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mining SPSS Inc. Integrates Text Mining into its Data Mining Workbench
First Leading Data Mining Technology to Integrate Text Mining
Source: www.spss.com
Copyright SPSS, Inc. 2004
CHICAGO, Only two months after its acquisition of text mining developer LexiQuest,
Inc., SPSS Inc. (Nasdaq: SPSS) has integrated LexiQuests text mining software,
LexiQuest Mine, with its data mining workbench, Clementine®.
LexiQuest Mine is a linguistics-based text mining application that automatically enables
users to quickly identify key concepts, and the relationships between them, when working
with thousands of read or unread documents. Clementine discovers the patterns and
relationships in structured data and turns the data into business intelligence. With the
integration of these two technologies, customers can easily access LexiQuest Mine from the
Clementine user interface and incorporate the text data into the regular flow of the data
mining process.
Eighty percent of data is locked in unstructured text sources, such as documents and
e-mails. The integration of LexiQuest Mine with Clementine enables our customers to mine
this unstructured data along with structured data, such as variables in a database. This
capability gives customers a more complete, accurate picture on which to base
decisions, says Peter Caron, SPSS Inc. senior marketing manager. The ability
to mine text and structured data at the same time gives our customers higher performing
models, enabling them to make better predictions, profiles or associations.
An example of text mining and data mining working in tandem would be a telecommunications
companys customer defection problem. Customer, demographic, usage and other
structured data are used by data mining tools to predict a customers propensity to
leave; but often the reasons for the defections are verbalized to customer call centers or
in survey responses. Text mining would be used to analyze the customers verbal
responses by finding the key concepts -- poor service, too expensive, not enough coverage
and then structuring the concepts as additional fields that can be added to the
analysis. Data mining can then be used to cluster, classify, segment, profile and score
using this new information.
With SPSS Inc.s Clementine weve been very successful in using data mining to
analyze patterns in crime, says Inspector Rick Adderley of the United Kingdoms
West Midlands Police Department. Until now weve been limited to using
numeric data, but much of the information held by police forces is in the form of
unstructured text reports. Being able to mine this text will open up new possibilities for
us and significantly expand our capabilities for crime pattern analysis, so were
very excited to see this technology being added to SPSS Inc.s data mining
platform.
The fact is that organizations are overwhelmed with information and dont have
the time to sort through it all to find the value and meaning, says Caron.
Text and data mining saves them time and money by finding the information and
associations that they would not have otherwise found.
For more information about the LexiQuest Mine and Clementine integration, visit www.spss.com/spssbi/lexiclem/
About the SPSS Business Intelligence division
The SPSS Business Intelligence division helps people solve business problems using
statistics and data mining. This predictive technology enables our customers in the
commercial, higher education and public sectors to make better decisions and improve
results. The SPSS Business Intelligence division software and services are used
successfully in a wide range of applications, including customer attraction and retention,
cross-selling, survey research, fraud detection, enrollment management, Web site
performance, forecasting and scientific research. The SPSS Business Intelligence
divisions market-leading products include SPSS®, Clementine®, AnswerTree®,
DecisionTime® and SigmaPlot®. For more information, visit our Web site at www.spssbi.com.
About SPSS Inc.
SPSS Inc. (Nasdaq: SPSS) headquartered in Chicago, IL, USA, is a multinational computer
software company providing technology that transforms data into insight through the use of
predictive analytics and other data mining techniques. The companys solutions and
products enable organizations to manage the future by learning from the past,
understanding the present, as well as predicting potential problems and opportunities. For
more information, visit www.spss.com.
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