Social Media and Opinion Mining ( ) 2016/10/25 () - - PowerPoint PPT Presentation

social media and opinion mining
SMART_READER_LITE
LIVE PREVIEW

Social Media and Opinion Mining ( ) 2016/10/25 () - - PowerPoint PPT Presentation

Tamkang University Social Media and Opinion Mining ( ) 2016/10/25 () (2:10-5:00pm) 270407407 Min-Yuh Day Assistant


slide-1
SLIDE 1

1

Social Media and Opinion Mining (社群媒體與意見探勘)

Min-Yuh Day 戴敏育 Assistant Professor 專任助理教授

  • Dept. of Information Management, Tamkang University

淡江大學 資訊管理學系

http://mail. tku.edu.tw/myday/ 2016-10-25

Tamkang University 時間:2016/10/25 (⼆) (2:10-5:00pm) 地點:政治⼤學綜合院館270407,北棟407教室 主持⼈:陳恭 主任

slide-2
SLIDE 2

Outline

  • Social Media

–Social Media Marketing Analytics (社群媒體行銷分析)

  • Opinion Mining

–Text Mining and Analytics Technology (文字探勘分析技術)

2

slide-3
SLIDE 3

3

Social Media Marketing Analytics (社群媒體行銷分析)

Min-Yuh Day 戴敏育 Assistant Professor 專任助理教授

  • Dept. of Information Management, Tamkang University

淡江大學 資訊管理學系

http://mail. tku.edu.tw/myday/ 2016-07

Tamkang University

slide-4
SLIDE 4

Outline

  • Consumer Psychology and Behavior on Social

Media

  • Social Media Marketing Analytics

– Social Media Listening – Search Analytics – Content Analytics – Engagement Analytics

  • Social Analytics Lifecycle

4

slide-5
SLIDE 5

Social Media

5

Source: http://hungrywolfmarketing.com/2013/09/09/what-are-your-social-marketing-goals/

slide-6
SLIDE 6

Internet Evolution

Internet of People (IoP): Social Media Internet of Things (IoT): Machine to Machine

6 Source: Marc Jadoul (2015), The IoT: The next step in internet evolution, March 11, 2015 http://www2.alcatel-lucent.com/techzine/iot-internet-of-things-next-step-evolution/

slide-7
SLIDE 7

Emotions

7 Source: Bing Liu (2011) , “Web Data Mining: Exploring Hyperlinks, Contents, and Usage Data,” Springer, 2nd Edition,

Love Joy Surprise Anger Sadness Fear

slide-8
SLIDE 8

Example of Opinion: review segment on iPhone

“I bought an iPhone a few days ago. It was such a nice phone. The touch screen was really cool. The voice quality was clear too. However, my mother was mad with me as I did not tell her before I bought it. She also thought the phone was too expensive, and wanted me to return it to the shop. … ”

8 Source: Bing Liu (2011) , “Web Data Mining: Exploring Hyperlinks, Contents, and Usage Data,” Springer, 2nd Edition,

slide-9
SLIDE 9

“(1) I bought an iPhone a few days ago. (2) It was such a nice phone. (3) The touch screen was really cool. (4) The voice quality was clear too. (5) However, my mother was mad with me as I did not tell her before I bought it. (6) She also thought the phone was too expensive, and wanted me to return it to the shop. … ”

9 Source: Bing Liu (2011) , “Web Data Mining: Exploring Hyperlinks, Contents, and Usage Data,” Springer, 2nd Edition,

+Positive Opinion

  • Negative

Opinion

Example of Opinion: review segment on iPhone

slide-10
SLIDE 10

10

Social Media Marketing Analytics

slide-11
SLIDE 11

11

Source: http://www.amazon.com/Digital-Marketing-Analytics-Consumer-Biz-Tech/dp/0789750309

Digital Marketing Analytics:

Making Sense of Consumer Data in a Digital World, Chuck Hemann and Ken Burbary, Que. 2013

slide-12
SLIDE 12

12

Consumer Psychology and Behavior

  • n

Social Media

slide-13
SLIDE 13

How consumers think, feel, and act

13

Source: Philip Kotler & Kevin Lane Keller, Marketing Management, 14th ed., Pearson, 2012

slide-14
SLIDE 14

Analyzing Consumer Markets

  • The aim of marketing is to meet and satisfy

target customers’ needs and wants better than competitors.

  • Marketers must have a thorough

understanding of how consumers think, feel, and act and offer clear value to each and every target consumer.

14

Source: Philip Kotler & Kevin Lane Keller, Marketing Management, 14th ed., Pearson, 2012

slide-15
SLIDE 15

Customer Perceived Value, Customer Satisfaction, and Loyalty

15

Customer Perceived Performance Customer Expectations

Customer Perceived Value Customer Satisfaction Customer Loyalty

Source: Philip Kotler & Kevin Lane Keller, Marketing Management, 14th ed., Pearson, 2012

slide-16
SLIDE 16

Social Media Marketing Analytics

16

Social Media Listening Search Analytics Content Analytics Engagement Analytics

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-17
SLIDE 17

The Convergence of Paid, Owned & Earned Media

17 Source: “The Converged Media Imperative: How Brands Will Combine Paid, Owned and Earned Media”, Altimeter Group, July 19, 2012) http://www.altimetergroup.com/2012/07/the-converged-media-imperative/

Paid Media

Traditional Ads

Owned Media

Corporate Ads

Earned Media

Organic Press Coverage Sponsored Customer

Converged Media

Promoted Brand Content Brands that ask for shared

slide-18
SLIDE 18

Converged Media Top 11 Success Criteria

18 Source: “The Converged Media Imperative: How Brands Will Combine Paid, Owned and Earned Media”, Altimeter Group, July 19, 2012) http://www.altimetergroup.com/2012/07/the-converged-media-imperative/

Social Listening / Analysis of Crowd

slide-19
SLIDE 19

Content Tool Stack Hierarchy

19 Source: Rebecca Lieb, "Content marketing in 2015 -- research, not predictions", December 16, 2014 http://www.imediaconnection.com/content/37909.asp

slide-20
SLIDE 20

Competitive Intelligence

  • Gather competitive intelligence data

20

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-21
SLIDE 21

Google Alexa Compete

  • Which audience segments are competitors

reaching that you are not?

