Jun

Beware the lure of crowdsourced data

Crowdsourced data can often be inconsistent, messy or downright wrong 

We all like something for nothing, that’s why open source software is so popular. (It’s also why the Pirate  Bay exists). But sometimes things that seem too good to be true are just that. 

Repustate is in the text analytics game which means we needs lots and lots of data to model certain  characteristics of written text. We need common words, grammar constructs, human-annotated corpora  of text etc. to make our various language models work as quickly and as well as they do. 

We recently embarked on the next phase of our text analytics adventure: semantic analysis. Semantic  analysis the process of taking arbitrary text and assigning meaning to the individual, relevant components.  For example, being able to identify “apple” as a fruit in the sentence “I went apple picking yesterday” but to  identify “Apple’ the company when saying “I can’t wait for the new Apple product announcement” (note:  even though I used title case for the latter example, casing should not matter)

Interested in reading more? Check out our other blogs:

Easy Yet Untapped Revenue Channel for Hotels Worldwide

There are many travelers looking for hotels and places to stay on social web. Every day.

Take Twitter, for example:

 

Or this:



People are genuinely looking for help. Surprisingly though only few are getting it. According to nmodes data less than 12% of Twitter travel  requests are being answered. The rest - lost opportunities for hotels and businesses in the hospitality industry.  

 And how big is this opportunity anyway?

nmodes Twitter data shows that every 15 min somebody expresses intent of going to, or visiting New York. Most of these travelers need a place to stay there.

Every 33 min - intent of traveling to London.

Every 54 min - intent of traveling to Paris.

We started Twitter recommendation service @nmodesHelps and were encouranged by the results. 72% of those that received our travel recommendations reacted by thanking us and expressing their gratitude. This reinforced our assumption that people seek travel advice on Twitter, accept it as an instant value, and are prepared to act upon it.

The hotels that are ready to move fast to monetize this opportunity will benefit the most.

 

READ MORE

Microsoft AI products

                                                 

Microsoft product strategy has always been and still remains that of ‘zero alternative’. Their ultimate policy is for their customers to have no choice but to embrace only Microsoft products. Consequently they created and are offering products and solutions in (almost) every segment of IT enterprise and consumer market, including, but certainly not limited to, their own data base, their own cloud services, operating system, office tools, programming language, and many more.

Not only do Microsoft offer wide variety of products, they tie them up together in a unified ecosystem that makes it easy for components to connect and interact. At the same time, this ecosystem is hostile to non-Microsoft products.

Microsoft strategy for the burgeoning, fast growing AI segment is similar:

Create products to address all parts of the AI market, add them to the ecosystem to ensure easy compatibility from within and difficulty of use from outside.

Currently the products on offer are:

- Microsoft AI engine, called LUIS. It is supposed to compete with other major industrial AI systems such as IBM Watson, and has similar training methodology. It offers webhook interfacing via endpoints.  

- Microsoft chatbot building platform, called, surprisingly, Microsoft Bot Platform. It addresses the popular demand for easy chatbot design and provides seamless connectivity with main user interfaces, such as web interface, SMS, mobile, and messaging platforms.

- In addition Microsoft offers their own messaging platform in Skype.

The main advantage of  using Microsoft AI products is the built-in connectivity with user interfaces.

The main disadvantage is in their ‘zero alternative’ policy - once you’ve chosen a Microsoft product you are likely will be forced to choose only Microsoft products for the duration of your project.

 

READ MORE