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May 31, 2007 Business Objects Buys Into Unstructured Information with Inxight Softwareby Matthew Brown, Boris Evelson with Barry Murphy, Shelby Semmes |
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Executive Summary
Business Objects announced its intent to acquire Inxight Software this week — officially validating the convergence of business intelligence applications that rely on both structured and unstructured information. Business intelligence vendors are known for their ability to ingest and analyze structured data from relational databases, surface patterns, and trends that help guide business decisions. Conversely, lesser-known text mining vendors like Inxight specialize in gleaning information from unstructured text — such as emails, documents, blog sites, and Web pages — and then automatically tag and quantify it for analytical purposes. The two capabilities together are a powerful combination for applications like fraud detection, risk management, eDiscovery, quality improvement, and a host of other information-intensive initiatives within organizations.
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