  • What keywords are successful for your

competitors?

  • What sources are driving traffic to your

competitors’ websites?

21

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-22
SLIDE 22

Competitive Intelligence

  • Facebook competitive analysis
  • Facebook content analysis
  • YouTube competitive analysis
  • YouTube channel analysis
  • Twitter profile analysis

22

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-23
SLIDE 23

Web Analytics (Clickstream)

  • Content Analytics
  • Mobile Analytics

23

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-24
SLIDE 24

Mobile Analytics

  • Where is my mobile traffic coming from?
  • What content are mobile users most interested in?
  • How is my mobile app being used?

What’s working? What isn’t?

  • Which mobile platforms work best with my site?
  • How does mobile user’s engagement with my site

compare to traditional web users’ engagement?

24

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-25
SLIDE 25

Identifying a Social Media Listening Tool

  • Data Capture
  • Spam Prevention
  • Integration with Other Data Sources
  • Cost
  • Mobile Capability
  • API Access
  • Consistent User Interface
  • Workflow Functionality
  • Historical Data

25

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-26
SLIDE 26

Search Analytics

  • Free Tools for Collecting Insights Through

– Search Data – Google Trends – YouTube Trends – The Google AdWords Keyword Tool – Yahoo! Clues

  • Paid Tools for Collecting Insights Through

Search Data

  • The BrightEdge SEO Platform

26

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-27
SLIDE 27

Owned Social Metrics

  • Facebook page
  • Twitter account
  • YouTube channel

27

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-28
SLIDE 28

Own Social Media Metrics: Facebook

  • Total likes
  • Reach

– Organic – Paid reach – Viral reach

  • Engaged users
  • People taking about this (PTAT)
  • Likes, comments, and shares by post

28

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-29
SLIDE 29

Own Social Media Metrics: Twitter

  • Followers
  • Retweets
  • Replies
  • Clicks and click-through rate (CTR)
  • Impressions

29

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-30
SLIDE 30

Own Social Media Metrics: YouTube

  • Views
  • Subscribers
  • Likes/dislikes
  • Comments
  • Favorites
  • Sharing

30

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-31
SLIDE 31
  • Followers
  • Views
  • Comments
  • Shares

31

Own Social Media Metrics: SlideShare

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-32
SLIDE 32
  • Followers
  • Number of boards
  • Number of pins
  • Likes
  • Repins
  • Comments

32

Own Social Media Metrics: Pinterest

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-33
SLIDE 33

Own Social Media Metrics: Google+

  • Number of people who have an account

circled

  • +1s
  • Comments

33

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-34
SLIDE 34

Earned Social Media Metrics

  • Earned conversations
  • In-network conversations

34

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-35
SLIDE 35

Earned Social Media Metrics: Earned conversations

  • Share of voice
  • Share of conversation
  • Sentiment
  • Message resonance
  • Overall conversation volume

35

Source: http://www.elvtd.com/elevation/p/beings-of-resonance

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-36
SLIDE 36

Demystifying Web Data

  • Visits
  • Unique page views
  • Bounce rate
  • Pages per visit
  • Traffic sources
  • Conversion

36

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-37
SLIDE 37

Searching for the Right Metrics

37

Paid Searches Organic Searches

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-38
SLIDE 38

Paid Searches

  • Impressions
  • Clicks
  • Click-through rate (CTR)
  • Cost per click (CPC)
  • Impression share
  • Sales or revenue per click
  • Average position

38

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-39
SLIDE 39

Organic Searches

  • Known and unknown keywords
  • Known and unknown branded keywords
  • Total visits
  • Total conversions from known keywords
  • Average search position

39

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-40
SLIDE 40

Aligning Digital and Traditional Analytics

  • Primary Research

– Brand reputation – Message resonance – Executive reputation – Advertising performance

  • Traditional Media Monitoring
  • Traditional CRM Data

40

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-41
SLIDE 41

Social Media Listening Evolution

41

Location of conversations Sentiment Key message penetration Key influencers

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-42
SLIDE 42

Social Analytics Lifecycle (5 Stages)

42

  • 1. Discover
  • 2. Analyze
  • 3. Segment
  • 4. Strategy
  • 5. Execution

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

slide-43
SLIDE 43

43

  • 1. Discover
  • 2. Analyze
  • 3. Segment
  • 4. Strategy
  • 5. Execution

Social Web

(blogs, social networks, forums/message boards, Video/phone sharing)

  • 1. Discover

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

Social Analytics Lifecycle (5 Stages)

slide-44
SLIDE 44

44

  • 1. Discover
  • 2. Analyze
  • 3. Segment
  • 4. Strategy
  • 5. Execution

Distill relevant signal from social noise

Social Web

(blogs, social networks, forums/message boards, Video/phone sharing)

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

Social Analytics Lifecycle (5 Stages)

slide-45
SLIDE 45

45

  • 1. Discover
  • 2. Analyze
  • 3. Segment
  • 4. Strategy
  • 5. Execution

Distill relevant signal from social noise

Social Web

(blogs, social networks, forums/message boards, Video/phone sharing)

Data Segmentation (Filter, Group, Tag, Assign)

Product Development Strategic Planning

Corps Communication

Marketing & Advertising Customer Care Sales

Strategic Tactical

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

Social Analytics Lifecycle (5 Stages)

slide-46
SLIDE 46

46

  • 1. Discover
  • 2. Analyze
  • 3. Segment
  • 4. Strategy
  • 5. Execution

Distill relevant signal from social noise

Social Web

(blogs, social networks, forums/message boards, Video/phone sharing)

Insights drive focused business strategies Data Segmentation (Filter, Group, Tag, Assign)

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

Social Analytics Lifecycle (5 Stages)

slide-47
SLIDE 47

47

  • 1. Discover
  • 2. Analyze
  • 3. Segment
  • 4. Strategy
  • 5. Execution

Distill relevant signal from social noise

Social Web

(blogs, social networks, forums/message boards, Video/phone sharing)

Insights drive focused business strategies

Innovation

Future Direction

Reputation

Management

Campaigns

Customer Satisfaction

Improvements

CRM Data Segmentation (Filter, Group, Tag, Assign)

