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Megaputer Intelligence
Utilizing Text Analytics in Your VOC Program: Analyzing Verbatims with PolyAnalyst™ Sergei Ananyan Megaputer Intelligence (812)
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Outline Project Highlights Value of Verbatim Analysis
Historical Process and Need for Text Mining Capabilities of PolyAnalyst™ Text Analysis and Report Generation Benefits of Text Analysis
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Customer: Hospitality Company XYZ
Global leader in development, operations and sales of Vacation Ownership resorts Over $1.5 Billion in sales More than 300,000 Timeshare Club Owners Distinctive resorts with more than 8,000 villas
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XYZ Company Surveys 3 main areas of surveys:
Operations experience Sales and marketing experience Service experience 10 surveys run on a constant basis Mixed structured and open-ended questions Guest Satisfaction Survey (GSS) 100,000 responses per year Sales and Marketing survey 150,000 responses per year
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Guest Satisfaction Survey
Offered to Owners Guests Rental guests Owner exchangers (non-XYZ) Preview package guests 10 open-ended questions accompanying structured questions e.g. What was your overall impression of the resort property? (If rated 7 or below): What causes you to feel that way? Questions follow customer touch-point map Pre-arrival, online, gate house, check-in, wake-up calls, service, landscaping, restaurant, owner’s seminar Goal: provide actionable feedback for onsite managers
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Need for Text Analysis
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Value of Verbatim Analysis
Go beyond structured questions – very limited information Listen to what XYZ customers have to say – in their own words Tie quantitative scores to verbatim comments Provide proactive and actionable means for improvement at the Division, Site, and Regional Level Define what topics are reported at varying levels of satisfaction Assess whether XYZ is asking the right questions
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Historical Text Analysis Process
XYZ was categorizing verbatims from all surveys manually Read each response Manually select categories
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Challenges of Historical Process
Helped create initial Category Map: 4 levels and 217 categories BUT Required a person to read each comment and assign categories Different processes were used; No consistency Slow: it was taking one hour to read and assign 100 comments Reports were manually created Addition of new categories was based on human interpretation To handle the analysis of verbatims, XYZ needed a Text Mining tool
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Requirements for Text Mining Tool
Import survey results data and run word extractions on text Create categories (or buckets) to group similar comments Define patterns for automated text categorization Perform automated categorization of text responses Delineate positive/negative comments Save reusable analysis scenarios for future categorization projects Run extractions against the uncategorized comments
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Requirements for Text Mining Tool
Export categorization results and link back to specific comments The output must be compatible with standard reporting tools Added bonus: a scheduling component At scheduled date/time it would retrieve/categorize data Provide insight into ratings and comments reported For example, which words are most frequently reported when the customer provides a structured score 3 or below? Ability to create a custom thesaurus that would group frequently reported words that relate to the business e.g. room, villa, suite, condo, etc. All these requirements were met by PolyAnalyst™ text mining tool
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PolyAnalyst™ text mining tool
Knowledge discovery tool for business users Easy-to-understand actionable results Data Overload Useful Knowledge PolyAnalyst TM
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Capabilities of PolyAnalyst
Unlocks value hidden in massive volumes of data and text Solves all typical text analysis tasks: Categorization Clustering Taxonomy building Entity extraction Natural language search Multi-dimensional reporting Visual link analysis Enterprise level scalability Visual creation of analysis scenarios Interactive visualization and drill-down Executive reports
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PolyAnalyst extra features
In addition to meeting all requirements of XYZ, PolyAnalyst offered the following extra features: Automated spelling correction Words and patterns search Ability to discover unexpected issues Ability to automatically build taxonomies Dictionary editor for synonyms, abbreviations and stop-words Interactive reports for sharing results with business users Substantial ROI
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Survey Analysis with PolyAnalyst
Generating Reports Data Analyst Collecting & Storing Data Automated Text Analysis Decision Maker
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Step 1. Data Analysis
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PolyAnalyst Analysis Scenario
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Text Categorization
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Text OLAP
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Step 2. Reporting PolyAnalyst for Business Users
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Site Manager’s Report: Food & Beverage
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Site Manager’s Report: Villa Cleanliness
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Benefits of Text Analysis with PolyAnalyst
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Benefits Extracting value from massive volumes of text
Dramatic reduction in the cost of data analysis Increase in quality and speed of the analysis PolyAnalyst successfully categorized 95% of text verbatims The analysis time dropped from 1,000 hours to 10 minutes per survey Automated monitoring of data for known problems Timely discovery of emerging issues and trends Joint analysis of text and structured data Objective and uniform data-driven analysis Delivering interactive report to decision makers
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Return on Investment Guest Satisfaction Survey – 100,000 responses per year (for all questions) XYZ runs 10 surveys annually Manual analysis It takes over an hour to manually process 100 verbatims Manual analysis of all verbatims would take over 10,000 man-hours Projected annual cost of manual analysis of text responses - $500,000 Based on $50 per hour gross cost Projected 5 year cost of manual analysis - $2,500,000 PolyAnalyst analysis Categorization of all verbatims takes an hour of machine time upon the initial taxonomy setup 5 year cost of PolyAnalyst survey analysis process – less than $400,000 5 year PolyAnalyst savings - $2,100,000
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Handled Business Tasks
Survey data analysis Call Center data analysis Repair notes analysis Incident report analysis Claims notes analysis target routing Competitive intelligence Fraud detection Intellectual property research
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Select Customers Government Insurance Financial High Tech
Pharmaceutical Marketing Manufacturing
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Next Steps (812) 330-0110 sananyan@megaputer.com Call or write
120 W Seventh Street, Suite 314 Bloomington, IN USA
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