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Angoss KnowledgeREADER Delivers Integrated Customer Intelligence


News provided by

ANGOSS Software Corporation

Apr 08, 2013, 09:15 ET

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New offering combines text discovery and sentiment analysis with the power of predictive analytics

TORONTO, April 8, 2013 /PRNewswire/ - Angoss Software Corporation (Angoss) (TSXV: ANC) today announced KnowledgeREADER™, an industry-first software application that brings a new age of integrated customer intelligence by combining visual text discovery and sentiment analysis with the power of predictive analytics. KnowledgeREADER delivers unparalleled voice of the customer insights to support customer experience management.

The new offering for customer intelligence professionals and marketers enables them to easily understand and model customer feedback from sources including customer surveys, contact center notes, social media (Twitter, Facebook, blogs, forums, etc.), email, and warranty or claims notes, among others. KnowledgeREADER transforms text into visual, actionable insights that propel customer experience management.

Data analysts can extend the use of KnowledgeREADER to merge unstructured and structured data to perform data mining and predictive analytics with additional predictive variables for improved accuracy and exploratory power. Together, voice of the customer data can be integrated from all sources for visual text discovery, and combined with structured data for data mining and predictive modeling.

Unlike pure play text analytics and software as a service (SaaS) offerings, KnowledgeREADER breaks down silos to merge unstructured with structured data, and sentiment and text analysis with data mining and predictive analytics—for integrated customer intelligence. KnowledgeREADER supports a complete customer lifecycle analysis of your marketing, customer relationship management and customer intelligence data in order to design and deploy predictive strategies around customer segmentation, acquisition and retention, cross sell and upsell, next-best-offer and more.

"With this new release," said Sue Feldman, CEO of Synthexis, "Angoss is addressing multiple issues that have hobbled access to customer intelligence: merging text sources with data sources; adding a predictive capability to text analysis; making the tools easy and accessible for non-data specialists to use. Each of these features is certainly available in the market today—separately. It is the tight integration of them that creates a powerful synergy. In particular, good visual tools can break down the barriers that have kept customer engagement experts and marketing professionals from gaining a deeper understanding of their customers."

Angoss is hosting a webinar titled, 'Integrated Customer Intelligence: Text Analysis with the Power of Predictive Analytics' on Tuesday May 7th from 11:00 am to 11:45 am EST. The webinar will demonstrate how KnowledgeREADER delivers unparalleled voice of the customer insights to support customer experience management. Further information and webinar registration is available at http://www.angoss.com/webinar/customer-intelligence-webinar/registration.

KnowledgeREADER —Feature Highlights:

  • Text Discovery Dashboard - Delivers visual insight into sentiment distribution and sentiment across top topics, themes and entities.
  • Sentiment Analysis - Comparison and trend analysis allows users to visually track sentiment over time and detect similarities and differences in sentiment distribution across data sets.
  • Association Discovery - Association Map creates a visual representation to discover how terms are used in relation to each other in order to identify the context surrounding trending themes and topics.
  • Document Exploration - Conduct a drill-down review of specific terms and themes or topics of interest at the document level. Sentiment markup highlights all terms of interest and color codes them based on sentiment.
  • Supports in-database analytics and data and file import from Database, Excel, CSV, HTML, Word, PDF and Outlook PST files.
  • Best-in-class Natural Language Processing (NLP) - Sentiment analysis, classification and entity and theme extraction with multiple language support for English, French, Spanish, Portuguese and German by the embedded Salience Engine from Lexalytics®.
  • Predictive Analytics - Merge the output of text analytics with your structured data to perform data mining and predictive modeling with Angoss best-in-class Decision Trees and Strategy Trees.

"Customer analytics is gaining mainstream adoption with the explosion of big data, social media and changing consumer channel preferences," commented Martin Galligan, President and CEO of Angoss. "Companies who use SaaS providers for social media, sentiment and text analytics are demanding greater control of their customer intelligence decisions. Without the power of data mining and predictive analytics these early to market solutions leave marketing and customer intelligence professionals with more questions than answers. KnowledgeREADER brings unparalled customer intelligence and predictive analytics to these individuals and allows greater flexibility and responsiveness to changing customer needs."

Additional Resources

  • Video: KnowledgeREADER Quick Tour
  • eBook: Text Analytics Beginner's Guide
  • Brochure: Angoss KnowledgeREADER
  • Webinar: Integrated Customer Intelligence, May 7th at 11:00am EST

About Angoss Software Corporation

Angoss is a global leader in delivering predictive analytics to businesses looking to improve performance across sales, marketing and risk. With a suite of desktop, client-server and big data analytics software products and cloud solutions, Angoss delivers powerful approaches to turn information into actionable business decisions and competitive advantage. Angoss software products and solutions are user-friendly and agile, making predictive analytics accessible and easy to use. Many of the world's leading financial services, insurance, retail, health care and information communication and technology organizations use Angoss predictive analytics software products and solutions to grow revenue, increase sales productivity and improve marketing effectiveness while reducing risk and cost. Headquartered in Toronto, Canada, Angoss has offices in the United States and United Kingdom. For more information, visit www.angoss.com.

This press release includes forward-looking statements within the meaning of applicable securities laws.  Forward looking statements relate to analyses and other information that are based on forecasts of future results and estimates of amounts not yet determinable.  These statements may involve, but are not limited to, comments relating to preliminary results, guidance, strategies, expectations, planned operations or future actions.  Forward-looking statements are identified by the use of terms and phrases such as "preliminary", "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", "will", "would", and similar terms and phrases, including references to assumptions.

Forward-looking statements, by their nature, are based on assumptions, including those described herein and are subject to important risks and uncertainties.  Forward-looking statements cannot be relied upon due to, amongst other things, changing external events and general uncertainties of the business.  Actual results may differ materially from results indicated in forward-looking statements due to a number of factors, including without limitation: the risk that the sale of our products and services involves a long sales cycle; the risk that the economic environment and business conditions will remain difficult to predict; the risk of competition in our target markets; the risk that we may not respond adequately to evolving technologies; the risk that we or our customers may have difficulties in introducing our products or services; the risk that we will encounter difficulties in continuing to offer services; the risks of conducting our operations in a variety of international locations; the risks relating to the costs that we may incur as a result of litigation against us; the risk of future capital needs and uncertainty of additional financing; the risk of the need for the Company to manage its planned growth and expansion; the risk of  the effects of product development and need for continued technology change; the risk of protection of proprietary rights; the effect of government regulation and compliance on the Company and the industry; network security risks; the risk of the ability of the Company to maintain properly working systems; the risk of reliance on key personnel; the risk of volatile securities markets impacting security pricing unrelated to operating performance; as well as the factors identified throughout this news release and those identified in section entitled "Risks and Uncertainties" of the Company's MD&A filed on www.sedar.com.  The forward-looking statements contained in this news release represent the Company's expectations as of the date of this news release (or as of the date they are otherwise stated to be made), and are subject to change after such date.  However, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required under applicable securities regulations.

Note: Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE ANGOSS Software Corporation

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