Tom H. C. Anderson Explains: “What Is Text Analytics?”

Tom H. C. Anderson explains Text Analytics and the difference between First Generation approaches and Next Generation software

text-analytics

By Tom H. C. Anderson

While text analytics has been around for quite some time and has reached mainstream to the point of becoming a buzz word, few really know what it is. It’s not a word cloud. It is not a qualitative tool. IT IS data mining.

We’ve long felt the need to clear the confusion around text analytics in our industry. Surprisingly there aren’t really any good videos on the subject. Until now. Here is our video explaining text analytics, using our own OdinText software as a point of comparison. That may seem a bit self serving, but we think there needs to be a baseline for reference and what better point to use than the software we have spent years building based on our market knowledge? I trust you’ll forgive the promotional aspects and just enjoy the learning we have tried to distill.

In making a video to explain what text analytics is, we first had to decide who our audience was. So many business videos these days are trying to reach such a broad audience that they become totally void of any real information. On the other hand, we didn’t want to make a geeky video just for ‘data scientists’ either.

We hope that the middle ground we chose to communicate to here, basically our core customer base (the consumer insights analyst/manager/research director), will provide the right level of detail within a reasonable amount of time, about 4 minutes (down from our original 7 minute version).

Thank you in advance for watching and sharing our video. Should you want to discuss text analytics in greater detail, please don’t hesitate to reach out.

data mininginnovationtext analytics

Comments

Comments are moderated to ensure respect towards the author and to prevent spam or self-promotion. Your comment may be edited, rejected, or approved based on these criteria. By commenting, you accept these terms and take responsibility for your contributions.

Tom H.C.

Tom H.C.

10 articles

author bio

Disclaimer

The views, opinions, data, and methodologies expressed above are those of the contributor(s) and do not necessarily reflect or represent the official policies, positions, or beliefs of Greenbook.

More from Tom H.C.

Five Ways Your CX Team Can Build Customer Trust
Customer Experience (CX)

Five Ways Your CX Team Can Build Customer Trust

5 ways to build Customer Trust during the current crisis.

The State of Marketing Research Innovation
CEO Series

The State of Marketing Research Innovation

Commending the transformation of insights technologies and methods

Jiffy Lube: Identifying Key Revenue Drivers in Customer Comment Data
Customer Experience (CX)

Jiffy Lube: Identifying Key Revenue Drivers in Customer Comment Data

In-depth consumer understanding through text analytics.

What’s Really Wrong With Polling?
Insights Industry News

What’s Really Wrong With Polling?

Whatever your politics, we think you’ll agree that Tuesday’s election results were stunning. What can we learn from that?

Right-Size Your Restech
Research Technology (ResTech)

Right-Size Your Restech

Restech can save time and money, but underuse leads to wasted value. Learn simple steps to maximize your tech investment and boost renewal success.

Z Johnson

Z Johnson

Consultant at MRXplorer

Capitalize on Market Research's Tech-Forward Future
Research Technology (ResTech)

Capitalize on Market Research's Tech-Forward Future

Discover the latest innovations and technologies in the restech space amidst industry-wide slowdowns with our market research website.

John Bird

John Bird

Executive Vice President at Infotools

The Evolution of B2C Consumer Segmentation in the Digital Age
Research Technology (ResTech)

The Evolution of B2C Consumer Segmentation in the Digital Age

Consumer segmentation has evolved from traditional demographic methods to more advanced techniques in the digital age, driven by vast data availabilit...

EL

Ed Lorenzini

CEO at Analyze Corporation

Embracing the Future of Market Research without Losing Sight of the Fundamentals
Research Technology (ResTech)

Embracing the Future of Market Research without Losing Sight of the Fundamentals

Are you sick of hearing about ChatGPT and generative AI yet? The truth is technology like this is going to keep advancing at record speed, and every i...

Michael Howard

Michael Howard

Head of Marketing at Infotools

Sign Up for
Updates

Get content that matters, written by top insights industry experts, delivered right to your inbox.

67k+ subscribers