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Press Releases

Lexalytics® Recognized in Gartner 2017 Hype Cycles for Data Science and Machine Learning, Analytics and Business Intelligence, Imaging and Print Services and Life Science Research and Development

One Report Notes New Paradigm of “Augmented Analytics”* Boston, MA—October 24, 2017Lexalytics®, the leader in cloud and on-prem text analytics solutions, announced today that it has been listed as a Sample Vendor in Gartner’s “Hype Cycle for Data Science and Machine Learning, 2017” (July 2017), “Hype Cycle for Analytics for Business Intelligence, 2017” (July 2017), […]

One Report Notes New Paradigm of “Augmented Analytics”*

Boston, MAOctober 24, 2017

Lexalytics®, the leader in cloud and on-prem text analytics solutions, announced today that it has been listed as a Sample Vendor in Gartner’s “Hype Cycle for Data Science and Machine Learning, 2017” (July 2017), “Hype Cycle for Analytics for Business Intelligence, 2017” (July 2017), “Hype Cycle for Imaging and Print Services, 2017” (August 2017) and “Hype Cycle for Life Science Research and Development, 2017” (July 2017) in the category of Text Analytics.

In three of the reports, Gartner analysts Kurt Schlegel, Alexander Linden and Nigel Shen explain, “The surge in data volumes, together with the increasing need to make sense of the underlying context of data, has fueled the evolution of text analytics. Another strong driver is the desire to complement insights gleaned from analysis of structured numerical data with text-based facts for more robust predictive modelling. Future technological advances could lead to highly automated solutions capable of accurate and deep understanding of contexts.”**

Gartner further notes in its Hype Cycle for Analytics and Business Intelligence that “a new paradigm called ‘augmented analytics’ is emerging, in which machine-learning automation will be critical to augmenting human intelligence and contextual awareness across the entire data and analytics workflow, from data to insight to action. ‘Augmented analytics’ is an umbrella term that includes augmentation of several technologies (including data preparation, data discovery and data science) with machine learning and natural-language processing capabilities.”

“For nearly 15 years, Lexalytics has been an innovator in text analytics, honing our machine learning and natural language processing technologies to help enterprises gain greater value and insights from their structured and unstructured data,” said Jeff Catlin, CEO of Lexalytics. “We feel Gartner is spot on in identifying the emergence of ‘augmented analytics,’ and the impact that text analytics will have across data management, analytics and BI, and data science, and we’re honored to be included in these reports.”

According to Gartner, text analytics is in the “Slope of Enlightenment” phase of the Hype Cycle where “focused experimentation and solid hard work by an increasingly diverse range of organizations [is leading] to a true understanding of the technology’s applicability, risks and benefits.” In addition, Gartner notes that text analytics has moved into the “Adolescent” stage of maturity, indicating that it has moved beyond early adopters in market adoption.**

*Gartner, Hype Cycle for Analytics and Business Intelligence, 2017, 28 July 2017

**Gartner, Hype Cycle for Imaging and Print Services, 2017, 02 August 2017, Hype Cycle for Analytics and Business Intelligence, 2017, 28 July 2017, Hype Cycle for Data Science and Machine Learning, 2017, 28 July 2017

 

Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Lexalytics®

Processing billions of words every day across more than 20 languages, Lexalytics is the industry leader in translating text into profitable decisions for social media monitoring, reputation management and voice of the customer programs. In addition, the Lexalytics Intelligence Platform leverages leading-edge artificial intelligence and natural language processing to allow enterprises across all industries to quickly, easily and cost-effectively create custom analytics solutions to address their unique data problems. Based in Boston, MA, Lexalytics has offices in the US and Canada. For more information, please visit www.lexalytics.com, email sales(at)lexalytics(dot)com or call 1-617-249-1049. Follow Lexalytics on Twitter, Facebook, and LinkedIn.

