BIG data, Data Mi...
Follow
Find
26.0K views | +16 today
BIG data, Data Mining, Predictive Modeling, Visualization
Your new post is loading...
Your new post is loading...
Rescooped by AnalyticsInnovations from Text analytics, text understanding
Scoop.it!

Top Five Challenges of Text Analytics

Top Five Challenges of Text Analytics | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it

"Text analytics, my research shows, has become a "have to have" technology for a majority of companies that use it.

So I've learned from the many companies I've talked to as I prepare Hurwitz & Associates' Victory Index for Text Analytics, a tool that assesses not just the technical capability of the technology but its ability to provide tangible value to the business (look for the results of the Victory Index in about a month). However, they also said challenges abound -- and those don't necessarily involve the text analytics software itself.

Here’s a quick look at five challenges users said they most often run into with text analytics.

Data access. Often, companies will want to utilize more than one source of unstructured data for analysis, but gaining access to this data can be challenging. This is more than getting a hold of the Twitter fire hose for customer intelligence analysis. This is about the right to use internal or cross-company data stores like institutional document repositories in the face of corporate politics or delays due to operational procedures, like making formal requests for the data from IT.

Managing expectations. In some organizations, text analytics can leave management with the idea that you can simply plug in the software, feed it text data, and have it automatically give you the answers. While you may be able to get some high-level answers this way using tools tuned for social media, the reality is that most of the time you’ll have to interact with the software, especially when it comes to building a taxonomy (see No. 5). Text analytics tends to be more semi-automatic than automatic."


Via Metrinomics
more...
No comment yet.
Rescooped by AnalyticsInnovations from Text analytics, text understanding
Scoop.it!

The Ethics of Advanced Analytics

The Ethics of Advanced Analytics | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it

"In the October issue of our e-zine, BI Trends + Strategies," you'll find compelling articles on three timely topics.

In this issue's lead article, renowned strategist and BeyeNETWORK expert Frank Buytendijk writes about the need to include ethics in analytics efforts, and he provides real-world examples to explain why. Alan R. Earls, SearchBusinessAnalytics.com contributor, reports on the benefits and pitfalls of business intelligence competency centers. Data warehousing guru and BeyeNETWORK expert Bill Inmon discusses the value of incorporating text into business intelligence processes.

Click here to download the PDF of this issue of BI Trends and Strategies today!"


Via Metrinomics
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Two Talks on Data Science, Big Data and R

Two Talks on Data Science, Big Data and R | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
Learn more about using open source R for big data analysis, predictive modeling, data science and more from the staff of Revolution Analytics. « Eight new R User Groups worldwide | Main ...
more...
No comment yet.
Rescooped by AnalyticsInnovations from Digital Health
Scoop.it!

Using big data to save lives

Using big data to save lives | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
Computer scientists at the University of California, Riverside are working with a doctor at Children's Hospital Los Angeles to mine data collected from pediatric intensive care units in hopes of helping doctors treat children and cutting health...

Via Alex Butler
more...
No comment yet.
Rescooped by AnalyticsInnovations from Corporate Challenge of Big Data
Scoop.it!

Big Data Demands: The Heightened Need For Advanced Data Visualization

With the rapid growth of big data and software like Hadoop fueling the demand for advanced data visualization, the days of traditional business intelligence tools are numbered.

Via Ian Sykes
more...
No comment yet.
Rescooped by AnalyticsInnovations from Corporate Challenge of Big Data
Scoop.it!

Big Data And Storage: Why You Can't Save Everything Forever - Forbes

Big Data And Storage: Why You Can't Save Everything Forever - Forbes | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
The amount of information we are generating is going up exponentially while the cost of storing it is not going down fast enough for us to be able to store all of it. That's the key message of a recent paper from David S.

Via Ian Sykes
more...
No comment yet.
Rescooped by AnalyticsInnovations from Corporate Challenge of Big Data
Scoop.it!

Why VCs Will Continue To Invest In Big Data Startups For Many Years To Come | TechCrunch

Why VCs Will Continue To Invest In Big Data Startups For Many Years To Come | TechCrunch | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
This week, Splice Machine raised $4 million to develop its SQL Engine for big data apps. MongoHQ raised $6 million for its database as a service. A third startup, Bloomreach, announced $25 million in funding for its big data applications.

Via Ian Sykes
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Getting Along: Claims and Underwriting Integration Benefits - ClaimsJournal.com

Getting Along: Claims and Underwriting Integration Benefits - ClaimsJournal.com | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
Getting Along: Claims and Underwriting Integration BenefitsClaimsJournal.comPredictive Modeling: In the last few years, we have seen an emergence of increased sophistication of rating plans – by-peril rating, new data elements and interactions, and...
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Predictive Modeling Analyst with Michael Koloden CPA PC on internships.com

Predictive Modeling Analyst  with Michael Koloden CPA PC on internships.com | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
#BusinessMgmt #Job in #Brooklyn , NY: Predictive Modeling Analyst at Michael Koloden CPA PC http://t.co/cI0ISOsD #Jobs...
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Cisco Blog » Blog Archive » Customer Insight: How Cisco Is Mining Millions of Rows of Data in Seconds

Cisco Blog » Blog Archive » Customer Insight: How Cisco Is Mining Millions of Rows of Data in Seconds | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
Are you one of the thousands attending SAP TechEd 2012 this week at The Venetian|Palazzo Congress Center in Las Vegas, Nevada?
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Visualized Conference - November 8 & 9 - NYC

Visualized Conference - November 8 & 9 - NYC | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
VISUALIZED explores the evolution of communication at the intersection of big data, storytelling and design.
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Alternatives to drowning in "big data" - iMediaConnection.com

Alternatives to drowning in "big data" - iMediaConnection.com | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
Alternatives to drowning in "big data" http://t.co/mAuZVenG via @zite...
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Elements of Statistical Learning: data mining, inference, and prediction. 2nd Edition.

