Provalis Research – a Leader in Text Analytics;Hurwitz Text Analytics Victory Index

Hurwitz and Associates Victory Index recognized Provalis as a leader in Text Analytics, excelling in product value and ROI. The victors include IBM, SAS, OpenText, Clarabridge, and Attensity.

Provalis ResearchProvalis Research text analytics software provides small and large organizations with the means to extract knowledge from unstructured text data. In its 2013 Text Analytics Victory Index Report, Hurwitz & Associates recognizes Provalis Research as a leader in this industry and has awarded them a special mention.

Hurwitz & Associates' research for the Victory Index recognized Provalis for scoring well above its competitors in several dimensions. In particular, Provalis excelled in product value. The company received the highest customer rating in the category of Return on Investment. Customers felt that they received substantial value for their financial and time investments in the software. In addition, Provalis Research received some of the highest scores in ease of use. Customers report that Provalis' tools allow them to quickly and effectively get insight into their data because of the ease of use and flexibility of the software.

Designed as a marketing research assessment tool, the Victory Index selected text analytics companies offering products with strong technical capabilities and rated them on approximately 50 attributes across four dimensions: Vision, Viability, Validity and Value. Hurwitz & Associates applied a rigorous methodology to assess text analytics solutions through customer and vendor surveys and interviews, an online survey of more than one hundred and fifty companies, social media, discussions and other secondary sources.

Among key trends, Hurwitz & Associates see

  • Social media analytics adoption drives text analytics.
  • Text Analytics moves beyond sentiment analysis
  • The market begins to understand the connection between text and Big Data.
  • Integrated information management now includes text.
  • Content Management Systems (CMS) leverage text analytics to automate classification of documents.
  • The notion of semantic enablers begins to gain momentum.

Here is the Text Analytics Victory Index Chart: Hurwitz Text Analytics Victory Index

The Victors include IBM, SAS, OpenText, Clarabridge, and Attensity. The Leaders include Megaputer, Basis Technology, TEMIS, Provalis, and Lexalytics. Alchemy API, Odin Text, and Verint are mentioned in the challengers group.

Here is the Hurwitz Value Point Report on Provalis Research and here is the longer excerpt from Hurwitz Victory Text Analytics report on Provalis Research.

Read more.