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Company Confidential – For Internal Use Only Copyright © SAS Institute Inc. All rights reserved. Text Analytics in Action Toronto Data Sciences Forum 2017.11.08 Cindy Zhong, Data Scientist, SAS Canada
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Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

Text Analytics in Action Toronto Data Sciences Forum

2017.11.08

Cindy Zhong, Data Scientist, SAS Canada

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

What is Text Analytics?

“A set of linguistic, statistical, and machine learning techniques that model and structure

the information content of textual sources for business intelligence, exploratory data

analysis, research, or investigation.”

“Using technology to scale the human acts of reading, organizing, and quantifying unstructured text data in meaningful ways.”

Or, put more simply…

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

Call Center Notes Survey Feedback

Online Forums Blogs Consumer Reviews Online News Social Networks

Associate Comments Claims & Case NotesResearch & Publications

Live Chat Factory/Tech’n Notes Emails Medical/Health Records Contracts & Applications

Text Analytics OverviewCommon Textual Data Sources

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

Text Analytics in ActionWhat Can We Learn From Text?

What we can learn?• Reviewer’s Attitude• Reviewer’s Opinion on

the Features (Display, Branding, Design, Price)

• Degree of their Opinion• Competitor Information

Now, add these to your existing knowledge…

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

Text Analytics OverviewSteps for Text Analytics

Define the problem!!!

Obtain Relevant Text

Preprocessing of Text:Text ParsingText Filtering

Transformation

Apply Text Mining Algorithm Analyze Obtained Output

Is the data

properly mined?

No

Output Data for Further Analysis

Yes

Deployment of Analytics Dashboard

Event Stream ProcessingEnriched Model

Case ManagementVisualization & Reporting

Feedback

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

Text PreprocessingStructuring the Unstructured

Dropping the

Stopwords

Automatically

detect misspellings

and parts-of-speech

Parsing the

document

into tokens

Stem/Lemmatize

the term so

different forms are

seen as one

Identify and extract

known or

discovered entities

Look at what

customer mention

about screen

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

Exploratory Analysis on TextUnsupervised Learning

Look at the

sentiment by

review

Look at the

sentiment by review

topics

Look at what are

mentioned in a topic

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

Text Analytics OverviewWhat Are Others Using Text Analytics For?

Business Use Cases

Product • Design

Feature/Function• Competitive Landscape

Marketing

• Reduce Attrition; Identify At-Risk Clients

• Enrich Customer segmentation models and “Path Analysis”

• Root Cause Analysis on Customer Complaints

SAS Text Analytics Solution

Analytics

Sentiment Analysis

Information Retrieval

Topic Detection

Content Categorization

Root Cause Analysis

Trend Analysis

Deployment

Enriched Model

Event Stream ProcessingRisk Alert

Competitive AlertCustomer Interactions

Case Management

Sentiment DashboardCommunity ViewProduct Line View

Region ViewBusiness Line View

Visualization & Reporting

Linguistic Rules Engines Statistical ModelsNatural Language Processing

Operations• Improve Call

Center Agent-Customer Interactions

• Improve Call/Support Agent Productivity and Workflow

• 1:many / 1:1 Messaging via Social Channels

Risk• Detect regulatory

and compliance violations

• Detect common themes in cases of fraudulent charges, ID theft, scams, and phishing schemes

• Enhance credit scoring & underwriting models

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

What Makes Text Analytics Hard?And Interesting …

• Problem Specific

• Domain Specific

• Out-Of-Box tool does not work

• Ability to customize is critical

• Human Subjectivity• Same message conveyed in different ways

• Exactly the same statement in a different context may convey completely different meaning.

• Language & Cultural Specific• Requires deep knowledge about the language

and the culture

• Social media as a new source of data

Company Conf ident ia l – For Internal Use OnlyCopyright © SAS Inst itute Inc. A l l r ights reserved.

What You Want To Look For?Fully Customizable, Balanced Approach to Text Analytics Problem

In order to gain business value from unstructured text, we need:

• Structured + Unstructured

• To gain the lift in predictive accuracy from text

• Supervised + Unsupervised

• To shorten the Time to Value, minimizing the manual effort while maintaining granularity and specificity

• Linguistic Rules + Statistical Model

• To get desired level of granularity and customization ability


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