Rapid-I now releases the first open source solution for business analytics. The process-oriented approach of RapidMiner and RapidAnalytics allows the direct and even real-time integration into business processes.
For more visit:
http://rapid-i.com/content/view/267/1/
Are you a stat’s fan?, then pick up your copy of SAS for free starting this fall at your university!
On-Demand for Academics is an online program for teaching and learning data management and analytics. It allows professors and students to use several applications, including SAS Enterprise Guide and SAS Enterprise Miner for free. More applications may be added in the near future. Is SAS Institue following in the foot steps of software giants?, its something which we should wait and watch!
Recently, we did read about large corporations using data mining especially partnering with social networking sites to improve there product offering. Yes, social data is now a valuable commodity. Facebook, Twitter and other online forums, provides a rich source of user sentiment, which is of immense value. Today companies are building tools which would help make sense of the data. Once such tool in focus is SAS Social Media Analytics by SAS Institute.
SAS Institute, the leader in advanced business intelligence and data analytics software, thinks it can do better. It is introducing a software service on Monday called SAS Social Media Analytics that analysts say seems to represent a step ahead in social media analysis tools.
[Read more New York Times]
Text mining tools can summarize and look for patterns within large electronic documents. Such tools are still expensive and difficult to use on large scale. But a group of researchers, including one’s at the University of Alberta, are hoping to change that.
A University of Alberta professor is helping to create text analysis tools to deeply examine historical trial accounts from the U.K.’s famous Old Bailey criminal court. While the research project is important to academia, the Edmonton-based researcher said that improving the quality of text mining tools could have benefits for businesses as well.
While academia are developing tools like TAPoR, a textual analysis tool that can summarize a body of text, find collocates, identify important dates, and discover the co-occurrences of two target words, the same could be applied to business records as well. Some of the tools in TAPoR use forms of visualization to help researchers grasp the data even clearer.
DataMiningTools Blog
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