September 18, 2007

Predictive analytics vendors’ text mining sophistication

Steve Gallant of KXEN contacted me over the summer to show me KXEN’s new text mining capability. It was pretty basic bag-of-words stuff, which is still a lot better than nothing, and actually fits pretty well with KXEN’s general simplicity-centric strategy.

This inspired me to check whether there had been any big changes in text mining capabilities at SAS or SPSS. It turned out there hadn’t. SAS is also still on the bag-of-words level. SPSS, however, does do sentiment analysis (pretty obvious, considering their focus on surveys and the like) and negation.

Thanks go out to Mary Crissey and Olivier Jouve for getting back to me when I asked, along with apologies for taking a while to post what they told me.

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