Monday, November 18, 2013

10 Professionals, 10 views on the coming trends in text analytics

KDNuggets - Top 10 trends in text analytics

Data Driven Business recently interviewed forward thinking text analytics professionals from leading companies like Bank of America, Home Depot and PayPal, on challenges they are face, overcoming them, and the industry as a whole.
Alesia Siuchykava, Data Driven Business/Text Analytics News, Nov 13, 2013.

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Data Driven Business recently conducted interviews with text analytics professionals from a number of leading companies and identified 10 trends in text analytics that can be observed over the next 6-12 months.

1. Fusion of text (unstructured) data with structured data ...

2. Increase in interest in multilingual text analytics. ...

3. Algorithmic understanding of social media comments. ...

4. Commercialization of sentiment detection. ...

5. Finding trends and trending events in news streams. ...

6. More built-in visualization capabilities. ...

7. Streaming real-time text analytics. ...

8. Use of text analytics for getting insights from unstructured Big Data. ...

9. Advances in machine learning. ...

10. Integration of different capabilities. ...

Some interesting thoughts in, and on, these trends. Note the common themes? Big Data, real-time, social...

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