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Other Press Releases

2018-06-05 Lexalytics® and University of Massachusetts Amherst to Present at NAACL
2018-04-25 Lexalytics® Announces “Get Out of the Cloud” Campaign for Seamless Transfer of Natural Language Processing from Cloud to On-Premise
2018-03-14 Lexalytics® Launches Support for Unicode Emoji 11.0
2017-12-11 Lexalytics® Launches New Artificial Intelligence Development Platform to Help Customers Quickly Build, Customize and Deploy Natural Language Processing Applications
2017-10-24 Lexalytics® Recognized in Gartner 2017 Hype Cycles for Data Science and Machine Learning, Analytics and Business Intelligence, Imaging and Print Services and Life Science Research and Development
2017-06-15 Lexalytics® Releases New Text Analytics Software for Retailers to Improve Online Shopping Experience
2017-04-05 New Software from Lexalytics® Helps Human Resources Departments Design More Effective Voice of the Employee Programs
2017-01-25 Lexalytics® Unveils Magic Machines™ AI Labs to Drive Innovation in Building and Managing Artificial Intelligence
2016-11-02 Lexalytics’ New Survey Analysis Tool for Customer Loyalty/Sales
2016-10-14 Lexalytics Improves Text Analytics with New Machine Learning
2016-08-01 Semantria Text Analytics Platform Available on Microsoft Azure
2016-07-20 Lexalytics® Simplifies Pharmaceutical Market Research and VOC
2016-07-08 Lexalytics® to Present on NLML at Sentiment Analysis Symposium
2016-04-06 Lexalytics® NLP & Sentiment Analysis for Android™ Social Media
2016-01-26 Lexalytics® Brings Text and Sentiment Analytics to Mac®
2015-12-15 Lexalytics®’ Text Analytics Software Airlines Industry Pack
2015-12-03 Lexalytics®,Text Analytics Presenters Gilbane Conf. 2015
2015-11-23 Lexalytics® Adds Polish Language Support
2015-10-21 Lexalytics® Hospitality/Restaurant Industry Packs Simplify CEM
2015-09-29 Lexalytics Adds Danish, Norwegian and Swedish
2015-06-03 Lexalytics® Enhances Feature-Rich Salience® Analytics Software
2015-05-12 Lexalytics® Unveils Text Mining and Sentiment Analysis Wizard
2015-04-23 Lexalytics to Present at Text by the Bay Conference
2015-04-15 Lexalytics’ Adds Arabic, Russian, and Dutch
2014-12-08 Lexalytics Adds to Text Analytics, Includes Intention Analysis
2014-11-06 Lexalytics Launches Pain-Free Text Mining Customization
2013-10-23 Lexalytics Announces Availability of Salience in Chinese
2013-09-04 Lexalytics to Sponsor Brighton Data Storytelling Hackathon
2013-06-20 Lexalytics Announces Availability of Salience 5.1.1
2013-04-25 Semantria & Lexalytics Give API Access for Viafoura Hackathon
2012-11-08 Lexalytics Announces Portuguese Native Phrase-Based Sentiment
2012-10-17 Lexalytics Announces Spanish Native Phrase-Based Sentiment
2012-06-14 HStreaming & Lexalytics Deliver Text Analytics for Big Data
2012-06-12 Lexalytics & FutureEverything Capture Opinion of 2012 Olympics
2012-05-31 Lexalytics Announces Speakers for Upcoming User Conference
2012-05-31 Angoss Software and Lexalytics Form Partnership
2012-04-04 Lexalytics Powers New Bitly Reputation Monitoring Service
2011-04-12 Lexalytics Announces Salience 5.0
2011-03-07 MediaVantage & Lexalytics Offer Multi-Lang Sentiment Analysis
2010-12-07 Lexalytics Predicts 2011 Text/Sentiment Analysis Market
2010-11-29 DataSift Taps Lexalytics to Help “Tune Your Data”
2010-09-20 Lexalytics Unveils Sentiment Analysis of Emoticons, Acronyms
2010-06-30 Lexalytics Releases Salience 4.3
2010-05-24 Lexalytics Expands into New Markets
2010-05-16 Lexalytics Moves to Boston
2010-05-04 bit.ly to Join Lexalytics at 6th Text Analytics Summit
2010-03-23 Lexascope Web Service for Social Media/Sentiment Analysis
2010-03-09 Lexalytics Discusses Text & Sentiment Analysis Trends
2009-10-20 Lexalytics, Inc. Joins Endeca Extend Partner Program
2009-06-24 Lexalytics to Provide Text Analytics for First Coverage
2009-04-05 Lexalytics’ Salience 4.1 with Entity Management Toolkit
2008-10-21 Salience 4.0 With Improved Entity Extraction/Sentiment Scoring
2008-10-09 Lexalytics Unveils The “ExecDex” Who’s Hot Ranking System
2008-10-01 Lexalytics Hires VP of Engineering
2008-09-21 Market Intelligence Co’s Use Lexalytics Sentiment Analysis
2008-09-07 Lexalytics signs Conversition and mBLAST
2008-09-02 Market Intelligence Tool Harnesses Text Analytics
2008-07-27 Infonic Merges its Text Analytics Business with Lexalytics
2008-05-19 Lexalytics Named 2008 MITX Technology Awards Finalist
2008-03-16 CEO, Jeff Catlin, New Communications Forum 2008 Speaker
2008-02-25 2008 Presidential Campaign Blog Sentiment Survey
2008-01-14 SmartBrief to Integrate Lexalytics Classification Solution