SlideShare a Scribd company logo
Content Analytics
Insights from Unstructured Data
Mayank Tyagi
April 09, 2015
CONTENT ANALYTICS
UNLOCKS BUSINESS VALUE
FROM UNSTRUCTURED CONTENT
DELIVERING ANSWERS
TO IMPORTANT QUESTIONS
VIA SEMANTIC TECHNOLOGIES
Business Need
A large percentage (estimated at 80% or more) of the information in a company
is maintained as unstructured content, which includes valuable assets such as
emails, customer correspondence, free-form fields on applications, wikis, blobs
of text in a database, content in enterprise content repositories, social media
posts, and messages of all kinds. Because this content lacks structure, it is
difficult to search and analyze it without extensive effort and automation
Structured vs Unstructured Data
Column Value
Patient Joe Brown
Date of Birth 02/13/1972
Date
Admitted
02/05/2014
Structured Data
High Degree of organization,
such as a relational database
Unstructured Data
Information that is difficult to organize
using traditional mechanisms
“The patient came in complaining of
chest pain, shortness of breath, and
lingering headaches…smokes 2
packs a day… family history of heart
disease…has been experiencing
similar symptoms for the past
12 hours….”
Big Content
• Beyond conventional Big Data, there exists a
tsunami of information in the big data
universe that has largely remained untapped
• Big Data has morphed into a world of
unstructured machine-generated data and
human-generated content that is referred to
as ‘Big Content.’ for example, chat logs,
emails, documents, sales and service notes,
CRM case notes, support tickets, weblogs,
social media feeds, and more
Content Analytics
 Content analytics is the act of applying
business intelligence and business analytics
practices to this Big Content
 Companies use content analytics software to
provide visibility into the amount of content
that is being created, the nature of that
content and how it is used. This contextual
value-adding information has remained
under-used due to lack of recognition and
inadequate technologies
Big Content
Content Analytics approach leverages multiple algorithms to draw patterns and
identify insights from unstructured data
Content analytics solution
processes textual data in ways
that help to search, discover,
and perform the same
analytics on textual data that
is currently performed on
structured data in a business
intelligence style of
application.
With Content Analytics
Solutions, unstructured data
can be used in ways that were
only previously attainable from
structured data sets
Analyze unstructured
content1
Content Analytics delivers new
business understanding and
visibility from the content and
context of textual information. For
example, it can identify patterns,
view trends and deviations over
time, and reveal unusual
correlations or anomalies. It can
explain why events are occurring
and find new opportunities by
aggregating the voices of
customers, suppliers, and the
market.
Better business
understanding & visibility2
Tool for reporting
statistics and deriving
actionable insights.
With Content Analytics,
solutions, we can define
many facets (or aspects) of
your data, with each facet
potentially leading to
valuable insights for various
users.
Content Analytics brings the
power of business intelligence
to the entire enterprise
information, not just structured
information(which is less than
20% of the entire enterprise
repository)
3
Content Analytics Solutions
Text Analytics or Natural Language
Processing were a set of linguistic, statistical,
and machine learning techniques that allow
text to be analysed and key information
extraction for business Integration.
However, it gave only answer to who, what,
where and when of a subject? The why was
left to subjective assessment only
Traditional Approach – Text Analytics
Evolution of Content Analytics
Contemporary Solution – Content Analytics
• Content Analytics (Text Analytics + Mining) refers to
the text analytics process plus the ability to visually
identify and explore trends, patterns, and
statistically relevant facts found in various types of
content spread across internal and external
content sources.
• Content analytics distinctively adds the why and
the how and provides a comprehensive
understanding of the world around the subject
Identify meaning, trends, patterns, preferences, tastes,
from text for better business decision making
Understand the customers on a granular level primarily
due to to semantic and sentiment analysis
Extract more value from your social media community
by build a richer profile of each person on customer
database
Quickly identify trends amongst the customer base by
filtering and giving structure to the data
Reuse and curate content by analysing and curating
content from partner organisations and external sources
that are pertinent to the target market
Customer-centric marketing: As content analytics can
determine the interests of individual customers &
prospects, so, for each person the content that is most
relevant to them can be customized and personalised
propositions can be delivered
Content Analytics complements business intelligence to provide a more detailed
and accurate understanding of market and customer needs
€
Content
Analytics
1
2
3
4
5
6
Key Benefits of Content Analytics
• 90% of the world’s data
was created in the last two
years
• 5 million trade events per
second
Key Challenges of Content Analytics
Beyond Volume, Variety and Velocity is the Issue of Big Data Veracity
Velocity
Challenges of Content Analytics
