Dow Using "Text Mining" Technology To Discover Knowledge
Text mining allows Dow to more fully explore complex relationships among the contents of document in textual databases. It also provides a visual interface for documentation. "The analogy we like to use is panning for gold," said Randy Collard of Dow R&D. "If you think of the Internet as a stream, you do not need or want everything that is in that stream, just the gold nuggets. Text mining allows you to find those nuggets of information very effectively. Plus it makes it possible to discover relationships that are not obvious."
Finding The Unexpected
One advantage of text mining is finding both expected and unexpected or hidden relationships. Using this capability Dow can search for new customers, technologies, business partners or marketing trends being revealed in ways previously unavailable.
How Text Mining Works
Text mining should not be confused with traditional Internet search engine tools or database management capabilities. Text mining occurs after a traditional search for documents is completed, in whatever format is used whether full text, abstracts, or indexed terms. Text mining allows for exploration of complex relationships among documents. There is a visual interface, so researchers can actually see what and where significant patterns exist.
ClearForest Technology
ClearForest Technology is a current tool of choice for Dow. While other systems offer different capabilities, there is no single tool available yet that can accommodate the needs of a company the size of Dow. An organized database is a prerequisite for information management tools to be used to their utmost. The best text mining tools are the ones that can extract previously unknown knowledge from unorganized servers. Dow is on the cutting edge in the use of this emerging field.
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