On any given day, fire fighters are presented with multiple rescue and firefighting situations. Often first on the scene and the only responder with the necessary tools and training to manage the situation, having the right information to make critical decisions that save property and lives is key to their success.
In today’s enterprise, unstructured information has become one of the most valuable assets of the organization and its rate of growth is staggering. The need to extract information from internal and external sources and integrate it into existing systems for use in key business decisions is critical to successful business outcomes.
Key decisions in healthcare are dependent on the availability and integration of a diverse set of information sources; patient records, physician’s notes, lab results, claim data as well as professional journals. This important information is stored in disparate information repositories, in multiple formats and uses organization, department or group specific language and vocabulary.
Today, financial services organizations need solid information in order to make decisions that drive positive organization, stakeholder and customer outcomes. As the volume of data flowing into financial organizations continues to increase, the ability to rapidly access, manage and make sense of it in order to improve information management, comply with regulatory requirements and transform information into products and services is key to managing risk and improving ROI.
Experts estimate the cost of regulatory compliance in the financial services industry in the UK will reach approximately £17 billion over the next 10 years. Brexit and any efforts to change or eliminate Dodd Frank in the U.S. will exacerbate the issue as changing regulations will only increase workloads.
Nancy Lubin, former CEO of Do Something.org and founder of The Crisis Text Line (CTL) has found a way to help people in crisis and at the same time, leverage the information found in text messages to provide valuable insight to schools, researchers, mental health practitioners and non-profits to help those in need. Crisis Text Line is the first and only national, 24/7 crisis-intervention hotline to conduct its conversations exclusively via text message. Quietly launched in 2013 in Chicago and El Paso, their market grew to incorporate all 295 area codes in the US in 4 months with no marketing.
Smartlogic has been awarded the iNetwork Supplier Excellence Award for its work with Rochdale Metropolitan Borough Council. The Rochdale Metropolitan Borough Council is the local authority of the Metropolitan Borough of Rochdale in Greater Manchester, England. The metropolitan district council, one of ten in Greater Manchester and one of 36 in the metropolitan counties of England, provide the majority of local government services and information for locals, visitors and the business community on their website.
What is an ontology? In simple terms, an ontology is a representational system which defines the concepts, topics, subjects and the relationships within a subject domain. Models such as taxonomies, ontologies, controlled vocabularies and thesauri allow organizations to identify and create a consistent language, which users understand and describes the organization, processes and customers so they can:...
Today whether you operate in capital markets, banking, or the insurance industry, you need solid information to make decisions that drive positive organization, stakeholder and customer outcomes.
The key to managing risk and improving ROI in a world where the amount of digital information continues to explode is dependent upon an organizations ability to rapidly access, manage and make sense of that information. Unfortunately it’s not that simple. Information is scattered throughout the enterprise, is not accessible and each department, group and project uses a language and vocabulary that is unique. The ability to create a common vocabulary, which can be used to apply the context and meaning to all enterprise information and leverage it to support regulatory compliance efforts is key to successful results.
Recently I’ve been trying to explain to some very bright people who have significant knowledge about “data and analytics”, the difference between “relational thinking” and “semantic thinking”. These folks have a deep background in relational data, but very little knowledge of semantics. And like many people, they have sort of conflated “semantic technology” with “Semantic Web” and have mentally consigned the topic to the category of overwrought, futuristic and unrealistic musings.
In today’s enterprise, unstructured information has become one of the most valuable assets of the organization and its rate of growth is staggering. The need to extract information from internal and external sources and integrate it into existing systems for use in key business decisions is critical to successful business outcomes.
Yet without a mechanism to apply context and meaning to information, the enterprise cannot integrate it into their systems. Semaphore, Smartlogic’s semantic platform, has been carefully architected to address this problem.
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