When it comes to extracting valuable information from vast seas of unstructured data, the U.S. government’s intelligence services have been there, done that.
Now the vendors that supply data analytics tools to the government are bringing their expertise to the commercial sector as big data becomes established in the business world. The analytics used by the government can provide a big competitive advantage for many businesses in applications that range from sentiment analysis and market research to risk management and data security. There are also important caveats, and companies need to be careful when drawing lessons from the public sector’s data analytics experience.
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