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

Social Analytics Lifecycle (5 Stages)

slide-48
SLIDE 48

48

Source: Chuck Hemann and Ken Burbary, Digital Marketing Analytics: Making Sense of Consumer Data in a Digital World, Que. 2013

  • 1. Discover
  • 2. Analyze
  • 3. Segment
  • 4. Strategy
  • 5. Execution

Distill relevant signal from social noise

Social Web

(blogs, social networks, forums/message boards, Video/phone sharing)

Data Segmentation (Filter, Group, Tag, Assign) Insights drive focused business strategies

Innovation

Future Direction

Reputation

Management

Campaigns

Customer Satisfaction

Improvements

CRM

Social Analytics Lifecycle (5 Stages)

slide-49
SLIDE 49

How consumers think, feel, and act

49

Source: Philip Kotler & Kevin Lane Keller, Marketing Management, 14th ed., Pearson, 2012

slide-50
SLIDE 50

Emotions

50 Source: Bing Liu (2011) , “Web Data Mining: Exploring Hyperlinks, Contents, and Usage Data,” Springer, 2nd Edition,

Love Joy Surprise Anger Sadness Fear

slide-51
SLIDE 51

Maslow’s Hierarchy of Needs

51

Source: Philip Kotler & Kevin Lane Keller, Marketing Management, 14th ed., Pearson, 2012

slide-52
SLIDE 52

Maslow’s hierarchy of human needs

(Maslow, 1943)

52

Source: Backer & Saren (2009), Marketing Theory: A Student Text, 2nd Edition, Sage

slide-53
SLIDE 53

53

Source: http://sixstoriesup.com/social-psyche-what-makes-us-go-social/

Maslow’s Hierarchy of Needs

slide-54
SLIDE 54

Social Media Hierarchy of Needs

54

Source: http://2.bp.blogspot.com/_Rta1VZltiMk/TPavcanFtfI/AAAAAAAAACo/OBGnRL5arSU/s1600/social-media-heirarchy-of-needs1.jpg
slide-55
SLIDE 55

55 Source: http://www.pinterest.com/pin/18647785930903585/

Social Media Hierarchy of Needs

slide-56
SLIDE 56

The Social Feedback Cycle Consumer Behavior on Social Media

56

Awareness Consideration Use Form Opinion

Purchase

Talk

User-Generated Marketer-Generated

Source: Evans et al. (2010), Social Media Marketing: The Next Generation of Business Engagement

slide-57
SLIDE 57

The New Customer Influence Path

57

Awareness Consideration

Purchase

Source: Evans et al. (2010), Social Media Marketing: The Next Generation of Business Engagement

slide-58
SLIDE 58

58

Attensity: Track social sentiment across brands and competitors

http://www.attensity.com/

http://www.youtube.com/watch?v=4goxmBEg2Iw#!

slide-59
SLIDE 59

Sentiment Analysis vs. Subjectivity Analysis

59

Positive Negative Neutral Objective Subjective Sentiment Analysis Subjectivity Analysis

slide-60
SLIDE 60

Example of SentiWordNet

POS ID PosScore NegScore SynsetTerms Gloss a 00217728 0.75 beautiful#1 delighting the senses or exciting intellectual or emotional admiration; "a beautiful child"; "beautiful country"; "a beautiful painting"; "a beautiful theory"; "a beautiful party“ a 00227507 0.75 best#1 (superlative of `good') having the most positive qualities; "the best film of the year"; "the best solution"; "the best time for planting"; "wore his best suit“ r 00042614 0.625 unhappily#2 sadly#1 in an unfortunate way; "sadly he died before he could see his grandchild“ r 00093270 0.875 woefully#1 sadly#3 lamentably#1 deplorably#1 in an unfortunate or deplorable manner; "he was sadly neglected"; "it was woefully inadequate“ r 00404501 0.25 sadly#2 with sadness; in a sad manner; "`She died last night,' he said sadly"

60

slide-61
SLIDE 61

Summary

  • Consumer Psychology and Behavior on Social

Media

  • Social Media Marketing Analytics

– Social Media Listening – Search Analytics – Content Analytics – Engagement Analytics

  • Social Analytics Lifecycle

61

slide-62
SLIDE 62

References

  • Chuck Hemann and Ken Burbary, Digital Marketing Analytics:

Making Sense of Consumer Data in a Digital World, Que. 2013

  • Dave Evans, Susan Bratton, and Jake McKee, Social Media

Marketing: The Next Generation of Business Engagement, , Sybex, 2010

  • Liana Evans, Social Media Marketing: Strategies for Engaging

in Facebook, Twitter & Other Social Media, Que, 2010.

  • Hiroshi Ishikawa, Social Big Data Mining Hardcover, CRC Press,

2015

  • Data Science for Business: What you need to know about data

mining and data-analytic thinking, Foster Provost and Tom Fawcett, O'Reilly, 2013

62

slide-63
SLIDE 63

63

Text Mining and Analytics Technology

(文字探勘分析技術)

Min-Yuh Day 戴敏育 Assistant Professor 專任助理教授

  • Dept. of Information Management, Tamkang University

淡江大學 資訊管理學系

http://mail. tku.edu.tw/myday/ 2016-07

Tamkang University

slide-64
SLIDE 64

Outline

  • Text Mining

– Differentiate between text mining, Web mining and data mining

  • Natural Language Processing (NLP)
  • Text Mining Tools and Applications

64

slide-65
SLIDE 65

Text Mining and Analytics Technology

65

slide-66
SLIDE 66

Text Mining Techniques

66

slide-67
SLIDE 67

Natural Language Processing (NLP)

67

slide-68
SLIDE 68

Text Mining

68

http://www.amazon.com/Text-Mining-Applications-Michael-Berry/dp/0470749822/

slide-69
SLIDE 69

Web Mining and Social Networking

69

http://www.amazon.com/Web-Mining-Social-Networking-Applications/dp/1441977341

slide-70
SLIDE 70

Mining the Social Web: Analyzing Data from Facebook, Twitter, LinkedIn, and Other Social Media Sites