• 1 Trillion connected
devices generate 2.5
quintillion bytes data / day
• 12 terabytes of Tweets
created daily
Volume
• With big data there is a
tendency for errors to snowball
e.g. user entry errors,
redundancy and corruption all
provide uncertainty &
ambiguity to quality of data
Veracity
• Structured, unstructured,
multimedia, text; varied
content creation
• 80% of the world’s data today
is unstructured
1
3
2
Variety4
Content Analytics is used in many verticals and for various applications solving
varied business needs
Note: *This is just a representative list to showcase the capabilities of content analytics and not exhaustive
Usage of Content Analytics Solutions*
Examples of Business Problems that can be
addressed
 Market intelligence
 Case management
 Compliance
 Risk scoring
“What features of our Banking Services
are most liked/hated by our customers?”
Financial
Services
 Scientific discovery
 Bio-surveillance
 Clinical trials
Healthcare
and Life
Sciences
 Digital asset management
 Content mining
 Contextual advertising
“What caused this recent drop in sales
for Product X?”
Media and
Advertising
Industry Solutions
 Security
 Intelligence
 Digital library services
 E-learning
Education
and Govt.
“Give me a media profile of Mr. X
including Trends, Quotes, Roles,
Contacts etc. “
“Which regulatory causes and sentences
from Past have hindered the objective of
universal education?”
Content Analytics Solutions -
Industry Overview
Industry Overview
› Content Analytics solutions are usually evolutionary products
of Enterprise Content Management Solutions providers. These
solutions enable the management of business information
throughout the content lifecycle, from creation to disposition.
As a technical architecture, ECM consists of a platform or a set
of applications that interoperate but that can be sold and
used separately.
› Content Analytics and ECM market will grow from $5.1 billion
in 2013 to over $9.3 billion in 2017, at a CAGR of 16% over the
period.
›
› Leading providers of content analytics solutions are IBM,
Open text, EMC, Perceptive Software, Hyland, Microsoft and
Oracle. Several other new entrants such as Xerox, Alresco and
Newgen Software have also developed solutions which are
rated highly by industry experts and labeled as visionaries by
IT research firms such as Gartner.
• Content Analytics market includes key players that provide purpose-built and job-
aligned offerings, including case management, composite content applications
and customer communications management. Key assessment of leading players
in the Content Analytics market are detailed below.
Key Players
Strengths
Wide variety of
content
management and
related capabilities,
from content
ingestion to
archiving
Deep analytics and
business intelligence
tools
Weaknesses
IBM's greatest
strengths also poses
its greatest
challenge: Breadth of
its products may
make it hard for
customers to
understand where to
start or how to
extend their current
offerings
Strengths
• Open Text's
relationship with
SAP provides a
firm foundation for
expansion and
has enabled it to
command a
strong position in
markets where
SAP is strong.
Weaknesses
• Complicated
architecture
• High Pricing
• Poor after-sales
support
Strengths
 Extensive content
management
stack that includes
most ECM
elements
 Customized
industry solutions,
specifically for the
healthcare, life
sciences, energy
and engineering
sectors
Weaknesses
• Only a limited and
tactical solution in
applicability
Strengths
• Strong product
and solution
capabilities
• Deep focus on
vertical markets,
specialized
solutions for
healthcare and
higher education
sectors
Weaknesses
• Increasing
fragmentation of
its product
architecture and
a lack of clarity
about its road
map
• Lack of
interoperability
IBM Open Text EMC
Perceptive
Software
Strengths
 Long and
extensive
experience in
developing
content-enabled
applications
 Solution capability
for Mobile and
Cloud
deployment
Weaknesses
• Limited global
footprint with 85%
of sales coming
from NA
• Limited
capabilities to
manage
sophisticated
digital asset
management
requirements
Hyland
Trends
 Increased focus on social media text
analytics as it is creating huge
amount of unstructured data.
 Large scale changes in system
architecture as new data-centric
model and solutions will emerge.
Large data will live in persistent
memory and many CPUs/clients will
use shallow hierarchy
 Significant benefits from Content
Analytics are likely to continue for at
least 5-10 years more before it
reaches the “Plateau of Productivity”
Future outlook for growth in
the Content Analytics space
will continue to remain bright
as businesses continue to
search for these solutions to
enhance their operational
efficiency and better
understanding of their
current and prospective
customers
Implications
Major Trends in Content Analytics
Annexure
CONTENT
ANALYTICS
HOW DOES
WORK
AN EXAMPLE
?
17
Analyzing Unstructured Content – Text Analytics
Answering complex natural language questions requires more than keyword evidence
This evidence
suggests
“Gary” is the answer
BUT the system must
learn that keyword
matching may be
weak
relative to other
types of
evidence
18
Analyzing Unstructured Content – Content Analytics
CA approach leverages multiple algorithms to draw patterns and identify insights
Stronger evidence
can be much
harder to find and
score …
… and the evidence
is still not 100%
certain
Search far and wide
Explore many
hypotheses
Find judge evidence
Many inference
algorithms
Thank You

