"The ITM's ability to predict product demand in the form of keyphrases and allow businesses and individuals to tap into developing niche markets before the competition was an outstanding achievement."
Middleton, MA (PRWEB) July 29, 2010
The Internet Time Machine was recently invited to participate in Financial News Giant Bloomberg's Real-time Analytics & Technology Evening in London on the 22nd of July, 2010, in the heart of London's Financial District, the City of London, United Kingdom. Senior members of Bloomberg including the Chairman/CEO and the Head of Research & Development delivered presentations addressing Bloomberg's existing technology and how it is the leader in Financial Information Analysis and Delivery to over 400,000 Multi-Billion Dollar Clients in the world today.
On the subject of Research in Text Analytics and Real-time Information Analysis, Heads of Equities/Economics/FX and Research & Development engaged in an interesting and breath-taking debate on the future of Text Analytics and Real-time Market Trends Analysis in the Finance Industry with Ali Khan, Head of Technology at The Internet Time Machine & RankAnalytics.com.
"One of the major challenges we are facing and performing outstandingly well in today is summarizing and analyzing text information from our 1.5 Terabyte+ database of financial corpora and presenting it in the form of non-technical yet financially accurate reports to our client institutions. The challenge lies in performing complex "sentiment" based study of our vast set of financial data and we are constantly improving on our existing methods and procedures in place to improve the quality of such analyses, quality that surpasses our already State-of-the-Art, World Class Financial Information.", said a representative at Bloomberg.
If you don't already who or what Bloomberg is, they are only the World's #1 Financial News & Information Corporation, retaining the #1 spot for several years now.
A representative went on to congratulate RankAnalytics's (The Internet Time Machine's Backend Engine) success with performing the same level of study (known as Entity Extraction in technical terms) on totally different markets such as retail, healthcare, fitness and others, saying that The ITM's ability to predict product demand in the form of keyphrases and allow businesses and individuals to tap into developing niche markets before the competition was an outstanding achievement in the field of niche internet marketing and would empower many businesses far and wide with strong market knowledge in advance of the competition launching their marketing campaigns.