worldwide provides trusted automotive market forecasting services and strategic advisory solutions to the world's top automotive manufacturers, suppliers and financial organizations. More than 85 percent of the world's top automotive OEMs and suppliers subscribe to CSM for their forecasting needs and strategic planning. With offices around the world focusing on the automotive OEM environment, CSM delivers comprehensive global analysis based on detailed local market intelligence. The company’s core services include the Vehicle Production Forecast Service, Vehicle Sales Forecast Service, Powertrain Forecast Service, Supply Chain & Technology Forecast Service and Advisory Service.
  • Global Insight, Global Insight is 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.
  • 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.
  • 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.
  • Prime Publications Limited, which owns Fairplay magazine and 50 percent of Lloyd’s Register-Fairplay Limited, a leading source of global maritime information[8].
  • The remaining 50 percent of Lloyd's Register - Fairplay was acquired from Lloyd's Register in 2009. The division was renamed IHS Fairplay.
  • John S. Herold, Inc., a leading worldwide energy research and consulting firm.
  • On March 17, 2010, announced the acquisition of CSM Worldwide, The purchase price is approximately $27 million.[9].
  • On May 05, 2010, IHS acquired Quantitative Micro Software, developer of EViews, for approximately $40 million.[10]
  • On September 22, 2010, IHS acquired two leading environmental health and safety information companies, Atrion International, and Syntex Management Systems, for a combined purchase price of approximately $80 million.[11]
  • On November 2, 2010, IHS acquired technology research specialist iSuppli for $95m.[12]

IHS Brands

IHS Economic Indicators

As of May 1, 2008, the New York Stock Exchange (NYSE) reported the following IHS economic indicators[13]:

  • P/E Ratio: 45.87
  • Earnings per Share: 1.44
  • Market Capitalization (billion): 3.28 B
  • Shares Outstanding: 48,723,000

The IHS annual report gave the following IHS economic indicators[14]:

  • Revenue: $688.4 million (25% annual increase)
  • Operating income: $116.6 million (45% annual increase)
  • Net Income: $83.8 million (49% annual increase)
  • Adjusted EBITDA: $167.6 million (42% annual increase)

Third Party Evaluations of IHS and Recent News Articles

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.”[15]

References

  1. ^ About IHS.
  2. ^ [1] Rocky Mountain News]. The company is located in unincorporated Douglas County, Colorado.
  3. ^ IHS executive team.
  4. ^ 2007 Annual report submitted to the SEC. 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.
  5. ^ IHS - Financial reports.
  6. ^ Jrank.org - Ihs Inc. Business Information, Profile, and History.
  7. ^ NYSE - IHS.
  8. ^ http://www.ihs.com/News/Press-Releases/2008/IHSandLRF.htm
  9. ^ http://www.marketwatch.com/story/ihs-acquires-csm-worldwide-2010-03-17
  10. ^ http://press.ihs.com/article_display.cfm?article_id=4235
  11. ^ http://press.ihs.com/article_display.cfm?article_id=4300
  12. ^ "IHS Acquires iSuppli in '$95m Deal'". mrweb. Retrieved 3 November 2010.
  13. ^ http://www.nyse.com/about/listed/lcddata.html?ticker=IHS
  14. ^ http://www.ihs.com/Investor-Relations/financial-reports.htm 2007
  15. ^ Marketwatch.com Seeking Sustainable Advantage. (Dead link)

Biographical information and career statistics from

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