Top Banner

Click here to load reader

Text Analytics Applied (LIDER roadmapping presentation)

Aug 11, 2014

ReportDownload

Presentation to the May 8 2014 LIDER roadmapping workshop in Madrid

  • Text Analytics Applied Seth Grimes Alta Plana Corporation @sethgrimes 2nd LIDER roadmapping workshop Madrid May 8, 2014
  • Text Analytics Applied 2nd LIDER workshop 2 Organizations embracing text analytics all report having an epiphany moment when they suddenly knew more than before. -- Philip Russom, the Data Warehousing Institute, 2007 http://tdwi.org/articles/2007/05/09-what-works/bi-search-and-text-analytics.aspx
  • Text Analytics Applied 2nd LIDER workshop 3
  • Document input and processing Knowledge handling is key Desk Set (1957): Computer engineer Richard Sumner (Spencer Tracy) and television network librarian Bunny Watson (Katherine Hepburn) and the "electronic brain" EMERAC. Hans Peter Luhn A Business Intelligence System IBM Journal, October 1958
  • Text Analytics Applied 2nd LIDER workshop 5 Statistics and semantics Text analytics involves statistical characterization and semantic understanding of text-derived features Named entities: people, companies, places, etc. Pattern-based entities: e-mail addresses, phone numbers, etc. Concepts: abstractions of entities. Facts and relationships. Events. Concrete and abstract attributes (e.g., expensive & comfortable) including measure-value pairs. Subjectivity in the forms of opinions, sentiments, and emotions: attitudinal data. applied to business ends.
  • Text Analytics Applied 2nd LIDER workshop 6 Sources Its a truism that 80% of enterprise-relevant information originates in unstructured form: E-mail and messages. Web pages, online news & blogs, forum postings, and other social media. Contact-center notes and transcripts. Surveys, feedback forms, warranty claims. Scientific literature, books, legal documents. ... Non-text unstructured content? Images Audio including speech Video Value derives from patterns.
  • Text Analytics Applied 2nd LIDER workshop 7 Value What do we do with information online, on-social, and in the enterprise? 1. Post/Publish, Manage, and Archive. 2. Index and Search. 3. Categorize and Classify according to metadata & contents. 4. Extract and Analyze.
  • Text Analytics Applied 2nd LIDER workshop 8 Semantics, analytics, and IR Text analytics generates semantics to bridge search, BI, and applications, enabling next-generation information systems. Search BI/Big Data Applica- tions Search based applications (search + text + apps) Information access (search + analytics) Synthesis (text + BI)/(big data) Text analytics (inner circle) Semantic search (search + text) NextGen CRM, EFM, MR, marketing, apps
  • New York Times, September 8, 1957
  • Text Analytics Applied 2nd LIDER workshop 10 http://open.blogs.nytimes.com/2012/02/16/rnews-is- here-and-this-is-what-it-means/
    Google.org (GOOG) Contact Details:
    Main address: 38 avenue de l'Opera F-75002 Paris, France ,
    Tel:( 33 1) 42 68 53 00 , Fax:( 33 1) 42 68 53 01 , E-mail: secretariat(at)google.org
    http://schema.org/Organization Structure matters http://img.freebase.com/api/trans/raw/m/02dtnzv http://www.cambridgesemantics.com/se mantic-university/semantic-search-and- the-semantic-web
  • Text Analytics Applied 2nd LIDER workshop 11 Exploratory analysis, synthesis Decisive Analytics http://www.dac.us/
  • Text Analytics Applied 2nd LIDER workshop 12 http://www.geeklawblog.com/2011/12/lexis-advance-platform-launch-two.html A big data analytics architecture (example)
  • Text Analytics Applied 2nd LIDER workshop 13 Applications Synthesis is cool, but lets take a step back Text analytics has applications in: Intelligence & law enforcement. Life sciences & clinical medicine. Media & publishing including social-media analysis and contextual advertizing. Competitive intelligence. Voice of the Customer: CRM, product management & marketing. Public administration & policy. Legal, tax & regulatory (LTR) including compliance. Recruiting.
  • Text Analytics Applied 2nd LIDER workshop 14 Sentiment analysis A specialization, of relevance to: Brand/reputation management. Customer experience management (CEM). Competitive intelligence. Survey analysis (EFM). Market research. Product design/quality. Trend spotting.
  • Text Analytics Applied 2nd LIDER workshop 15 http://altaplana.com/TA2014