70

http://www.amazon.com/Mining-Social-Web-Analyzing-Facebook/dp/1449388345

slide-71
SLIDE 71

Web Data Mining:

Exploring Hyperlinks, Contents, and Usage Data

71

http://www.amazon.com/Web-Data-Mining-Data-Centric-Applications/dp/3540378812

slide-72
SLIDE 72

Search Engines: Information Retrieval in Practice

72

http://www.amazon.com/Search-Engines-Information-Retrieval-Practice/dp/0136072240

slide-73
SLIDE 73

Christopher D. Manning and Hinrich Schütze (1999),

Foundations of Statistical Natural Language Processing,

The MIT Press

73 http://www.amazon.com/Foundations-Statistical-Natural-Language-Processing/dp/0262133601

slide-74
SLIDE 74

Steven Bird, Ewan Klein and Edward Loper (2009),

Natural Language Processing with Python,

O'Reilly Media

74 http://www.amazon.com/Natural-Language-Processing-Python-Steven/dp/0596516495

slide-75
SLIDE 75

Natural Language Processing with Python

– Analyzing Text with the Natural Language Toolkit

75

http://www.nltk.org/book/

slide-76
SLIDE 76

Nitin Hardeniya (2015), NLTK Essentials, Packt Publishing

76 http://www.amazon.com/NLTK-Essentials-Nitin-Hardeniya/dp/1784396907

slide-77
SLIDE 77

Text Mining (text data mining)

the process of deriving high-quality information from text

77

http://en.wikipedia.org/wiki/Text_mining

slide-78
SLIDE 78

Typical Text Mining Tasks

  • Text categorization
  • Text clustering
  • Concept/entity extraction
  • Production of granular taxonomies
  • Sentiment analysis
  • Document summarization
  • Entity relation modeling

– i.e., learning relations between named entities.

78

http://en.wikipedia.org/wiki/Text_mining

slide-79
SLIDE 79

Web Mining

  • Web mining

– discover useful information or knowledge from the Web hyperlink structure, page content, and usage data.

  • Three types of web mining tasks

– Web structure mining – Web content mining – Web usage mining

79

Source: Bing Liu (2009) Web Data Mining: Exploring Hyperlinks, Contents, and Usage Data

slide-80
SLIDE 80

Text Mining Concepts

  • 85-90 percent of all corporate data is in some kind of

unstructured form (e.g., text)

  • Unstructured corporate data is doubling in size every

18 months

  • Tapping into these information sources is not an option,

but a need to stay competitive

  • Answer: text mining

– A semi-automated process of extracting knowledge from unstructured data sources – a.k.a. text data mining or knowledge discovery in textual databases

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 80

slide-81
SLIDE 81

Data Mining versus Text Mining

  • Both seek for novel and useful patterns
  • Both are semi-automated processes
  • Difference is the nature of the data:

– Structured versus unstructured data – Structured data: in databases – Unstructured data: Word documents, PDF files, text excerpts, XML files, and so on

  • Text mining – first, impose structure to the data,

then mine the structured data

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 81

slide-82
SLIDE 82

Text Mining Concepts

  • Benefits of text mining are obvious especially in

text-rich data environments

– e.g., law (court orders), academic research (research articles), finance (quarterly reports), medicine (discharge summaries), biology (molecular interactions), technology (patent files), marketing (customer comments), etc.

  • Electronic communization records (e.g., Email)

– Spam filtering – Email prioritization and categorization – Automatic response generation

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 82

slide-83
SLIDE 83

Text Mining Application Area

  • Information extraction
  • Topic tracking
  • Summarization
  • Categorization
  • Clustering
  • Concept linking
  • Question answering

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 83

slide-84
SLIDE 84

Text Mining Terminology

  • Unstructured or semistructured data
  • Corpus (and corpora)
  • Terms
  • Concepts
  • Stemming
  • Stop words (and include words)
  • Synonyms (and polysemes)
  • Tokenizing

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 84

slide-85
SLIDE 85

Text Mining Terminology

  • Term dictionary
  • Word frequency
  • Part-of-speech tagging (POS)
  • Morphology
  • Term-by-document matrix (TDM)

– Occurrence matrix

  • Singular Value Decomposition (SVD)

– Latent Semantic Indexing (LSI)

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 85

slide-86
SLIDE 86

Natural Language Processing (NLP)

  • Structuring a collection of text

– Old approach: bag-of-words – New approach: natural language processing

  • NLP is …

– a very important concept in text mining – a subfield of artificial intelligence and computational linguistics – the studies of "understanding" the natural human language

  • Syntax versus semantics based text mining

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 86

slide-87
SLIDE 87

Natural Language Processing (NLP)

  • What is “Understanding” ?

– Human understands, what about computers? – Natural language is vague, context driven – True understanding requires extensive knowledge of a topic – Can/will computers ever understand natural language the same/accurate way we do?

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 87

slide-88
SLIDE 88

Natural Language Processing (NLP)

  • Challenges in NLP

– Part-of-speech tagging – Text segmentation – Word sense disambiguation – Syntax ambiguity – Imperfect or irregular input – Speech acts

  • Dream of AI community

– to have algorithms that are capable of automatically reading and obtaining knowledge from text

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 88

slide-89
SLIDE 89

Natural Language Processing (NLP)

  • WordNet

– A laboriously hand-coded database of English words, their definitions, sets of synonyms, and various semantic relations between synonym sets – A major resource for NLP – Need automation to be completed

  • Sentiment Analysis

– A technique used to detect favorable and unfavorable

  • pinions toward specific products and services

– CRM application

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 89

slide-90
SLIDE 90

NLP Task Categories

  • Information retrieval (IR)
  • Information extraction (IE)
  • Named-entity recognition (NER)
  • Question answering (QA)
  • Automatic summarization
  • Natural language generation and understanding (NLU)
  • Machine translation (ML)
  • Foreign language reading and writing
  • Speech recognition
  • Text proofing
  • Optical character recognition (OCR)

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 90

slide-91
SLIDE 91

Text Mining Applications

  • Marketing applications

– Enables better CRM

  • Security applications

– ECHELON, OASIS – Deception detection (…)

  • Medicine and biology

– Literature-based gene identification (…)

