October 23, 2012
We just learned that Digital Reasoning’s Synthesys® system now integrates with Opera Solutions’ Signal Hub™ Technology. For those struggling with big data challenges, the center stage role of Digital Reasoning brings new agility to organizations.
Digital Reasoning™, one of the leaders in unstructured data analytics at scale, revealed a partnership with Opera Solutions. The Opera Solutions’ firm is one of the leading global big data science companies. This integration will expand Opera Solutions’ Signal Hub technology to include unstructured text analytics from Digital Reasoning’s Synthesys, providing a comprehensive Big Data solution for innovative enterprises.
Rob Metcalf, President and COO for Digital Reasoning, told ArnoldIT:
We are excited to make this important announcement at the Strata Conference in the heart of New York’s Financial District. Opera Solutions’ predictive analytics capabilities are a perfect complement with Digital Reasoning’s Synthesys, and together we look forward to unlocking valuable insights for customers in the financial industry and beyond.
According to Opera Solutions, the Digital Reasoning Synthesys technology provides advanced methods of extracting critical insights from email, research, Web content, and other unstructured data sources.
Laks Srinivasan, General Manager, Global Markets for Opera Solutions, told me:
When combined with the machine-learning science in our Signal Hub technologies, we can deliver directed actions to frontline decision makers focused on managing financial risk.
ArnoldIT’s analysis of Signal Hub technologies revealed that the system can extract critical signals from flows of big data. Opera Solutions’ technology is deployed at major organizations spanning industries such as financial services, healthcare, retail, and transportation. These organizations rely on Signal Hubs to optimize their supply chain, gain unique marketing insights, and stay ahead of financial risk with knowledge from both internal systems and external, unstructured sources.
Readers of Beyond Search know that Synthesys was developed in close conjunction with critical Big Data analytics challenges over the past decade. In 2012, Digital Reasoning gained momentum in financial services, healthcare, and legal markets, where automated understanding of unstructured data is a necessity.
Synthesys is a platform for making sense of unstructured data. Modeled after the human understanding process, Synthesys reads, resolves and reasons across hundreds of millions of documents to automatically understand and isolate critical information such as risks, opportunities and anomalies. Having solved problems for US intelligence agencies for the past decade, Synthesys is now delivering Automated Understanding for big data challenges in finance, healthcare and legal markets. Digital Reasoning is based outside of Nashville, Tennessee, with offices in Washington, D.C., and New York. For more information, visit http://www.digitalreasoning.com/.
Stephen E Arnold, October 23, 2012
April 9, 2012
September 1, 2011
Will These Blockbusters Affect Business Intelligence?
The summer has been a hot one, not in terms of temperature, but when measured on the acquisition thermometer. First, Oracle the sprawling database and enterprise applications company bought InQuira. Then, Google took one third of its cash and the equivalent of two years’ profit and bought Motorola Mobility. And Hewlett Packard, one of the icon’s of the Silicon Valley way, spent $10 billion on its surprise purchase of Autonomy plc.
Business intelligence, intellectual property, and information management turned up the heat for investors and those tracking active market sectors. The market interest is high and many think these deals are likely to sustain their energy. But I don’t see it that way. I think the deals are more like dumping charcoal starter on charcoal briquettes: Very dramatic at ignition but certain to cool and fade into the fabric of day-to-day activity.
Starting a charcoal fire can produce some initial pyrotechnics. These fade quickly.
As the founder of Digital Reasoning, a company focused on delivering the next-generation solution-based on entity oriented analytics, I see these deals from the perspective of working with customers to solve big data analytics challenges. First, let me give you my view of information management and traditional business analytics and then outline where I think the technology and the market are going.
Business intelligence in general and analytics particular are now verbal noise. I know that most of the professionals with whom I speak interpret the phrase “business intelligence” in terms of their own experiences in getting information to make a decision. For some, business intelligence is a report and follow up telephone conversation with a human expert. Don’t get me wrong, consultants and advisors often do great work, but my point is that the phrase “business intelligence” is anchored in a method of information analysis rooted in human behavior unchanged since our ancestors sat around the camp fire roasting meat on sticks.,
The word analytics is equally difficult to explain. For many of our clients, analytics means SAS or SPSS (both the bread and butter of traditional statistics courses and business analysts from banking to warehouse management).