  • Text Analytics Applied 2nd LIDER workshop 16 5% 6% 8% 9% 10% 11% 13% 14% 15% 16% 25% 27% 29% 33% 38% 38% 39% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% Military/national security/intelligence Law enforcement Intellectual property/patent analysis Financial services/capital markets Product/service design, quality assurance, or warranty claims Other Insurance, risk management, or fraud E-discovery Life sciences or clinical medicine Online commerce including shopping, price intelligence, reviews Content management or publishing Customer /CRM Search, information access, or Question Answering Competitive intelligence Brand/product/reputation management Research (not listed) Voice of the Customer / Customer Experience Management What are your primary applications where text comes into play?
  • Text Analytics Applied 2nd LIDER workshop 17 Voice of the Customer Text analytics is applied to improve customer service and boost satisfaction and loyalty. Analyze customer interactions and opinions E-mail, contact-center notes, survey responses. Forum & blog posting and other social media. to Address customer product & service issues. Improve quality. Manage brand & reputation. Assessment of qualitative information from text helps users Gain feedback on interactions. Assess customer value. Understand root causes. Mine data for measures such as churn likelihood.
  • Text Analytics Applied 2nd LIDER workshop 18 Online commerce Text analytics is applied for marketing, search optimization, competitive intelligence. Analyze social media and enterprise feedback to understand the Voice of the Market: Opportunities Threats Trends Categorize product and service offerings for on-site search and faceted navigation and to enrich content delivery. Annotate pages to enhance Web-search findability, ranking. Scrape competitor sites for offers and pricing. Analyze social and news media for competitive information.
  • Text Analytics Applied 2nd LIDER workshop 19 E-Discovery and compliance Text analytics is applied for compliance, fraud and risk, and e-discovery. Regulatory mandates and corporate practices dictate Monitoring corporate communications Managing electronic stored information for production in event of litigation Sources include e-mail (!!), news, social media Risk avoidance and fraud detection are key to effective decision making Text analytics mines critical data from unstructured sources Integrated text-transactional analytics provides rich insights
  • Text Analytics Applied 2nd LIDER workshop 20 5% 5% 5% 5% 7% 9% 11% 11% 12% 12% 12% 13% 16% 19% 20% 20% 22% 26% 31% 31% 32% 36% 37% 38% 42% 43% 46% 0% 5% 10% 15% 20% 25% 30% 35% 40% 45% 50% insurance claims or underwriting notes point-of-service notes or transcripts video or animated images warranty claims/documentation photographs or other graphical images crime, legal, or judicial reports or evidentiary materials field/intelligence reports speech or other audio patent/IP filings other text messages/instant messages/SMS medical records Web-site feedback social media not listed above chat employee surveys contact-center notes or transcripts e-mail and correspondence online reviews scientific or technical literature Facebook postings on-line forums customer/market surveys comments on blogs and articles news articles blogs (long form) including Tumblr Twitter, Sina Weibo, or other microblogs What textual information are you analyzing or do you plan to analyze?
  • Text Analytics Applied 2nd LIDER workshop 21 16% 19% 20% 20% 22% 26% 31% 31% 32% 36% 37% 38% 42% 43% 46% 0% 10% 20% 30% 40% 50% 60% 70% Web-site feedback social media not listed above chat employee surveys contact-center notes or transcripts e-mail and correspondence online reviews scientific or technical literature Facebook postings on-line forums customer/market surveys comments on blogs and articles news articles blogs (long form) including Tumblr Twitter, Sina Weibo, or other microblogs What textual information are you analyzing or do you plan to analyze? 2014 2011 2009
  • Text Analytics Applied 2nd LIDER workshop 22 Current, 33% Current, 31% Current, 34% Current, 47% Current, 51% Current, 56% Current, 47% Current, 54% Current, 66% Expect, 21% Expect, 24% Expect, 23% Expect, 23% Expect, 28% Expect, 25% Expect, 33% Expect, 28% Expect, 22% 0% 10% 20% 30% 40% 50% 60