AlphaSense’s Advanced Linguistics Search Engine Could Buy Back Time For Financial Analysts To Do More In-Depth Research

alpha1When Raj Neervannan, CTO and co-founder of financial search engine company AlphaSense, thinks about search, he thinks about it “as a killer app that is only growing…..People want answers, not noise. They want to ask more intelligent questions and get to the next level of computer-aided intelligence.”

For AlphaSense’s customers – analysts at large investment firms and banks or any other industry, as well as one-person shops – that means search needs to get them out of ferreting through piles of research docs for the nuggets of information they really need. A former financial industry analyst himself, Neervannan knows the pain of trying to interpret a CEO’s commentary to understand what he or she was really saying when making the point that numbers were going down when referring to inventory turns. (Jack Kokko, the former financial industry analyst at Morgan Stanley, is AlphaSense’s other co-founder.)

“You are essentially digging through sets of documents [using keyword search], finding locations of terms, pulling them in piece by piece and constructing a case as to what the company’s inventory turn was really like – what other companies’ similar information was, how that matches up. You have to do quantitative analysis and benchmarks, and it can take weeks,” he says.

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Semantic Web Jobs: Qbase

qbQbase is looking for a Data Analytics and Modeling Engineer in Springfield, OH. The post states, “The Data Analytics and Modeling Engineer will play a key role within the Product Engineering organization developing products in the text analytics and information extraction space as well as developing core infrastructure components of products in the search and retrieval space. The developer will join a dynamic team leveraging Qbase expertise in these product areas.  Qbase is looking for strong candidates that thrive on the challenges associated with building new products and developing intellectual property.  The successful candidate will enjoy engaging in substantive technical discussions and is passionate about his/her trade.  Expectations are very high in terms of skill, motivation, self-organization and productivity.” Read more

Why the Resume is Outdated

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Terence Tse, Mark Esposito, and Olaf Groth of the Harvard Business Review write, “While we are surrounded by a wave of new disruptive technologies and apps, HR still hasn’t improved how it evaluates the prospective workforce. Traditional hiring processes that revolve around CVs are no longer sufficient – they don’t pinpoint the right qualities demanded of leaders today, and their dated criteria obscures many talented individuals from even hitting the radar. There is nothing inherently wrong with resumes – they highlight applicants’ past achievements and experience. But while CVs are good at showcasing formal skills, they’re not very useful for identifying values and behavior.” Read more

Data-Intensive Businesses Turn to Infobright to Transform Machine-Generated Data into Business Improvements

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TORONTO–(BUSINESS WIRE)–Infobright, the database analytics platform for the Internet of Things (IoT), today announced that Rez-1Smart 421, and PayPoint, three data-heavy businesses in the financial services, logistics and transportation industries, selected Infobright’s Enterprise Edition to transform their machine-generated data into business insights. The Infobright analytic database platform enables customers to interrogate machine and IoT generated data to quickly identify the patterns that drive smarter business decisions. Read more

Early Bird Registration Rates Expire Today (Friday) for Semantic Technology & Business Conference

[Updated July 18, 2014 11:20 am]

site-header-10th-blog-304x200The 10th Annual Semantic Technology & Business Conference will take place August 19-21, 2014 in San Jose, California, and early (read: discounted) pricing expires Friday, July 18. This is your opportunity to get the best price on this, the leading conference on business and practical applications of Semantic Technologies. The program includes sessions that will be of interest to technologists and practitioners as well as to business professionals looking to understand how Semantic Technologies can help their organizations generate revenue, mitigate risk, and solve problems that have traditionally been too expensive or technically difficult to even try to tackle.

The conference includes instructional tutorials and workshops, case studies and practical advice, high-level, entertaining keynotes, and unparalleled networking opportunities. There are strong tracks focused on areas of interest such as Financial Services, Healthcare & Life Sciences, and Search. Attendees will also be able to explore the latest tools and service offerings from leading vendors such as MarkLogic, Oracle, XSB and others. Adding to the fun this year is that the Semantic Technology & Business Conference will be co-located with the NoSQL Now! Conference and the inaugural Cognitive Computing Forum.

Keynotes include Ramanathan V. Guha (Google), Phil Archer (W3C), and Manu Sporny (Digital Bazaar).

View the full program agenda here.

