Intelligent Enterprise :: The Word on Text Mining
By Seth Grimes
Mentioned in this article, in order of appearance:
Barak Pridor, ClearForest, Autonomy Systems, Bayesian Statistics, Claude Shannon's Information Theory, Dr. Claude Vogel, CONVERA, RetrievalWare, Inxight Software, Star Tree, SAS, Text Miner, and Enterprise Miner.
...Although still in its infancy, text mining promises rapid advances in the scope of applications and in the effectiveness, comprehensiveness, interoperability, and usability of software implementations. The field won't be mature until commercial tools offer closed-loop analytics, that is, actionable results rather than just visualizations, analytics that are well integrated with data mining, and statistical analysis systems that use all an organization's information assets. Although techniques seem fairly well established, maturity will also bring standardized interfaces and input and output formats, extension to a spectrum of rich media in addition to plain text, the scalability to world-size applications, and predictive capabilities. The implementations available show that researchers and vendors are on the right track...
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