Book description
Turn unstructured data into valuable business insight
Unstructured Data Analytics provides an accessible, non-technical introduction to the analysis of unstructured data. Written by global experts in the analytics space, this book presents unstructured data analysis (UDA) concepts in a practical way, highlighting the broad scope of applications across industries, companies, and business functions. The discussion covers key aspects of UDA implementation, beginning with an explanation of the data and the information it provides, then moving into a holistic framework for implementation. Case studies show how real-world companies are leveraging UDA in security and customer management, and provide clear examples of both traditional business applications and newer, more innovative practices.
Roughly 80 percent of today's data is unstructured in the form of emails, chats, social media, audio, and video. These data assets contain a wealth of valuable information that can be used to great advantage, but accessing that data in a meaningful way remains a challenge for many companies. This book provides the baseline knowledge and the practical understanding companies need to put this data to work.
Supported by research with several industry leaders and packed with frontline stories from leading organizations such as Google, Amazon, Spotify, LinkedIn, Pfizer Manulife, AXA, Monster Worldwide, Under Armour, the Houston Rockets, DELL, IBM, and SAS Institute, this book provide a framework for building and implementing a successful UDA center of excellence.
You will learn:
- How to increase Customer Acquisition and Customer Retention with UDA
- The Power of UDA for Fraud Detection and Prevention
- The Power of UDA in Human Capital Management & Human Resource
- The Power of UDA in Health Care and Medical Research
- The Power of UDA in National Security
- The Power of UDA in Legal Services
- The Power of UDA for product development
- The Power of UDA in Sports
- The future of UDA
From small businesses to large multinational organizations, unstructured data provides the opportunity to gain consumer information straight from the source. Data is only as valuable as it is useful, and a robust, effective UDA strategy is the first step toward gaining the full advantage. Unstructured Data Analytics lays this space open for examination, and provides a solid framework for beginning meaningful analysis.
Table of contents
- Cover
- Title Page
- Foreword
- Preface
- Acknowledgments
- CHAPTER 1: The Age of Advanced Business Analytics
- CHAPTER 2: Unstructured Data Analytics
- CHAPTER 3: The Framework to Put UDA to Work
-
CHAPTER 4: How to Increase Customer Acquisition and Retention with UDA
- THE VOICE OF THE CUSTOMER: A GOLDMINE FOR UNDERSTANDING CUSTOMERS
- WHY SHOULD YOU CARE ABOUT UDA FOR CUSTOMER ACQUISITION AND RETENTION?
- PREDICTIVE MODELS AND ONLINE MARKETING
- HOW DOES UDA APPLIED TO CUSTOMER ACQUISITION WORK?
- THE POWER OF UDA FOR E-MAIL RESPONSE AND AD OPTIMIZATION
- HOW TO DRIVE MORE CONVERSION AND ENGAGEMENT WITH UDA APPLIED TO CONTENT
- HOW UDA APPLIED TO CUSTOMER RETENTION (CHURN) WORKS
- WHAT IS UDA APPLIED TO CUSTOMER ACQUISITION?
- WHAT IS UDA APPLIED TO CUSTOMER RETENTION (CHURN)?
- THE POWER OF UDA POWERED BY VIRTUAL AGENT
- BENEFITS OF A VIRTUAL AGENT OR AI ASSISTANT FOR CUSTOMER EXPERIENCE
- BENEFITS AND CASE STUDIES
- APPLYING UDA TO YOUR SOCIAL MEDIA PRESENCE AND NATIVE ADS TO INCREASE ACQUISITIONS
- NOTES
-
CHAPTER 5: The Power of UDA to Improve Fraud Detection and Prevention
- INTRODUCTION
- WHY SHOULD YOU CARE ABOUT UDA FOR FRAUD DETECTION AND PREVENTION?
- BENEFITS OF UDA
- WHAT IS UDA FOR FRAUD?
- HOW UDA WORKS IN FRAUD DETECTION AND PREVENTION
- UDA FRAMEWORK FOR FRAUD DETECTION AND PREVENTION: INSURANCE
- MAJOR FRAUD DETECTION AND PREVENTION TECHNIQUES
- BEST PRACTICES USING UDA FOR FRAUD DETECTION AND PREVENTION
- NOTES
- FURTHER READING
-
CHAPTER 6: The Power of UDA in Human Capital Management
- WHY SHOULD YOU CARE ABOUT UDA IN HUMAN RESOURCES?
- WHAT IS UDA IN HR?
- WHAT IS UDA IN HR REALLY ABOUT?
- THE POWER OF UDA IN ONLINE RECRUITMENT: SUPPLY AND DEMAND EQUATION
- THE POWER OF UDA IN TALENT SOURCING ANALYTICS
- THE POWER OF UDA IN TALENT ACQUISITION ANALYTICS
- ARTIFICIAL INTELLIGENCE AS A HIRING ASSISTANT
- THE POWER OF UDA IN TALENT RETENTION
- EMPLOYEE PERFORMANCE APPRAISAL DATA REVIEW FEEDBACK
- HOW UDA WORKS
- BENEFITS OF UDA IN HR
- CASE STUDIES
- FURTHER READING
- CHAPTER 7: The Power of UDA in the Legal Industry
- CHAPTER 8: The Power of UDA in Healthcare and Medical Research
- CHAPTER 9: The Power of UDA in Product and Service Development
- CHAPTER 10: The Power of UDA in National Security
- CHAPTER 11: The Power of UDA in Sports
-
CHAPTER 12: The Future of Analytics
- HARNESSING THESE EVOLVING TECHNOLOGIES WILL GENERATE BENEFITS
- DATA BECOMES LESS VALUABLE AND ANALYTICS BECOMES MAINSTREAM
- PREDICTIVE ANALYTICS, AI, MACHINE LEARNING, AND DEEP LEARNING BECOME THE NEW STANDARD
- PEOPLE ANALYTICS BECOMES A STANDARD DEPARTMENT IN BUSINESSES
- UDA BECOMES MORE PREVALENT IN CORPORATIONS AND BUSINESSES
- COGNITIVE ANALYTICS EXPANSION
- THE INTERNET OF THINGS EVOLVES TO THE ANALYTICS OF THINGS
- MOOCS AND OPEN SOURCE SOFTWARE AND APPLICATIONS WILL CONTINUE TO EXPLODE
- BLOCKCHAIN AND ANALYTICS WILL SOLVE SOCIAL PROBLEMS
- HUMAN-CENTERED COMPUTING WILL BE NORMALIZED
- DATA GOVERNANCE AND DATA SECURITY WILL REMAIN THE NUMBER-ONE RISK AND THREAT
- NOTES
- FURTHER READING
- APPENDIX A: Tech Corner Details
- About The Author
- Index
- End User License Agreement
Product information
- Title: Unstructured Data Analytics
- Author(s):
- Release date: March 2018
- Publisher(s): Wiley
- ISBN: 9781119129752
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