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August 6, 2012

Text mining: Digging for gold within the syntax

Posted by Akash Bhatia (View Profile | View All Posts) at 6:22 AM

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This post is co-authored with Chantrelle Nielsen.

Data mining is so yesterday.  Today, we're engulfed in text mining - the use of computer processing to understand patterns and trends in text - is becoming a more valuable business tool every day. Text mining technologies have developed at a rapid pace in the past decade and have become relatively sophisticated, but there is still no "out-of-the-box" text mining solution that plugs into existing business intelligence (BI) systems. That's because every business has unique discovery needs. And every business has its own internal unstructured data to consider. Most companies simply rely on software alone. The right solution is a mixture of human intelligence and effort along with software. Art and science. Thankfully, text mining can be applied to any available data source, provided it is made of or can be translated into text.

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February 17, 2012

Data - structured or unstructured - means business

Posted by Akash Bhatia (View Profile | View All Posts) at 11:33 AM

This post is co-authored with Chantrelle Nielsen.

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It's estimated that last year, the world created four exabytes of data - that's four quintillion bytes, or more than the combined knowledge base of the last 5,000 years.  I don't know how much an exabyte is. But it seems like a lot of information to me.  So what do we make of it?  Here's one story:

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