Cookies help us display personalized product recommendations and ensure you have great shopping experience.

By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
SmartData CollectiveSmartData Collective
  • Analytics
    AnalyticsShow More
    How Data Analytics Is Reshaping Patient Financing Decisions
    How Data Analytics Is Reshaping Patient Financing Decisions
    13 Min Read
    business using business intelligence
    How to Use a Competitive Intelligence Dashboard to Turn Market Data Into Smarter Marketing Decisions 
    9 Min Read
    unusual trading activity
    Signal Or Noise? A Decision Tree For Evaluating Unusual Trading Activity
    3 Min Read
    software developer using ai
    How Data Analytics Helps Developers Deliver Better Tech Services
    8 Min Read
    ai for stock trading
    Can Data Analytics Help Investors Outperform Warren Buffett
    9 Min Read
  • Big Data
  • BI
  • Exclusive
  • IT
  • Marketing
  • Software
Search
© 2008-25 SmartData Collective. All Rights Reserved.
Reading: New Insights from Text Analytics
Share
Notification
Font ResizerAa
SmartData CollectiveSmartData Collective
Font ResizerAa
Search
  • About
  • Help
  • Privacy
Follow US
© 2008-23 SmartData Collective. All Rights Reserved.
SmartData Collective > Analytics > Sentiment Analytics > New Insights from Text Analytics
Sentiment AnalyticsText Analytics

New Insights from Text Analytics

ThemosKalafatis
ThemosKalafatis
4 Min Read
SHARE
Text Analytics has gained the attention it deserves in the past few years. Sentiment Analysis is perhaps the most frequently discussed type of analysis but there will be always new ways to analyze and gain insights from text data.  
Examples of new types of analysis – and they have a vast potential – are in my opinion two:  Sequence Detection and Concept Mining.
Text Analytics has gained the attention it deserves in the past few years. Sentiment Analysis is perhaps the most frequently discussed type of analysis but there will be always new ways to analyze and gain insights from text data.  
Examples of new types of analysis – and they have a vast potential – are in my opinion two:  Sequence Detection and Concept Mining. I am not aware whether these types of analysis are currently being implemented by any Text Mining practitioner at the moment and if there is one, feel free to add your comments below.
So what is Sequence Detection and Concept Mining ? Some examples :
Suppose that you receive several similar e-mails sent from customers as the one seen below :
“I have been trying repeatedly to solve my billing problem through customer care. I first talked with someone called  Mrs Jane Doe. She said she should transfer my call to another representative from the sales department. Yet another rep from the sales department informed me that i should be talking with the Billing department instead. Unfortunately my bad experience of being transferred through various representatives was not over because the Billing department informed me that i should speak to the……“
Currently Text Analytics software will identify key elements of the above text but a very important piece of information goes unnoticed. It is the sequence of events which takes place :

 (Jane Doe => Sales Dept =>Billing  Dept =>…)

Being able to detect the sequence of events is an important element in understanding customer interaction. In our example above, imagine the possibility of detecting similar sequences through thousands of e-mails or call center transcripts and running a sentiment analysis, a process which then could correlate sentiment with specific event sequences.

Next,  is the usage of Concept Mining (this is just a phrase i coined for this post) : Being able to analyze information to different conceptual levels. A very powerful technique indeed and let’s see why this is so.

People that have attended the 7th annual Text Analytics Summit in Boston had the opportunity to listen to several presentations regarding Semantics. The discussions between experts from the Semantics Panel and the attendees revealed that people could not find Semantics practical for several reasons. Yet, in Semantics lies the power of being able to find patterns on different conceptual levels.

As a -very basic- example, if we use Information Extraction to annotate -say- the Tweets containing mentions of American Telcos we can tag each one as a more general category called TELCOS. We can also tag individual prepaid packages as a more general category called PREPAID_PACKAGES. By doing that we can then search for patterns in a more general conceptual level than searching for patterns only at a Telco Brand level or a specific Telco’s prepaid package. As an example we can run  a sentiment analysis on all prepaid packages mentions,  identify patterns of negative or positive sentiment and see which Telco is the winner of positive sentiment at a conceptual level.

The possibilities are endless.

Share This Article
Facebook Pinterest LinkedIn
Share

Follow us on Facebook

Latest News

How Data Analytics Is Reshaping Patient Financing Decisions
How Data Analytics Is Reshaping Patient Financing Decisions
Analytics Big Data Exclusive
AI driven big data company
How AI-Driven Workflows Are Changing the Way Companies Think About Data Risk
Artificial Intelligence Data Management Exclusive Risk Management
ai product development
Why Businesses Outsource AI Product Development Companies
Exclusive News
banking tools
The Fintech and Banking Tools Global Entrepreneurs Rely On
Fintech Infographic

Stay Connected

1.2KFollowersLike
33.7KFollowersFollow
222FollowersPin

You Might also Like

Notes from Tableau Roadshow: Every Picture Tells a (Data) Story

5 Min Read
Image
Text Analytics

The Impact of Big Data on Linguistics

5 Min Read
Image
AnalyticsData MiningExclusiveHadoopPredictive AnalyticsStatisticsText AnalyticsUnstructured Data

Big Data and Your Body

5 Min Read

Automating Your Text Analytics Process

2 Min Read

SmartData Collective is one of the largest & trusted community covering technical content about Big Data, BI, Cloud, Analytics, Artificial Intelligence, IoT & more.

AI chatbots
AI Chatbots Can Help Retailers Convert Live Broadcast Viewers into Sales!
Chatbots
AI and chatbots
Chatbots and SEO: How Can Chatbots Improve Your SEO Ranking?
Artificial Intelligence Chatbots Exclusive

Quick Link

  • About
  • Contact
  • Privacy
Follow US
© 2008-25 SmartData Collective. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?