NLP and Smart Software: Everyone Becomes a Big Data Expert

December 28, 2015

A new company seeks to make everyone a big data expert. You can get the full scoop in “Detecting Consumer Decisions within Messy Data: Software Analyzes Online Chatter to Predict Health Care Consumers’ Behavior.” The company with the natural language technology and proprietary smart software is dMetrics.

Here’s the premise:

DecisionEngine, Nemirovsky [dMetrics wizard] says, better derives meaning from text because the software — which now consists of around 2 million lines of code — is consistently trained to recognize various words and synonyms, and to interpret syntax and semantics. “Online text is incredibly tough to analyze properly,” he says. “There’s slang, misspellings, run-on sentences, and crazy punctuation. Discussion is messy.”

Now, how does the system work?

Visualize the software as a three-tiered funnel, Nemirovsky suggests, with more refined analysis happening as the funnel gets narrower. At the top of the funnel, the software mines all mentions of a particular word or phrase associated with a certain health care product, while filtering out “noise” such as fake websites and users, or spam. The next level down involves separating out commenters’ personal experiences over, say, marketing materials and news. The bottom level determines people’s decisions and responses, such as starting to use a product — or even considering doing so, experiencing fear or confusion, or switching to a different medication.

The company wants to expand beyond health care. Worth monitoring.

Stephen E Arnold, December 28, 2015

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