Micro Focus was among the select companies that Forrester invited to participate in its Q2 2018, Forrester Wave™ evaluation, The Forrester Wave™: AI-Based Text Analytics Platforms. In this evaluation, Micro Focus was cited as a Leader in text analytics. One of the conclusions stated in the aforementioned Forrester Wave report - “Micro Focus IDOL helps clients analyze all unstructured data, not just text. Unstructured data isn't just text, it's also audio, images, and video — and Micro Focus IDOL is the only platform we evaluated that offers comprehensive analytics on all unstructured data types1” – echoes an increasingly critical requirement for an effective analytics practice.
As data comes in wildly diverse formats and sources, organizations often fight an uphill battle of extracting insights from relevant data including unstructured types such as text, image, video and audio. As a result, the quality of decisions is compromised by incomplete information. According to a CISCO’s white paper published in 2017, The Zettabyte Era: Trends and Analysis, “Globally, IP video traffic will be 82 percent of all IP traffic (both business and consumer) by 2021, up from 73 percent in 2016”. As rich media data continues to dominate and increase its share in the overall data landscape, it is clear that organizations need to unlock this massive wealth of information by tapping into ALL unstructured data regardless of formats.
Micro Focus’ uniquely holistic approach to analytics has been adopted by many organizations operating in extremely time-sensitive, high pressure and competitive environments such as Spanish Ministry of Interior for national security, and Xi’an Panorama Data for financial market intelligence. To see how unified unstructured data analytics works, request a live demo.
1: Source: The Forrester Wave™: AI-Based Text Analytics Platforms, Q2 2018, Forrester Research, Inc. June 14, 2018.
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