More Related Content

What's hot

Customer Experience: A Catalyst for Digital Transformation
Customer Experience: A Catalyst for Digital TransformationCustomer Experience: A Catalyst for Digital Transformation
Customer Experience: A Catalyst for Digital Transformation
Cloudera, Inc.
 

What's hot (20)

Stop the fraudster! Pennsylvania Treasury, Industry Expert Chris Doxey and Fu...
Stop the fraudster! Pennsylvania Treasury, Industry Expert Chris Doxey and Fu...Stop the fraudster! Pennsylvania Treasury, Industry Expert Chris Doxey and Fu...
Stop the fraudster! Pennsylvania Treasury, Industry Expert Chris Doxey and Fu...
 
The state of data privacy with dimensional research
The state of data privacy with dimensional research The state of data privacy with dimensional research
The state of data privacy with dimensional research
 
Big Data & Analytics Day
Big Data & Analytics Day Big Data & Analytics Day
Big Data & Analytics Day
 
Big Data & Analytic: The Value Proposition
Big Data & Analytic: The Value PropositionBig Data & Analytic: The Value Proposition
Big Data & Analytic: The Value Proposition
 
A better business case for big data with Hadoop
A better business case for big data with HadoopA better business case for big data with Hadoop
A better business case for big data with Hadoop
 
Information Governance – What Does a Modern Program Look Like?
Information Governance – What Does a Modern Program Look Like?Information Governance – What Does a Modern Program Look Like?
Information Governance – What Does a Modern Program Look Like?
 
How to Use Open Source Technologies in Safety-critical Medical Device Platforms
How to Use Open Source Technologies in Safety-critical Medical Device PlatformsHow to Use Open Source Technologies in Safety-critical Medical Device Platforms
How to Use Open Source Technologies in Safety-critical Medical Device Platforms
 
Infrastructure Matters
Infrastructure MattersInfrastructure Matters
Infrastructure Matters
 
Transform Your Business with Supply Chain AI and a Modern Infrastructure
Transform Your Business with Supply Chain AI and a Modern InfrastructureTransform Your Business with Supply Chain AI and a Modern Infrastructure
Transform Your Business with Supply Chain AI and a Modern Infrastructure
 
How to optimize the supply chain with ai
How to optimize the supply chain with ai How to optimize the supply chain with ai
How to optimize the supply chain with ai
 
Eliminate the 49% of Documents that Contain Data Breaches Webinar
Eliminate the 49% of Documents that Contain Data Breaches WebinarEliminate the 49% of Documents that Contain Data Breaches Webinar
Eliminate the 49% of Documents that Contain Data Breaches Webinar
 
Bridgei2i Analytics Solutions Introduction
Bridgei2i Analytics Solutions IntroductionBridgei2i Analytics Solutions Introduction
Bridgei2i Analytics Solutions Introduction
 
The Future Of CTMS - Survey Results - April 2013
The Future Of CTMS - Survey Results - April 2013The Future Of CTMS - Survey Results - April 2013
The Future Of CTMS - Survey Results - April 2013
 
