UK-listed information and analytics firm RELX has continued a drive to develop sophisticated information-based analytics and decision tools to deliver enhanced value to help customers make better decisions, boost results and be more productive. This can be a powerful sales proposition, with its products often accounting for a very small part of its customers’ total cost base but able to have a significant impact.

The company has acquired SciBite which uses tools driven by artificial intelligence to help researchers comb through massive data sets. The deal’s speculated price tag was about £65 million ($117 million). This is the eighth deal for RELX this year.