  • Academic applications

– Research stream analysis

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 91

slide-92
SLIDE 92

Text Mining Applications

  • Application Case: Mining for Lies
  • Deception detection

– A difficult problem – If detection is limited to only text, then the problem is even more difficult

  • The study

– analyzed text based testimonies of person of interests at military bases – used only text-based features (cues)

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 92

slide-93
SLIDE 93

Text Mining Applications

  • Application Case: Mining for Lies

Statements Transcribed for Processing Text Processing Software Identified Cues in Statements Statements Labeled as Truthful or Deceptive By Law Enforcement Text Processing Software Generated Quantified Cues Classification Models Trained and Tested on Quantified Cues Cues Extracted & Selected

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 93

slide-94
SLIDE 94

Text Mining Applications

  • Application Case: Mining for Lies

Category Example Cues Quantity Verb count, noun-phrase count, ... Complexity

  • Avg. no of clauses, sentence length, …

Uncertainty Modifiers, modal verbs, ... Nonimmediacy Passive voice, objectification, ... Expressivity Emotiveness Diversity Lexical diversity, redundancy, ... Informality Typographical error ratio Specificity Spatiotemporal, perceptual information … Affect Positive affect, negative affect, etc.

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 94

slide-95
SLIDE 95

Text Mining Applications

  • Application Case: Mining for Lies

– 371 usable statements are generated – 31 features are used – Different feature selection methods used – 10-fold cross validation is used – Results (overall % accuracy)

  • Logistic regression

67.28

  • Decision trees

71.60

  • Neural networks

73.46

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 95

slide-96
SLIDE 96

Text Mining Applications

(gene/protein interaction identification)

Gene/ Protein 596 12043 24224 281020 42722 397276 D007962 D 016923 D 001773 D019254 D044465 D001769 D002477 D003643 D016158

185 8 51112 9 23017 27 5874 2791 8952 1623 5632 17 8252 8 2523 NN IN NN IN VBZ IN JJ JJ NN NN NN CC NN IN NN NP PP NP NP PP NP NP PP NP

Ontology Word POS Shallow Parse

... expression of Bcl-2 is correlated with insufficient white blood cell death and activation of p53.

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 96

slide-97
SLIDE 97

Text Mining Process

Extract knowledge from available data sources A0 Unstructured data (text) Structured data (databases) Context-specific knowledge Software/hardware limitations Privacy issues Tools and techniques Domain expertise Linguistic limitations

Context diagram for the text mining process

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 97

slide-98
SLIDE 98

Text Mining Process

Establish the Corpus: Collect & Organize the Domain Specific Unstructured Data Create the Term- Document Matrix: Introduce Structure to the Corpus Extract Knowledge: Discover Novel Patterns from the T-D Matrix

The inputs to the process includes a variety of relevant unstructured (and semi- structured) data sources such as text, XML, HTML, etc. The output of the Task 1 is a collection of documents in some digitized format for computer processing The output of the Task 2 is a flat file called term-document matrix where the cells are populated with the term frequencies The output of Task 3 is a number of problem specific classification, association, clustering models and visualizations Task 1 Task 2 Task 3 Feedback Feedback

The three-step text mining process

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 98

slide-99
SLIDE 99

Text Mining Process

  • Step 1: Establish the corpus

– Collect all relevant unstructured data (e.g., textual documents, XML files, emails, Web pages, short notes, voice recordings…) – Digitize, standardize the collection (e.g., all in ASCII text files) – Place the collection in a common place (e.g., in a flat file, or in a directory as separate files)

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 99

slide-100
SLIDE 100

Text Mining Process

  • Step 2: Create the Term–by–Document Matrix

investment risk project management software engineering development 1 SAP ... Document 1 Document 2 Document 3 Document 4 Document 5 Document 6 ... Documents Terms 1 1 1 2 1 1 1 3 1

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 100

slide-101
SLIDE 101

Text Mining Process

  • Step 2: Create the Term–by–Document Matrix

(TDM), cont.

– Should all terms be included?

  • Stop words, include words
  • Synonyms, homonyms
  • Stemming

– What is the best representation of the indices (values in cells)?

  • Row counts; binary frequencies; log frequencies;
  • Inverse document frequency

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 101

slide-102
SLIDE 102

Text Mining Process

  • Step 2: Create the Term–by–Document Matrix

(TDM), cont.

– TDM is a sparse matrix. How can we reduce the dimensionality of the TDM?

  • Manual - a domain expert goes through it
  • Eliminate terms with very few occurrences in very few

documents (?)

  • Transform the matrix using singular value

decomposition (SVD)

  • SVD is similar to principle component analysis

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 102

slide-103
SLIDE 103

Text Mining Process

  • Step 3: Extract patterns/knowledge

– Classification (text categorization) – Clustering (natural groupings of text)

  • Improve search recall
  • Improve search precision
  • Scatter/gather
  • Query-specific clustering

– Association – Trend Analysis (…)

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 103

slide-104
SLIDE 104

Text Mining Application

(research trend identification in literature)

  • Mining the published IS literature

– MIS Quarterly (MISQ) – Journal of MIS (JMIS) – Information Systems Research (ISR) – Covers 12-year period (1994-2005) – 901 papers are included in the study – Only the paper abstracts are used – 9 clusters are generated for further analysis

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 104

slide-105
SLIDE 105

Text Mining Application

(research trend identification in literature)

Journal

Year Author(s) Title Vol/No Pages Keywords Abstract MISQ 2005

  • A. Malhotra,
  • S. Gosain and
  • O. A. El Sawy

Absorptive capacity configurations in supply chains: Gearing for partner- enabled market knowledge creation 29/1 145-187 knowledge management supply chain absorptive capacity interorganizational information systems configuration approaches The need for continual value innovation is driving supply chains to evolve from a pure transactional focus to leveraging interorganizational partner ships for sharing ISR 1999

  • D. Robey and
  • M. C. Boudreau

Accounting for the contradictory

  • rganizational

consequences of information technology: Theoretical directions and methodological implications 2-Oct 167-185 organizational transformation impacts of technology

  • rganization theory

research methodology intraorganizational power electronic communication mis implementation culture systems Although much contemporary thought considers advanced information technologies as either determinants or enablers