01 big dataoverview
01 big dataoverview01 big dataoverview
01 big dataoverview
 
Best Practices In Predictive Analytics
Best Practices In Predictive AnalyticsBest Practices In Predictive Analytics
Best Practices In Predictive Analytics
 
How Human Resources processes are improved by Advanced Analytics and Big Data
How Human Resources processes are improved by Advanced Analytics and Big DataHow Human Resources processes are improved by Advanced Analytics and Big Data
How Human Resources processes are improved by Advanced Analytics and Big Data
 
Customer Experience: A Catalyst for Digital Transformation
Customer Experience: A Catalyst for Digital TransformationCustomer Experience: A Catalyst for Digital Transformation
Customer Experience: A Catalyst for Digital Transformation
 
Best Practices in Implementing Social and Mobile CX for Utilities
Best Practices in Implementing Social and Mobile CX for UtilitiesBest Practices in Implementing Social and Mobile CX for Utilities
Best Practices in Implementing Social and Mobile CX for Utilities
 
Information Governance -- Necessary Evil or a Bridge to the Future?
Information Governance -- Necessary Evil or a Bridge to the Future?Information Governance -- Necessary Evil or a Bridge to the Future?
Information Governance -- Necessary Evil or a Bridge to the Future?
 
Continuous Cyber Attacks: Engaging Business Leaders for the New Normal
Continuous Cyber Attacks: Engaging Business Leaders for the New NormalContinuous Cyber Attacks: Engaging Business Leaders for the New Normal
Continuous Cyber Attacks: Engaging Business Leaders for the New Normal
 

Similar to Content analytics

2016-09 Customer Insight Visualizations to Drive Business Decisions
2016-09 Customer Insight Visualizations to Drive Business Decisions2016-09 Customer Insight Visualizations to Drive Business Decisions
2016-09 Customer Insight Visualizations to Drive Business Decisions
Paul Santilli
 
Self-service analytics risk_September_2016
Self-service analytics risk_September_2016Self-service analytics risk_September_2016
Self-service analytics risk_September_2016
Leigh Ulpen
 
How To Pick The Best Analytics Tool.pdf
How To Pick The Best Analytics Tool.pdfHow To Pick The Best Analytics Tool.pdf
How To Pick The Best Analytics Tool.pdf
Satawaretechnologies1
 
Running head PROJECT PLAN INCEPTION1PROJECT PLAN INCEPTION .docx
Running head PROJECT PLAN INCEPTION1PROJECT PLAN INCEPTION .docxRunning head PROJECT PLAN INCEPTION1PROJECT PLAN INCEPTION .docx
Running head PROJECT PLAN INCEPTION1PROJECT PLAN INCEPTION .docx
jeanettehully
 

Similar to Content analytics (20)

uae views on big data
  uae views on  big data  uae views on  big data
uae views on big data
 
Dat analytics all verticals
Dat analytics all verticalsDat analytics all verticals
Dat analytics all verticals
 
Tips --Break Down the Barriers to Better Data Analytics
Tips --Break Down the Barriers to Better Data AnalyticsTips --Break Down the Barriers to Better Data Analytics
Tips --Break Down the Barriers to Better Data Analytics
 
Enterprise search
Enterprise searchEnterprise search
Enterprise search
 
When to use the different text analytics tools - Meaning Cloud
When to use the different text analytics tools - Meaning CloudWhen to use the different text analytics tools - Meaning Cloud
When to use the different text analytics tools - Meaning Cloud
 
Data Science - Part I - Sustaining Predictive Analytics Capabilities
Data Science - Part I - Sustaining Predictive Analytics CapabilitiesData Science - Part I - Sustaining Predictive Analytics Capabilities
Data Science - Part I - Sustaining Predictive Analytics Capabilities
 
BIG DATA CHAPTER 2 IN DSS.pptx
BIG DATA CHAPTER 2 IN DSS.pptxBIG DATA CHAPTER 2 IN DSS.pptx
BIG DATA CHAPTER 2 IN DSS.pptx
 
2016-09 Customer Insight Visualizations to Drive Business Decisions
2016-09 Customer Insight Visualizations to Drive Business Decisions2016-09 Customer Insight Visualizations to Drive Business Decisions
2016-09 Customer Insight Visualizations to Drive Business Decisions
 