Don’t miss out on this important opportunity! Team discounts for groups of 3 or more are also available.

Click here to register.

 

 

Semantic Web Jobs: Sears Holdings

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Sears Holdings Corporation is looking for an Infrastructure Architect in Hoffman Estates, IL. According to the post, this position will “Architect, design, and develop high quality, high volume, high performance, and highly available web services/products that will be used by a massive number of online mobile customers. Collaborate with architects, designers and engineers to create cohesive end-to-end solutions. Deliver conceptualization, design, and implementation with a good balance of quality and time completion goals. Develop multi-level relationships with business leads cross-functional design teams to understand and investigate the current business process design, identify problems, complexities, and address those through solution architecture.” Read more

Healthcare IT Needs Better Search Tools (Enter Semantic Search!)

6322734819_a6c9748c49Megan Williams of Business Solutions recently wrote, “It’s a simple fact of the current state of healthcare that most providers are not using the data they gather via EHRs as best they could. The case of missed technological opportunities is nothing new to healthcare, but in the case of search engines, not employing them to mine existing information could be costing your clients, and their patients, unnecessary tests, wasted time, and missed information that would have been helpful in achieving desired patient outcomes.”

Williams goes on, “A study published by the Journal Of The American College Of Radiology titled “Optimizing Emergency Department Imaging Utilization Through Advanced Health Record Technology” addresses the application of search functions to clinical environments, specifically the emergency department (ED). This department presents special challenges because of the nature of the work involving evaluating complex patients while under time pressure. These challenges are made worse by the incomplete medical history that typically comes with patients who enter the department.”

She adds, “The study covers QPID, which is a programmable health record intelligence system that adds semantic search and knowledge management layers to an EHR system. QPID works as an extension of its data repository, facilitating extraction from it. While most EHR systems do include databases that handle rudimentary data retrieval, QPID allows users to pull data by topic-related ‘packages’ of data and concepts in saved, operable queries that can be used on both structured and unstructured data sources.”

Read more here.

Image: Courtesy Flickr/ Yann Ropars

Introducing the New UMBEL Concept Tagger Web Service

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On his personal website, Frederick Giasson reports, “We just released a new UMBEL web service endpoint and online tool: the Concept Tagger Plain. This plain tagger uses UMBEL reference concepts to tag an input text. The OBIE (Ontology-Based Information Extraction) method is used, driven by the UMBEL reference concept ontology. By plain we mean that the words (tokens) of the input text are matched to either the preferred labels or alternative labels of the reference concepts. The simple tagger is merely making string matches to the possible UMBEL reference concepts.” Read more

OpenText Takes Next Steps In Automatic Content Classification

otextOpenText yesterday made its secure file sharing and synchronization product, Tempo Box, available for free to customers using its OpenText Content Suite enterprise information management tool.

“A lot of our customers have major concerns about employees sharing documents with cloud tools like Dropbox,” says Lubor Ptacek, vp of strategic marketing. They want them to be available, synched and sharable across all their devices, but using such services can create security and compliance problems. By deploying Tempo Box on top of their existing infrastructure, at no charge to all internal employees and any external parties they may need to share content with, companies get a seamless and cost-effective way to share files in the cloud without compromising security, records management requirements and storage optimization, he says – “the things that enterprise customers care about, especially those operating in regulated environments.”

Among those capabilities is applying automatic content classification, which is usually required for records management reasons – for example, helping companies determine if a document is an employee record they must keep for five years or a tax record they have to hold for seven years. That under-the-hood classification engine is an outgrowth of OpenText’s acquisition a few years back of text mining, analytics and search company Nstein. Since the acquisition, says Ptacek, the company has been looking at ways to apply the technology to specific business problems and make it part of its applications.

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Semantic Web Jobs: Early Warning Services

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Early Warning Services is looking for a Principal Enterprise Engineer in Scottsdale, AZ. According to the post, “This position is a top technical role within our organization. This role provides application architecture and technical oversight for design, development, and maintenance of applications for new and enhanced products. This includes providing leadership and mentoring to enterprise and senior software engineers in the technical aspects of their assignments.” This role will “Lead or participate in the design, development, and maintenance of high volume, high performance, batch processing applications using Java as the primary language.  Ability to work in and/or support C# and C++ is a plus. Preparation of application architecture and detail design documentation defining viable design approaches.” Read more

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