  • f radical organizational

change, empirical studies have revealed inconsistent findings to support the deterministic logic implicit in such arguments. This paper reviews the contradictory JMIS 2001

  • R. Aron and
  • E. K. Clemons

Achieving the optimal balance between investment in quality and investment in self- promotion for information products 18/2 65-88 information products internet advertising product positioning signaling signaling games When producers of goods (or services) are confronted by a situation in which their offerings no longer perfectly match consumer preferences, they must determine the extent to which the advertised features of … … … … … … … …

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 105

slide-106
SLIDE 106

Text Mining Application

(research trend identification in literature)

YEAR No of Articles

CLUSTER: 1 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 5 10 15 20 25 30 35 CLUSTER: 2 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 CLUSTER: 3 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 CLUSTER: 4 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 5 10 15 20 25 30 35 CLUSTER: 5 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 CLUSTER: 6 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 CLUSTER: 7 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 5 10 15 20 25 30 35 CLUSTER: 8 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 CLUSTER: 9 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 106

slide-107
SLIDE 107

Text Mining Application

(research trend identification in literature)

JOURNAL No of Articles

CLUSTER: 1 ISR JMIS MISQ 10 20 30 40 50 60 70 80 90 100 CLUSTER: 2 ISR JMIS MISQ CLUSTER: 3 ISR JMIS MISQ CLUSTER: 4 ISR JMIS MISQ 10 20 30 40 50 60 70 80 90 100 CLUSTER: 5 ISR JMIS MISQ CLUSTER: 6 ISR JMIS MISQ CLUSTER: 7 ISR JMIS MISQ 10 20 30 40 50 60 70 80 90 100 CLUSTER: 8 ISR JMIS MISQ CLUSTER: 9 ISR JMIS MISQ

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 107

slide-108
SLIDE 108

Text Mining Tools

  • Commercial Software Tools

– SPSS PASW Text Miner – SAS Enterprise Miner – Statistica Data Miner – ClearForest, …

  • Free Software Tools

– RapidMiner – GATE – Spy-EM, …

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 108

slide-109
SLIDE 109

SAS Text Analytics

109

https://www.youtube.com/watch?v=l1rYdrRCZJ4

slide-110
SLIDE 110

Web Mining Overview

  • Web is the largest repository of data
  • Data is in HTML, XML, text format
  • Challenges (of processing Web data)

– The Web is too big for effective data mining – The Web is too complex – The Web is too dynamic – The Web is not specific to a domain – The Web has everything

  • Opportunities and challenges are great!

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 110

slide-111
SLIDE 111

Web Mining

  • Web mining (or Web data mining) is the process of

discovering intrinsic relationships from Web data (textual, linkage, or usage)

Web Mining Web Structure Mining Source: the unified resource locator (URL) links contained in the Web pages Web Content Mining Source: unstructured textual content of the Web pages (usually in HTML format) Web Usage Mining Source: the detailed description of a Web site’s visits (sequence

  • f clicks by sessions)

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 111

slide-112
SLIDE 112

Web Content/Structure Mining

  • Mining of the textual content on the Web
  • Data collection via Web crawlers
  • Web pages include hyperlinks

– Authoritative pages – Hubs – hyperlink-induced topic search (HITS) alg

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 112

slide-113
SLIDE 113

Web Usage Mining

  • Extraction of information from data generated

through Web page visits and transactions…

– data stored in server access logs, referrer logs, agent logs, and client-side cookies – user characteristics and usage profiles – metadata, such as page attributes, content attributes, and usage data

  • Clickstream data
  • Clickstream analysis

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 113

slide-114
SLIDE 114

Web Usage Mining

  • Web usage mining applications

– Determine the lifetime value of clients – Design cross-marketing strategies across products. – Evaluate promotional campaigns – Target electronic ads and coupons at user groups based

  • n user access patterns

– Predict user behavior based on previously learned rules and users' profiles – Present dynamic information to users based on their interests and profiles…

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 114

slide-115
SLIDE 115

Web Usage Mining

(clickstream analysis)

Weblogs Website

Pre-Process Data Collecting Merging Cleaning Structuring

  • Identify users
  • Identify sessions
  • Identify page views
  • Identify visits

Extract Knowledge Usage patterns User profiles Page profiles Visit profiles Customer value

How to better the data How to improve the Web site How to increase the customer value

User / Customer

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 115

slide-116
SLIDE 116

Web Mining Success Stories

  • Amazon.com, Ask.com, Scholastic.com, …
  • Website Optimization Ecosystem

Web Analytics Voice of Customer Customer Experience Management Customer Interaction

  • n the Web

Analysis of Interactions Knowledge about the Holistic View of the Customer

Source: Turban et al. (2011), Decision Support and Business Intelligence Systems 116

slide-117
SLIDE 117

117

歐巴馬(Nb) 是(SHI) 美國(Nc) 的(DE) 一(Neu) 位(Nf) 總統(Na)

歐巴馬是美國的一位總統 http://ckipsvr.iis.sinica.edu.tw/

CKIP 中研院中文斷詞系統

slide-118
SLIDE 118

118

https://tw.news.yahoo.com/%E6%8A%97%E6%B0%A3%E5%80%99%E8%AE%8A%E9%81%B7- %E7%99%BD%E5%AE%AE%E7%B1%B2%E6%8E%A1%E7%B7%8A%E6%80%A5%E8%A1%8C%E5%8B%95-145804493.html