Self-service analytics risk_September_2016
Self-service analytics risk_September_2016Self-service analytics risk_September_2016
Self-service analytics risk_September_2016
 
How To Pick The Best Analytics Tool.pdf
How To Pick The Best Analytics Tool.pdfHow To Pick The Best Analytics Tool.pdf
How To Pick The Best Analytics Tool.pdf
 
What Are the Challenges and Opportunities in Big Data Analytics.pdf
What Are the Challenges and Opportunities in Big Data Analytics.pdfWhat Are the Challenges and Opportunities in Big Data Analytics.pdf
What Are the Challenges and Opportunities in Big Data Analytics.pdf
 
Pingar - The Future of Text Analytics
Pingar - The Future of Text AnalyticsPingar - The Future of Text Analytics
Pingar - The Future of Text Analytics
 
Introductions to Business Analytics
Introductions to Business Analytics Introductions to Business Analytics
Introductions to Business Analytics
 
Data Profiling: The First Step to Big Data Quality
Data Profiling: The First Step to Big Data QualityData Profiling: The First Step to Big Data Quality
Data Profiling: The First Step to Big Data Quality
 
Buyer's guide to strategic analytics
Buyer's guide to strategic analyticsBuyer's guide to strategic analytics
Buyer's guide to strategic analytics
 
Steve Walker & Seth Earley - Understanding the DX Ecosystem & Developing a Ma...
Steve Walker & Seth Earley - Understanding the DX Ecosystem & Developing a Ma...Steve Walker & Seth Earley - Understanding the DX Ecosystem & Developing a Ma...
Steve Walker & Seth Earley - Understanding the DX Ecosystem & Developing a Ma...
 
HR analytics
HR analyticsHR analytics
HR analytics
 
Running head PROJECT PLAN INCEPTION1PROJECT PLAN INCEPTION .docx
Running head PROJECT PLAN INCEPTION1PROJECT PLAN INCEPTION .docxRunning head PROJECT PLAN INCEPTION1PROJECT PLAN INCEPTION .docx
Running head PROJECT PLAN INCEPTION1PROJECT PLAN INCEPTION .docx
 
Big data overview
Big data overviewBig data overview
Big data overview
 
Life Science Analytics
Life Science AnalyticsLife Science Analytics
Life Science Analytics
 

Recently uploaded

Investigate & Recover / StarCompliance.io / Crypto_Crimes
Investigate & Recover / StarCompliance.io / Crypto_CrimesInvestigate & Recover / StarCompliance.io / Crypto_Crimes
Investigate & Recover / StarCompliance.io / Crypto_Crimes
StarCompliance.io
 
Empowering Data Analytics Ecosystem.pptx
Empowering Data Analytics Ecosystem.pptxEmpowering Data Analytics Ecosystem.pptx
Empowering Data Analytics Ecosystem.pptx
benishzehra469
 
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
vcaxypu
 
一比一原版(BU毕业证)波士顿大学毕业证成绩单
一比一原版(BU毕业证)波士顿大学毕业证成绩单一比一原版(BU毕业证)波士顿大学毕业证成绩单
一比一原版(BU毕业证)波士顿大学毕业证成绩单
ewymefz
 
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
ewymefz
 
standardisation of garbhpala offhgfffghh
standardisation of garbhpala offhgfffghhstandardisation of garbhpala offhgfffghh
standardisation of garbhpala offhgfffghh
ArpitMalhotra16
 
Opendatabay - Open Data Marketplace.pptx
Opendatabay - Open Data Marketplace.pptxOpendatabay - Open Data Marketplace.pptx
Opendatabay - Open Data Marketplace.pptx
Opendatabay
 
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
yhkoc
 
一比一原版(QU毕业证)皇后大学毕业证成绩单
一比一原版(QU毕业证)皇后大学毕业证成绩单一比一原版(QU毕业证)皇后大学毕业证成绩单
一比一原版(QU毕业证)皇后大学毕业证成绩单
enxupq
 
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
ewymefz
 

Recently uploaded (20)

2024-05-14 - Tableau User Group - TC24 Hot Topics - Tableau Pulse and Einstei...
2024-05-14 - Tableau User Group - TC24 Hot Topics - Tableau Pulse and Einstei...2024-05-14 - Tableau User Group - TC24 Hot Topics - Tableau Pulse and Einstei...
2024-05-14 - Tableau User Group - TC24 Hot Topics - Tableau Pulse and Einstei...
 
