Business Intelligence and Text Analytics

With this kind of news becoming more frequent, it’s safe to say that named entity recognition technologies are playing an increasingly significant role in business intelligence (BI) and enterprise search (ES):

“The marriage of business intelligence and text analytics is starting to have a profound impact on companies in several industries, including health care, insurance and finance, which are just waking up to the benefits of tying structured BI data to unstructured text.” – Computerworld

Biggle (when BI meets Google) means “beyond returning information to users, some new search technologies act as ETL [extract, transform and load] for unstructured content.” – SearchDataManagement.com

Examples of this trend are also shown with BI and ES companies’ recent acquisition of text analytics providers:

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