抗氣候變遷 白宮籲採緊急行動 中央社中央社 – 2014年5月6日 下午10:58 (中央社華盛頓6日綜合外電報導)白宮今天公布 全球暖化對全美及美國經濟關鍵產業造成何種衝 擊的新報告,呼籲採取緊急行動對抗氣候變遷。 這份為期4年的調查警告,極端氣候事件將對住家 、基礎設施及產業帶來嚴重威脅。 美國總統歐巴馬2008年當選總統時曾在競選造勢 時誓言,要讓美國成為對抗氣候變遷與相關「安全 威脅」的領頭羊。 但歐巴馬在任上一直未能說服美國國會採取重大 行動。 在本週對這項議題採取的新作為中,歐巴馬今天 將與數名氣象學家接受電視訪問,討論美國全國 氣候評估第3版調查結果。 美國數百名來自政府與民間的頂尖氣候科學家及 技術專家,共同投入這項研究,檢視氣候變遷對當 今帶來的衝擊並預測將對下個世紀帶來何種影響 。 研究人員警告,加州可能發生旱災、奧克拉荷馬州 發生草原大火,東岸則可能遭遇海平面上升,尤其 佛羅里達,而這些事件多為人類造成。 海平面上升也將吞噬密西西比等低窪地區。 至於超過8000萬人居住且擁有全美部分成長最快 都會區的東南部與加勒比海區,「海平面上升加上 其他與氣候變遷有關的衝擊,以及地層下陷等既 有問題,將對經濟和生態帶來重大影響」。 報告並說:「過去被認為是遙遠未來議題的氣候變 遷,已著實成為當前議題。」(譯者:中央社蔡佳伶) 1030506

中文文字處理:中文斷詞

slide-119
SLIDE 119

119

http://ckipsvr.iis.sinica.edu.tw/

CKIP 中研院中文斷詞系統

slide-120
SLIDE 120

120

http://ckipsvr.iis.sinica.edu.tw/

CKIP 中研院中文斷詞系統

slide-121
SLIDE 121

121

http://nlp.stanford.edu/software/index.shtml

Stanford NLP Software

slide-122
SLIDE 122

122

http://nlp.stanford.edu:8080/corenlp/process Stanford CoreNLP

slide-123
SLIDE 123

123

Stanford University is located in California. It is a great university.

http://nlp.stanford.edu:8080/corenlp/process

Stanford CoreNLP

slide-124
SLIDE 124

124

Stanford University is located in California. It is a great university.

http://nlp.stanford.edu:8080/corenlp/process

Stanford CoreNLP

slide-125
SLIDE 125

125

http://nlp.stanford.edu:8080/corenlp/process

Stanford CoreNLP

Stanford University is located in California. It is a great university.

slide-126
SLIDE 126

126

http://nlp.stanford.edu:8080/corenlp/process

Stanford CoreNLP

Stanford University is located in California. It is a great university.

slide-127
SLIDE 127

127

http://nlp.stanford.edu:8080/corenlp/process

Stanford CoreNLP

slide-128
SLIDE 128

128

http://nlp.stanford.edu:8080/corenlp/process

slide-129
SLIDE 129

129

http://nlp.stanford.edu:8080/corenlp/process

Stanford CoreNLP

Stanford University is located in California. It is a great university.

slide-130
SLIDE 130

130

http://nlp.stanford.edu:8080/corenlp/process

Stanford CoreNLP

Stanford University is located in California. It is a great university.

slide-131
SLIDE 131

131

http://nlp.stanford.edu:8080/corenlp/process

Stanford CoreNLP

Stanford University is located in California. It is a great university.

slide-132
SLIDE 132

132 Tokens Id Word Lemma Char begin Char end POS NER Normalized NER Speaker 1 Stanford Stanford 8 NNP ORGANIZATION PER0 2 University University 9 19 NNP ORGANIZATION PER0 3 is be 20 22 VBZ O PER0 4 located located 23 30 JJ O PER0 5 in in 31 33 IN O PER0 6 California California 34 44 NNP LOCATION PER0 7 . . 44 45 . O PER0 Parse tree (ROOT (S (NP (NNP Stanford) (NNP University)) (VP (VBZ is) (ADJP (JJ located) (PP (IN in) (NP (NNP California))))) (. .))) Uncollapsed dependencies root ( ROOT-0 , located-4 ) nn ( University-2 , Stanford-1 ) nsubj ( located-4 , University-2 ) cop ( located-4 , is-3 ) prep ( located-4 , in-5 ) pobj ( in-5 , California-6 ) Collapsed dependencies root ( ROOT-0 , located-4 ) nn ( University-2 , Stanford-1 ) nsubj ( located-4 , University-2 ) cop ( located-4 , is-3 ) prep_in ( located-4 , California-6 ) Collapsed dependencies with CC processed root ( ROOT-0 , located-4 ) nn ( University-2 , Stanford-1 ) nsubj ( located-4 , University-2 ) cop ( located-4 , is-3 ) prep_in ( located-4 , California-6 )

Stanford CoreNLP

Stanford University is located in California. It is a great university.

http://nlp.stanford.edu:8080/corenlp/process

slide-133
SLIDE 133

133

http://nlp.stanford.edu:8080/corenlp/process

slide-134
SLIDE 134

NER for News Article

134 Bill Gates no longer Microsoft's biggest shareholder By Patrick M. Sheridan @CNNTech May 2, 2014: 5:46 PM ET Bill Gates sold nearly 8 million shares of Microsoft over the past two days. NEW YORK (CNNMoney) For the first time in Microsoft's history, founder Bill Gates is no longer its largest individual shareholder. In the past two days, Gates has sold nearly 8 million shares of Microsoft (MSFT, Fortune 500), bringing down his total to roughly 330 million. That puts him behind Microsoft's former CEO Steve Ballmer who

  • wns 333 million shares.

Related: Gates reclaims title of world's richest billionaire Ballmer, who was Microsoft's CEO until earlier this year, was one

  • f Gates' first hires.

It's a passing of the torch for Gates who has always been the largest single owner of his company's stock. Gates now spends his time and personal fortune helping run the Bill & Melinda Gates foundation. The foundation has spent $28.3 billion fighting hunger and poverty since its inception back in 1997.

http://money.cnn.com/2014/05/02/technology/gates-microsoft-stock-sale/index.html

slide-135
SLIDE 135

Stanford Named Entity Tagger (NER)

