Imagine that you were tasked with indexing (categorizing and summarizing) the contents of a large collection of randomly formatted text documents to make them easily accessible throughout your company. Perhaps this use case contains legal documents as well as medical records (with various levels of sensitivity). Suppose that the size of this collection contained over 100 … [Read more...] about What Does This Text Really Mean?
NLP
How Contract Analytics Can Provide Valuable Insights from Contracts
Many enterprises have contracts sitting in various repositories, file shares and servers with key terms and data buried in their text or in contract management software which act as one of the former. Statements of work, indemnifications, assignment terms, revenue recognition policies, auto-renewals, and unknown incentives are few examples of contract information that add risk … [Read more...] about How Contract Analytics Can Provide Valuable Insights from Contracts
Why 360-Degrees Customer Profiles Created With Big Data Are Nothing New
In the past marketing departments had an easy task, which simply was to send messages of all sorts of kind to their (potential) customers, hoping that they would reach the right customers and that they were able to sell something. This resulted in generic advertisements in newspapers, magazines or on billboards. Thanks to the web 2.0 this changed in a two-way-communications, … [Read more...] about Why 360-Degrees Customer Profiles Created With Big Data Are Nothing New
Why Sentiment Analytics Should Be A No-Brainer For Organisations
The number of citizens that are active on a social network continues to grow rapidly. At the moment there are more than 1 billion Facebook users, of which around 850 million are active on a monthly basis. There are more than 100 billion connections and each day gives us 2.7 billion new likes. Twitter has 500 million users and 180 million tweets are sent every day. Approximately … [Read more...] about Why Sentiment Analytics Should Be A No-Brainer For Organisations
An Extensive Glossary Of Big Data Terminology
Big data comes with a lot of new terminology that is sometimes hard to understand. Therefore we have created an extensive Big Data glossary that should give some insights. Some of the definitions refer to a corresponding blog post. Of course this big data glossary is not 100% complete, so please let us know if there are missing terminology that you would like to see … [Read more...] about An Extensive Glossary Of Big Data Terminology