社内勉強会資料_LLM Agents                              .
社内勉強会資料_LLM Agents                              .社内勉強会資料_LLM Agents                              .
社内勉強会資料_LLM Agents                              .
 
Webinar One View, Multiple Systems No-Code Integration of Salesforce and ERPs
Webinar One View, Multiple Systems No-Code Integration of Salesforce and ERPsWebinar One View, Multiple Systems No-Code Integration of Salesforce and ERPs
Webinar One View, Multiple Systems No-Code Integration of Salesforce and ERPs
 
Criminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdfCriminal IP - Threat Hunting Webinar.pdf
Criminal IP - Threat Hunting Webinar.pdf
 
Investigate & Recover / StarCompliance.io / Crypto_Crimes
Investigate & Recover / StarCompliance.io / Crypto_CrimesInvestigate & Recover / StarCompliance.io / Crypto_Crimes
Investigate & Recover / StarCompliance.io / Crypto_Crimes
 
Empowering Data Analytics Ecosystem.pptx
Empowering Data Analytics Ecosystem.pptxEmpowering Data Analytics Ecosystem.pptx
Empowering Data Analytics Ecosystem.pptx
 
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
一比一原版(RUG毕业证)格罗宁根大学毕业证成绩单
 
一比一原版(BU毕业证)波士顿大学毕业证成绩单
一比一原版(BU毕业证)波士顿大学毕业证成绩单一比一原版(BU毕业证)波士顿大学毕业证成绩单
一比一原版(BU毕业证)波士顿大学毕业证成绩单
 
Jpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization SampleJpolillo Amazon PPC - Bid Optimization Sample
Jpolillo Amazon PPC - Bid Optimization Sample
 
How can I successfully sell my pi coins in Philippines?
How can I successfully sell my pi coins in Philippines?How can I successfully sell my pi coins in Philippines?
How can I successfully sell my pi coins in Philippines?
 
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
一比一原版(UofM毕业证)明尼苏达大学毕业证成绩单
 
standardisation of garbhpala offhgfffghh
standardisation of garbhpala offhgfffghhstandardisation of garbhpala offhgfffghh
standardisation of garbhpala offhgfffghh
 
Opendatabay - Open Data Marketplace.pptx
Opendatabay - Open Data Marketplace.pptxOpendatabay - Open Data Marketplace.pptx
Opendatabay - Open Data Marketplace.pptx
 
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
一比一原版(CU毕业证)卡尔顿大学毕业证成绩单
 
Using PDB Relocation to Move a Single PDB to Another Existing CDB
Using PDB Relocation to Move a Single PDB to Another Existing CDBUsing PDB Relocation to Move a Single PDB to Another Existing CDB
Using PDB Relocation to Move a Single PDB to Another Existing CDB
 
Business update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMIBusiness update Q1 2024 Lar España Real Estate SOCIMI
Business update Q1 2024 Lar España Real Estate SOCIMI
 
一比一原版(QU毕业证)皇后大学毕业证成绩单
一比一原版(QU毕业证)皇后大学毕业证成绩单一比一原版(QU毕业证)皇后大学毕业证成绩单
一比一原版(QU毕业证)皇后大学毕业证成绩单
 
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
一比一原版(UMich毕业证)密歇根大学|安娜堡分校毕业证成绩单
 
tapal brand analysis PPT slide for comptetive data
tapal brand analysis PPT slide for comptetive datatapal brand analysis PPT slide for comptetive data
tapal brand analysis PPT slide for comptetive data
 
Tabula.io Cheatsheet: automate your data workflows
Tabula.io Cheatsheet: automate your data workflowsTabula.io Cheatsheet: automate your data workflows
Tabula.io Cheatsheet: automate your data workflows
 

