TOPIC: Text Mining Innovation for Business
Please read Paper 4: Text Mining Innovation for Business page 49
In this article, two text-mining-related projects from different industries with different challenges are discussed to identify standard procedures and methodologies that can be used. In the gig work sector, one of the partners offers a platform solution for employee recruitment for temporary work. The work assessment is performed using short reviews for which a method for sentiment assessment based on machine learning has been developed. The other partner creates an information extraction service for business documents in the financial advice sector, including insurance policies.
Critically analyze the paper.
Which one of the text mining scenarios is more of a challenge to business?
Anonymization
Quality of statistical machine learning models
Being on the top of new methods or open-source software
etc.
Provide your reasoning and rationale behind your choice.
Professor’s Guide:
As you read and assimilate this new trend of managing part of a business, take a close look at the required automation in the extraction of structured information from pdf files. Try to critically analyze the reasoning behind the standard path to innovation in such projects, including business process modeling and the need to implement novel technological solutions.
Be sure to proofread carefully (Use Grammarly – the premium version! Make sure your writing score is more than 90) and cite your sources (APA 7.0 ed).
Minumum of two references no older than 7 years.
NOTE:1. Post your 500-700 word answers by Wednesday 11:55 pm to earn a maximum of 14 points.2. Offer at least two 300-400 word comments (replies) to posts from your peers’ discussions by Sunday 11:55 pm to earn a maximum of 8 points each (total 16 points)3. The total grade on each week’s RD is 30 points.
You will be graded using the following rubric and standards.
Extremely TIME SENSITIVE, 2 hours MAX!
