More Huge Notions for Natural Language Processing
December 4, 2015
You talk to your mobile phone, right? I assume you don’t try the chat with Siri- and Cortana- type services in noisy places, in front of folks you don’t trust, and when you are in a wind storm.
I know that the idea of typing questions with subjects, verbs, adjectives, and other parts of speech is an exciting one to some people. In reality, crafting sentences is not the ideal way to interact with some search systems. If you are looking for snaps of Miley Cyrus, you don’t want to write a sentence. Just enter the word “Miley” and the Alphabet Google thing does the rest. Easy.
I read about another search related research study in “Natural Language Processing NLP Market Dynamics, Forecast, Analysis and Supply Demand 2015-2025.” I find the decade long view evidence that Excel trend functions may have helped the analysts formulate their “future insights.”
The write up about the study identifies some of the companies engaged in NLP. Here’s a sample:
IBM Corporation,
3M Co.
Hewlett-Packard Co.
Apple Inc.
Oracle Corporation
Microsoft Corporation
Dolbey Systems Inc.
SAS Institute Inc.
Netbase Solutions Inc.
Verint Systems Inc.
What no Alphabet Google? Perhaps the full study includes this outfit.
A report by MarketsAndMarkets pegged NLP as reaching $13.4 billion by 2020. I assume that the size of the market in 2025 will be larger. Since I don’t have the market size data from Future Market Insights, we will just have to wait and see what happens.
In today’s business world, projections for a decade in the future strike me as somewhat far reaching and maybe a little silly.
Who crafted this report? According to the write up:
Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends.
I like the aerial view of the competitive framework thing. I wish I could do that type of work. I wonder how Verint perceives a 10 year projection when some of the firm’s intelligence works focuses on slightly shorter time horizons.
Stephen E Arnold, December 4, 2015
Comments
-
- Subscribe to Beyond Search
Feature archive
News archive
-