Content analytics

  • 1. Content Analytics Insights from Unstructured Data Mayank Tyagi April 09, 2015
  • 2. CONTENT ANALYTICS UNLOCKS BUSINESS VALUE FROM UNSTRUCTURED CONTENT DELIVERING ANSWERS TO IMPORTANT QUESTIONS VIA SEMANTIC TECHNOLOGIES
  • 3. Business Need A large percentage (estimated at 80% or more) of the information in a company is maintained as unstructured content, which includes valuable assets such as emails, customer correspondence, free-form fields on applications, wikis, blobs of text in a database, content in enterprise content repositories, social media posts, and messages of all kinds. Because this content lacks structure, it is difficult to search and analyze it without extensive effort and automation
  • 4. Structured vs Unstructured Data Column Value Patient Joe Brown Date of Birth 02/13/1972 Date Admitted 02/05/2014 Structured Data High Degree of organization, such as a relational database Unstructured Data Information that is difficult to organize using traditional mechanisms “The patient came in complaining of chest pain, shortness of breath, and lingering headaches…smokes 2 packs a day… family history of heart disease…has been experiencing similar symptoms for the past 12 hours….”
  • 5. Big Content • Beyond conventional Big Data, there exists a tsunami of information in the big data universe that has largely remained untapped • Big Data has morphed into a world of unstructured machine-generated data and human-generated content that is referred to as ‘Big Content.’ for example, chat logs, emails, documents, sales and service notes, CRM case notes, support tickets, weblogs, social media feeds, and more Content Analytics  Content analytics is the act of applying business intelligence and business analytics practices to this Big Content  Companies use content analytics software to provide visibility into the amount of content that is being created, the nature of that content and how it is used. This contextual value-adding information has remained under-used due to lack of recognition and inadequate technologies Big Content
  • 6. Content Analytics approach leverages multiple algorithms to draw patterns and identify insights from unstructured data Content analytics solution processes textual data in ways that help to search, discover, and perform the same analytics on textual data that is currently performed on structured data in a business intelligence style of application. With Content Analytics Solutions, unstructured data can be used in ways that were only previously attainable from structured data sets Analyze unstructured content1 Content Analytics delivers new business understanding and visibility from the content and context of textual information. For example, it can identify patterns, view trends and deviations over time, and reveal unusual correlations or anomalies. It can explain why events are occurring and find new opportunities by aggregating the voices of customers, suppliers, and the market. Better business understanding & visibility2 Tool for reporting statistics and deriving actionable insights. With Content Analytics, solutions, we can define many facets (or aspects) of your data, with each facet potentially leading to valuable insights for various users. Content Analytics brings the power of business intelligence to the entire enterprise information, not just structured information(which is less than 20% of the entire enterprise repository) 3 Content Analytics Solutions
  • 7. Text Analytics or Natural Language Processing were a set of linguistic, statistical, and machine learning techniques that allow text to be analysed and key information extraction for business Integration. However, it gave only answer to who, what, where and when of a subject? The why was left to subjective assessment only Traditional Approach – Text Analytics Evolution of Content Analytics Contemporary Solution – Content Analytics • Content Analytics (Text Analytics + Mining) refers to the text analytics process plus the ability to visually identify and explore trends, patterns, and statistically relevant facts found in various types of content spread across internal and external content sources. • Content analytics distinctively adds the why and the how and provides a comprehensive understanding of the world around the subject
  • 8. Identify meaning, trends, patterns, preferences, tastes, from text for better business decision making Understand the customers on a granular level primarily due to to semantic and sentiment analysis Extract more value from your social media community by build a richer profile of each person on customer database Quickly identify trends amongst the customer base by filtering and giving structure to the data Reuse and curate content by analysing and curating content from partner organisations and external sources that are pertinent to the target market Customer-centric marketing: As content analytics can determine the interests of individual customers & prospects, so, for each person the content that is most relevant to them can be customized and personalised propositions can be delivered Content Analytics complements business intelligence to provide a more detailed and accurate understanding of market and customer needs € Content Analytics 1 2 3 4 5 6 Key Benefits of Content Analytics