RT @ebaste: Elements of Statistical Learning: data mining, inference, and prediction. 2nd Edition.
more...
No comment yet.
Rescooped by AnalyticsInnovations from BigData
Scoop.it!

Big Data in Retail - key is to #knowyourcustomer using social and master data

Big Data in Retail - key is to #knowyourcustomer using social and master data | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it

EKN's State of the Industry Research Series: Big Data in Retail


Via Stewart Townsend
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Compensation Cafe: Can a Netflixian Approach Work For ...

Compensation Cafe: Can a Netflixian Approach Work For ... | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
You've seen the recommendations. Books, movies, clothing, dining options, and even friends - everything has a recommendation for you. Predictive modeling helps us weed through the hundreds of choices of books / movies ...
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

New IBM Analytics Software Helps Doctors Transition to Predictive Healthcare - India Education Diary

India Education DiaryNew IBM Analytics Software Helps Doctors Transition to Predictive HealthcareIndia Education DiaryThe IBM solution provides the core capabilities for devising predictive models of various health conditions that can be used to identify...
more...
No comment yet.
Rescooped by AnalyticsInnovations from Corporate Challenge of Big Data
Scoop.it!

Putting big data and advanced analytics to work | McKinsey & Company

Putting big data and advanced analytics to work | McKinsey & Company | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
In a video feature, McKinsey director David Court explains how companies can improve their decisions and performance by getting powerful new tools in the hands of frontline managers.

Via Ian Sykes
more...
No comment yet.
Rescooped by AnalyticsInnovations from Corporate Challenge of Big Data
Scoop.it!

Digital Metrics for Federal Agencies | HowTo.gov

Digital Metrics for Federal Agencies | HowTo.gov | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
Digital metrics are critical for measuring, analyzing, and reporting on the effectiveness of your government Web, mobile, social media, and other digital channels.

Via Ian Sykes
more...
No comment yet.
Rescooped by AnalyticsInnovations from Corporate Challenge of Big Data
Scoop.it!

Real-time Your Hadoop - MarkLogic

Real-time Your Hadoop - MarkLogic | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it

Get the best of real-time Big Data Applications with the benefits of batch processing and archival storage by combining Hadoop with MarkLogic. The MarkLogic Connector for Hadoop allows you to augment Hadoop capabilities with MarkLogic’s real-time capabilities to create opportunities for new, immediate business insights.


Via Dominic Spitz, Ian Sykes
more...
No comment yet.
Rescooped by AnalyticsInnovations from Digital Marketing & Communications
Scoop.it!

Big Data Is Faster and Cheaper But Not New Or Revolutionary - IBM - Forbes

Big Data Is Faster and Cheaper But Not New Or Revolutionary - IBM - Forbes | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
It sounds a bit heretical in a time when big data is such a hot topic at conferences, in publications, and certainly in marketing. But Steve Mills, senior vice president and group executive for software and systems at IBM, insists big data does not represent a huge paradigm change in processes or results.

Via Alex Butler
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

BIG Data, Data Mining, Predictive Modeling, and Visualizations: BIG ...

BIG Data, Data Mining, Predictive Modeling, and Visualizations: BIG ... | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
BIG Data, Data Mining, Predictive Modeling, and Visualizations. Consumer Centric Predictive Models and Data Mining: Coming Together of Statistical, Econometric, Machine Learning, and Behavioral Sciences - "Observations ...
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Cogito » Blog Archive » Forecasting Is Not Just for Weather

RT @scagliarini: A new age (and better weather) for predictive modeling #semantics #textanalytics http://t.co/Ni12VdPc...
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Pols Blur Line Between Data Mining, Cyberstalking - Slashdot

Pols Blur Line Between Data Mining, Cyberstalking - Slashdot | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
theodp writes "Mother Jones reports on Obama's Digital Gurus, the top-secret team of analytics engineers and scientists led by hipster CTO Harper Reed who work on text analytics, social network/media analysis, web personalization, computational...
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

Where M2M And Big Data Are Headed

Where M2M And Big Data Are Headed | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
Machine-to-machine (M2M) devices, working along with big data analytics, will continue to help companies break new ground in areas including insurance and healthcare, study says.
more...
No comment yet.
Scooped by AnalyticsInnovations
Scoop.it!

In 2012, mining data about voters, and then 'nanotargeting' message, is the new way to campaign - DailyBulletin.com

In 2012, mining data about voters, and then 'nanotargeting' message, is the new way to campaign - DailyBulletin.com | BIG data, Data Mining, Predictive Modeling, Visualization | Scoop.it
While Barack Obama and Mitt Romney are on the campaign trail, their staffers are writing algorithms to influence voters, knowing precisely whether they drive pickups orPriuses, go to church on Sundays, get their news from Drudge or Huffington Post,...
more...
No comment yet.