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Seth Grimes

Welcome to my BeyeNETWORK Blog, which will focus on text analytics and other matters related to making sense of unstructured information sources in support of better enterprise decision making.

About the author >

Seth is a business intelligence and decision systems expert. He is founding chair of the Text Analytics Summit and principal consultant at Washington, D.C., based Alta Plana Corporation. Seth consults, writes, and speaks on information-systems strategy, data management and analysis systems, IT industry trends, and emerging analytical technologies. Seth chairs the Sentiment Analysis Symposium and the Text Analytics Summit.

Editor’s Note: More articles and resources are available in Seth's BeyeNETWORK Expert Channel. Be sure to visit today!

I'll quickly hit several text-analytics topics in this blog article: a Summit, a Survey, Interest Indicators, and Market Growth.

Market Growth Keeps Pace

In my article, Market Outlook for Text Analytics, I foresaw sustained text-analytics market growth of 25% in 2009. I'm pleased that earnings announcements made since the date I submitted my article, April 6, affirm that prediction. Notably, text-analytics giant (albeit under the guise of an enterprise search platform and applications vendor) Autonomy announced "record revenues, up 23% from Q1 2008 including strong organic growth." (Revenue due to Autonomy's Interwoven acquisition, which closed March 17, would have had only a relatively minor role in this growth.) And TEMIS 2009 Q1 "revenue reflects an overall growth of over 30% compared to last year." This is great news despite a global economic downturn!

Text Analytics Survey

It's important also to look at the demand side, at customer and prospect perspectives.

Please respond to a survey I'm conducting. I'd like to know how your organization is dealing with "unstructured" information and the role text mining/analytics plays or might play. I'll write up survey findings in a free report, available in early June. The survey will take you 5-10 minutes. Please help.

Text Analytics Summit

Next, I want to make sure you're aware of this year's Text Analytics Summit, slated for June 1-2 in Boston. You can get $100 off your registration with the link I've provided if you enter my name in the promotional offer box. (Note that I do not have a financial interest in registrations or the summit.) Also, this year I'll again be leading a workshop, "Text Analytics for Dummies," the afternoon of May 31.

Interest Indicators

Interest in text analysis is growing! I've been interviewed recently by several outlets as a leading consultant and analyst:


Lastly, as always, if you have questions or concerns related to text analytics, please do get in touch!


Posted April 28, 2009 10:16 AM
Permalink | 1 Comment |

1 Comment

The summit sounds really interesting. Do you have any topics outlined already?

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