JUN 29, 2012 8:51am ET

Related Links

Internet of Things: Changing the Insurance Value Chain
April 23, 2014
Gartner: Optimize to Reduce App Dev and Maintenance Costs
April 23, 2014
A User-Centric Approach to Insurance Analytics Solution Design
April 22, 2014

Web Seminars

April 29: Create a data protection strategy with open, software-defined storage
April 29, 2014
New Best Practices To Manage Customer Information
May 7, 2014
May 13: Cost-effective, scale-out backup in 1 solution
May 13, 2014
feature

How to Mine Unstructured Data

Print
Reprints
Email

Develop/acquire algorithms. There are several kinds of approaches to process unstructured data. Companies can use heuristics, as well as machine learning techniques, to process data. For text mining, natural language processing, combined with neural networks, allows companies to capture the sentiment of social media feeds. Support vector machines allow classification of graphics that enable companies to identify whether visitors are customers or store associates. Techniques, like Bayesian Networks, can help discover patterns across multiple dimensions, allowing organizations to learn by mining existing data. There are several algorithms that are freely available through open source communities. However, it is important to note that you will almost never get it right the first time. Companies should also invest in good visualization techniques. Given the volume of data, visualization is a key factor in ensuring  better consumption of insight from the data; often, visualization becomes as important as the analysis.

Get access to this article and thousands more...

All Information Management articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to:

  • Full access to information-management.com including all searchable archived content
  • Exclusive E-Newsletters delivering the latest headlines to your inbox
  • Access to White Papers, Web Seminars, and Blog Discussions
  • Discounts to upcoming conferences & events
  • Uninterrupted access to all sponsored content, and MORE!

Already Registered?

Advertisement

Are you actively evaluating master data management technologies and their ability to scale and support emerging trends around big data, social and mobile?

Yes 61%
No 23%
Don't Know 9%
Not Applicable 6%

 

Twitter
Facebook
LinkedIn
Login  |  My Account  |  White Papers  |  Web Seminars  |  Events |  Newsletters |  eBooks
FOLLOW US
Please note you must now log in with your email address and password.