With the recent news that IBM bought text analytics company Netezza for $1.7 billion, we decided to explain what text analytics are to the common man. By "the common man", I mean anyone who doesn't have a PHD or write for Wikipedia.  Text analytics is the study of words and text on pages in order to predict or discover patterns, such as user behavior.  This is also known as data mining, text mining, or data digging.  Most of the time it is used "looking at the past", or to see what users DID or DID not do on a website.

The idea that someone can look into the future and see what will become popular took a huge leap forward recently with the release of the text analytics software at The Internet Time Machine.com.  Based on applying advanced economic theory and equations to the Internet search world, the Internet Time Machine acts as a clairvoyant trends, niche, and product identifier.

The Internet Time Machine is a complex text analytics software with the unique capability of being able to monitor text-based content LIVE on the web. The software’s state-of-the-art text and predictive analytics algorithms are quick to analyze all the data retrieved with every crawl of the web, and project an astonishingly accurate depiction of current and developing niche markets online using the principles of demand and supply as the foundation for all analyses conducted. 

We are also the only text analytics software designer for individual web users and offered at affordable prices.

Take a look at this video as we explain what data mining and text analytics engines do for a living....like us!