Seth Grimes, president and principal consultant of Alta Plana Corp. and founding chair of the Sentiment Analysis Symposium, has put together a thorough new report, Text Analytics 2014: User Perspectives on Solutions and Providers. Among the interesting findings of the report is that “growth in text analytics, as a vendor market category, has slackened, even while adoption of text analytics, as a technique, has continued to expand rapidly.”
Grimes explains that in a fragmented market, consisting of everything from text analytics services to solution-embedded technologies, the opportunities for users to practice text analytics is strong, but that increasingly text analytics is not the main focal point of the solutions being leveraged.
Reflecting the diversity of options, respondents listed among their providers a number of open-source offerings such as Apache OpenNLP and GATE, API services such as AlchemyAPI and Semantria, and enterprise software solution and business suite providers like SAP. The word cloud above was generated by Alta Plana at Wordle.net to show how users responded to the question of companies they know provide text/content analytics functionality. Nearly 50 percent of users are likely to recommend their most important provider.