Text Analytics enters the IT mainstream.

April 10, 2008 - PRLog -- An exclusive whitepaper on Text Analytics compiled by leading consultant Seth Grimes, President, Alta Plana explores the transition of Text Analytics technologies as they enter the IT mainstream, having evolved from research tools into business solutions.  The whitepaper gives insight into the new emerging applications for Text Analytics technologies in fields as diverse as social media anlysis for market intelligence, and electronic legal disocvery.

“In the last year, the center of attention has continued to shift in the direction of business applications such as CRM, media and publishing, competitive intelligence, and financial analysis” states Grimes in his introduction to the whitepaper, and continues “Text technologies are allowing marketers to hear the Voice of the Customer by enabling analyses of social media and contact-center interactions; they are helping revolutionize approaches to long-established practices in the legal world.”

“The market boasts a diversity of text-analytics products that accommodate a spectrum of application types and business domains” says Grimes, who will be chairing the 4th annual Text Analytics Summit on June 16 17 in Boston, MA. Grimes then goes on to highlight the market outlook and spectacular growth of the Text Analytics space is experiencing by offering a series of vital statistics,   “$2 billion valuation of worldwide text-analytics research, software, services, and applications.”

The full whitepaper is available at no cost through the summit website now www.textanalyticsnews.com or contact Joshua Bull on +44 (0)20 7375 7227.

Website: www.textanalyticsnews.com/4thannual08/