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By: Dr Fern Halper, Partner, Hurwitz & Associates Published: 9th February 2008 Copyright Hurwitz & Associates © 2008 |
Late last summer, Hurwitz & Associates published a report on Text Analytics. As part of the report we surveyed companies that had deployed the technology, were planning to deploy the technology, or had no plans to deploy text analytics. We asked companies planning to deploy text analytics solutions whether they planned to integrate it with their BI solution and whether they planned to implement it with their content management solution.
It turns out that the majority of companies planned to use text analytics with both their BI and content management systems. In fact, sixty-two percent stated that they plan to deploy the technology in conjunction with their content management systems.
A few definitions are in order. Enterprise Content Management (ECM) generally refers to a set of technologies that are used to acquire, manage, store and serve up content. Content management software usually has some sort of categorization capability to help classify content information and search to help access the information. But what about actually analyzing this unstructured content? That's where text analytics comes in.
Hurwitz & Associates defines text analytics as the process of analyzing and extracting relevant unstructured text and transforming it into structured information that can then be mined and analyzed in various ways. Currently, the most popular method of deploying text analytics is as part of a business intelligence solution. This makes sense—it is a comfortable paradigm. So, how would deploying text analytics with a content management system work? Text analytics can be used as part of a content management solution in many ways including:
I expect that in the next year, we will finally see some real action in text analytics on the content management front.
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11th February 2008: 'arthur128' said:
It is a very comprehensive analysis of the market of Text Analysis as usual from Dr Fern Halper; this market is coming to maturity finaly with consolidation et offerings of new products for specialised needs like online publishers that needs the Web content management, Digital Assets management et Text mining suite presented by Nstein.
an investor in Text Technologies
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