  • 9. • 90% of the world’s data was created in the last two years • 5 million trade events per second Key Challenges of Content Analytics Beyond Volume, Variety and Velocity is the Issue of Big Data Veracity Velocity Challenges of Content Analytics • 1 Trillion connected devices generate 2.5 quintillion bytes data / day • 12 terabytes of Tweets created daily Volume • With big data there is a tendency for errors to snowball e.g. user entry errors, redundancy and corruption all provide uncertainty & ambiguity to quality of data Veracity • Structured, unstructured, multimedia, text; varied content creation • 80% of the world’s data today is unstructured 1 3 2 Variety4
  • 10. Content Analytics is used in many verticals and for various applications solving varied business needs Note: *This is just a representative list to showcase the capabilities of content analytics and not exhaustive Usage of Content Analytics Solutions* Examples of Business Problems that can be addressed  Market intelligence  Case management  Compliance  Risk scoring “What features of our Banking Services are most liked/hated by our customers?” Financial Services  Scientific discovery  Bio-surveillance  Clinical trials Healthcare and Life Sciences  Digital asset management  Content mining  Contextual advertising “What caused this recent drop in sales for Product X?” Media and Advertising Industry Solutions  Security  Intelligence  Digital library services  E-learning Education and Govt. “Give me a media profile of Mr. X including Trends, Quotes, Roles, Contacts etc. “ “Which regulatory causes and sentences from Past have hindered the objective of universal education?”
  • 11. Content Analytics Solutions - Industry Overview
  • 12. Industry Overview › Content Analytics solutions are usually evolutionary products of Enterprise Content Management Solutions providers. These solutions enable the management of business information throughout the content lifecycle, from creation to disposition. As a technical architecture, ECM consists of a platform or a set of applications that interoperate but that can be sold and used separately. › Content Analytics and ECM market will grow from $5.1 billion in 2013 to over $9.3 billion in 2017, at a CAGR of 16% over the period. › › Leading providers of content analytics solutions are IBM, Open text, EMC, Perceptive Software, Hyland, Microsoft and Oracle. Several other new entrants such as Xerox, Alresco and Newgen Software have also developed solutions which are rated highly by industry experts and labeled as visionaries by IT research firms such as Gartner.
  • 13. • Content Analytics market includes key players that provide purpose-built and job- aligned offerings, including case management, composite content applications and customer communications management. Key assessment of leading players in the Content Analytics market are detailed below. Key Players Strengths Wide variety of content management and related capabilities, from content ingestion to archiving Deep analytics and business intelligence tools Weaknesses IBM's greatest strengths also poses its greatest challenge: Breadth of its products may make it hard for customers to understand where to start or how to extend their current offerings Strengths • Open Text's relationship with SAP provides a firm foundation for expansion and has enabled it to command a strong position in markets where SAP is strong. Weaknesses • Complicated architecture • High Pricing • Poor after-sales support Strengths  Extensive content management stack that includes most ECM elements  Customized industry solutions, specifically for the healthcare, life sciences, energy and engineering sectors Weaknesses • Only a limited and tactical solution in applicability Strengths • Strong product and solution capabilities • Deep focus on vertical markets, specialized solutions for healthcare and higher education sectors Weaknesses • Increasing fragmentation of its product architecture and a lack of clarity about its road map • Lack of interoperability IBM Open Text EMC Perceptive Software Strengths  Long and extensive experience in developing content-enabled applications  Solution capability for Mobile and Cloud deployment Weaknesses • Limited global footprint with 85% of sales coming from NA • Limited capabilities to manage sophisticated digital asset management requirements Hyland
  • 14. Trends  Increased focus on social media text analytics as it is creating huge amount of unstructured data.  Large scale changes in system architecture as new data-centric model and solutions will emerge. Large data will live in persistent memory and many CPUs/clients will use shallow hierarchy  Significant benefits from Content Analytics are likely to continue for at least 5-10 years more before it reaches the “Plateau of Productivity” Future outlook for growth in the Content Analytics space will continue to remain bright as businesses continue to search for these solutions to enhance their operational efficiency and better understanding of their current and prospective customers Implications Major Trends in Content Analytics
  • 17. 17 Analyzing Unstructured Content – Text Analytics Answering complex natural language questions requires more than keyword evidence This evidence suggests “Gary” is the answer BUT the system must learn that keyword matching may be weak relative to other types of evidence
  • 18. 18 Analyzing Unstructured Content – Content Analytics CA approach leverages multiple algorithms to draw patterns and identify insights Stronger evidence can be much harder to find and score … … and the evidence is still not 100% certain Search far and wide Explore many hypotheses Find judge evidence Many inference algorithms