135

http://nlp.stanford.edu:8080/ner/process

slide-136
SLIDE 136

136

Stanford Named Entity Tagger (NER)

http://nlp.stanford.edu:8080/ner/process

slide-137
SLIDE 137

137

Stanford Named Entity Tagger (NER)

http://nlp.stanford.edu:8080/ner/process

slide-138
SLIDE 138

138

Stanford Named Entity Tagger (NER)

http://nlp.stanford.edu:8080/ner/process

slide-139
SLIDE 139

139

Stanford Named Entity Tagger (NER)

http://nlp.stanford.edu:8080/ner/process

slide-140
SLIDE 140

140

Stanford Named Entity Tagger (NER)

http://nlp.stanford.edu:8080/ner/process

slide-141
SLIDE 141

141

Classifier: english.muc.7class.distsim.crf.ser.gz Classifier: english.all.3class.distsim.crf.ser.gz

slide-142
SLIDE 142

142

Bill Gates no longer <ORGANIZATION>Microsoft</ORGANIZATION>'s biggest shareholder By <PERSON>Patrick M. Sheridan</PERSON> @CNNTech <DATE>May 2, 2014</DATE>: 5:46 PM ET Bill Gates sold nearly 8 million shares of <ORGANIZATION>Microsoft</ORGANIZATION> over the past two days. <LOCATION>NEW YORK</LOCATION> (CNNMoney) For the first time in <ORGANIZATION>Microsoft</ORGANIZATION>'s history, founder <PERSON>Bill Gates</PERSON> is no longer its largest individual shareholder. In the <DATE>past two days</DATE>, Gates has sold nearly 8 million shares of <ORGANIZATION>Microsoft</ORGANIZATION> (<ORGANIZATION>MSFT</ORGANIZATION>, Fortune 500), bringing down his total to roughly 330 million. That puts him behind <ORGANIZATION>Microsoft</ORGANIZATION>'s former CEO <PERSON>Steve Ballmer</PERSON> who owns 333 million shares. Related: Gates reclaims title of world's richest billionaire <PERSON>Ballmer</PERSON>, who was <ORGANIZATION>Microsoft</ORGANIZATION>'s CEO until <DATE>earlier this year</DATE>, was one of Gates' first hires. It's a passing of the torch for Gates who has always been the largest single owner of his company's stock. Gates now spends his time and personal fortune helping run the <ORGANIZATION>Bill & Melinda Gates</ORGANIZATION> foundation. The foundation has spent <MONEY>$28.3 billion</MONEY> fighting hunger and poverty since its inception back in <DATE>1997</DATE>.

Stanford NER Output Format: inlineXML

Stanford Named Entity Tagger (NER)

http://nlp.stanford.edu:8080/ner/process

slide-143
SLIDE 143

143

Bill/O Gates/O no/O longer/O Microsoft/ORGANIZATION's/O biggest/O shareholder/O By/O Patrick/PERSON M./PERSON Sheridan/PERSON @CNNTech/O May/DATE 2/DATE,/DATE 2014/DATE:/O 5:46/O PM/O ET/O Bill/O Gates/O sold/O nearly/O 8/O million/O shares/O of/O Microsoft/ORGANIZATION over/O the/O past/O two/O days/O./O NEW/LOCATION YORK/LOCATION

  • LRB-/OCNNMoney/O-RRB-/O For/O the/O first/O time/O in/O Microsoft/ORGANIZATION's/O

history/O,/O founder/O Bill/PERSON Gates/PERSON is/O no/O longer/O its/O largest/O individual/O shareholder/O./O In/O the/O past/DATE two/DATE days/DATE,/O Gates/O has/O sold/O nearly/O 8/O million/O shares/O of/O Microsoft/ORGANIZATION -LRB-/OMSFT/ORGANIZATION,/O Fortune/O 500/O-RRB-/O,/O bringing/O down/O his/O total/O to/O roughly/O 330/O million/O./O That/O puts/O him/O behind/O Microsoft/ORGANIZATION's/O former/O CEO/O Steve/PERSON Ballmer/PERSON who/O owns/O 333/O million/O shares/O./O Related/O:/O Gates/O reclaims/O title/O of/O world/O's/O richest/O billionaire/O Ballmer/PERSON,/O who/O was/O Microsoft/ORGANIZATION's/O CEO/O until/O earlier/DATE this/DATE year/DATE,/O was/O one/O of/O Gates/O'/O first/O hires/O./O It/O's/O a/O passing/O of/O the/O torch/O for/O Gates/O who/O has/O always/O been/O the/O largest/O single/O owner/O of/O his/O company/O's/O stock/O./O Gates/O now/O spends/O his/O time/O and/O personal/O fortune/O helping/O run/O the/O Bill/ORGANIZATION &/ORGANIZATION Melinda/ORGANIZATION Gates/ORGANIZATION foundation/O./O The/O foundation/O has/O spent/O $/MONEY28.3/MONEY billion/MONEY fighting/O hunger/O and/O poverty/O since/O its/O inception/O back/O in/O 1997/DATE./O

Stanford NER Output Format: slashTags

Stanford Named Entity Tagger (NER)

http://nlp.stanford.edu:8080/ner/process

slide-144
SLIDE 144

Summary

  • Text Mining

– Differentiate between text mining, Web mining and data mining

  • Natural Language Processing (NLP)
  • Text Mining Tools and Applications

144

slide-145
SLIDE 145

References

  • Efraim Turban, Ramesh Sharda, Dursun Delen, Decision Support and Business

Intelligence Systems, Ninth Edition, 2011, Pearson.

  • Steven Bird, Ewan Klein and Edward Loper, Natural Language Processing with Python,

2009, O'Reilly Media, http://www.nltk.org/book/ , http://www.nltk.org/book_1ed/

  • Nitin Hardeniya, NLTK Essentials, 2015, Packt Publishing
  • Michael W. Berry and Jacob Kogan, Text Mining: Applications and Theory, 2010, Wiley
  • Guandong Xu, Yanchun Zhang, Lin Li, Web Mining and Social Networking: Techniques

and Applications, 2011, Springer

  • Matthew A. Russell, Mining the Social Web: Analyzing Data from Facebook, Twitter,

LinkedIn, and Other Social Media Sites, 2011, O'Reilly Media

  • Bing Liu, Web Data Mining: Exploring Hyperlinks, Contents, and Usage Data, 2009,

Springer

  • Bruce Croft, Donald Metzler, and Trevor Strohman, Search Engines: Information

Retrieval in Practice, 2008, Addison Wesley, http://www.search-engines-book.com/

  • Christopher D. Manning and Hinrich Schütze, Foundations of Statistical Natural

Language Processing, 1999, The MIT Press

  • Text Mining, http://en.wikipedia.org/wiki/Text_mining

145