Deloitte’s WordsWorth Text-Mining Solution
Deloitte’s WordsWorth is a state-of-the-art, Cloud-capable text-mining offering from scanning through named-entity recognition, document mark-up, semantic search, text translation & summarization, table & invoice extraction.
Today’s digital world has resulted in a Cambrian explosion of documents, ever easier to produce and to transmit. While offices worldwide have indeed become increasingly “paperless”, paper reports have only partially been superseded by electronic data exchanges of structured, tabular data. Instead, unstructured narratives have migrated from paper to PDF, or equivalents. The volume of textual documents has soared, lifted by improved editor tools, automated text generation, and a dramatic increase in the options an author has to disseminate a message: emails, chats, blogs, social media, cloud drives, collaborative document-sharing suites, to name a few. Furthermore, multiple providers in each of these formats compete to best serve the need for humans to tell a story, to instruct or explain, or simply to express views.
Proliferation of documents, types and formats poses a significant challenge to the reader. It is increasingly difficult to discern useful signals from spurious noise, or even facts from opinion. Digitization of processes and businesses, the “always-on” reachability through mobile devices has raised expectations for quick results. There is simply not enough time to wade through the flood of documents, to discern which is important or which is reliable. Fortunately, machines armed with Natural Language Processing (NLP) algorithms can help. NLP promises efficiency, quality and exhaustive coverage in working with unstructured, textual documents.
Here you can download the WordsWorth fact sheet:
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