using text mining to enhance enterprise-wide business decisions

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Using Text Mining to Enhance Enterprise- Wide Business Decisions Online seminar presented by: David Purcell & Doug Bryan June 19, 2002

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Page 1: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Using Text Mining to Enhance Enterprise-Wide

Business Decisions

Online seminar presented by:

David Purcell & Doug Bryan

June 19, 2002

Page 2: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Business Intelligence…

• Get the Right Information• To the Right Person• At the Right Time• To Make the Right

…Business Decisions

Page 3: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Today’s Agenda

• What is Text Mining?

– Structured Text – vs. – Unstructured Text

– Linguistics and how it is used in Text Mining

– Applications of Text Mining

• How Text Mining is used through an email application to streamline a business process

• How Text Mining can be used to discover patterns and relationships in text to streamline a manufacturing business process

Page 4: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Text Mining……extracting business intelligence from unstructured text using linguistics and statistics enabling users to quickly identify key concepts, and the relationships between them, within thousands of documents

Page 5: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Concepts

Text

NLP*

The capability to understand human language is provided to computers through the power of linguistics - *Natural Language Processing

Text Mining & Linguistics

.doc

.pdf

.pst

.msg web

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Page 7: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Linguistic Example

Insect

Page 8: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Linguistic Example

software

Insect

medicine,molecular biology

automotive

Page 9: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Today's Agenda

What is Text Mining ?

Structured Text – vs. – Unstructured Text

Linguistics and how it is used in Text Mining

– Applications of Text Mining

• How Text Mining is used through an email application to streamline a business process

• How Text Mining can be used as an added benefit to traditional data mining to make better business decisions

Page 10: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Applications of Text Mining

Understanding customers better Competitive IntelligenceAutomated document management Customer complaint analysis Cross-sell/Up-sell Survey analysis Enhanced data mining Quality control Customer support Government intelligence

Research Product development Fraud analysis Public opinion Disease management Claims analysis Customer satisfaction Sales feedback analysis Email analysis for CRM Business performance monitoring

Page 11: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Information pipelines

sales

demo-graphics

surveys

Transactions

Page 12: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Information pipelines

sales

demo-graphics

surveys

email

call center

Transactions

Page 13: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Text Mining Email Example

Inbound Email Outbound Email

Page 14: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Taxonomy

Page 15: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Taxonomy

Page 16: Using Text Mining to Enhance Enterprise-Wide Business Decisions
Page 17: Using Text Mining to Enhance Enterprise-Wide Business Decisions
Page 18: Using Text Mining to Enhance Enterprise-Wide Business Decisions
Page 19: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Text

Mining

Page 20: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Text

Mining

Page 21: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Text

Mining

Page 22: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Text

Mining

Email Response

Page 23: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Today's Agenda

What is Text Mining ?

Structured Text – vs. – Unstructured Text

Linguistics and how it is used in Text Mining

Applications of Text Mining

How Text Mining is used through an email application to streamline a business process

• How Text Mining can be used to discover patterns and relationships in text to streamline a manufacturing business process

Page 24: Using Text Mining to Enhance Enterprise-Wide Business Decisions
Page 25: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Warranty reportsFirst name

Last name

Street

City

State ZipWAWA

Product BMX 330BMX 550RBX 12Sirax 220Street E3

BMX 330BMX 550RBX 12Sirax 220Street E3

RBX 12Replace Repair

Problem description:

Page 26: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Mining “problem description” fields

RBX 12 Mountain Bike

RBX 12 Mountain Bike

FX frameFX frame

chromoly buttingchromoly butting

head tubehead tube

spokesspokes

Fimano 33G derailleurFimano 33G derailleur

Page 27: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Mining “problem description” fields

RBX 12 Mountain Bike

RBX 12 Mountain Bike

FX frameFX frame

chromoly buttingchromoly butting

head tubehead tube

spokesspokes

Fimano 33G derailleurFimano 33G derailleur

33 74

Page 28: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Cost of a defect over time

time

cost

Page 29: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Cost of a defect over time

time

cost

Page 30: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Applications of Text Mining

Understanding customers better Competitive IntelligenceAutomated document management Customer complaint analysis Cross-sell/Up-sell Survey analysis Enhanced data mining Quality control Customer support Government intelligence

Research Product development Fraud analysis Public opinion Disease management Claims analysis Customer satisfaction Sales feedback analysis Email analysis for CRM Business performance monitoring

Page 31: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Business Intelligence…

• Get the Right Information• To the Right Person• At the Right Time• To Make the Right

…Business Decisions

Page 32: Using Text Mining to Enhance Enterprise-Wide Business Decisions

Conclusion and Q&A

Contact us or one of our other text mining experts by calling 800-543-5815.

David Purcell [email protected]

Doug Bryan [email protected]