Reducing Information Overlaod with Text Mining

KnewCo is a company that has recognized the information overload on the web and has developed a platform with multiple applications that enables a leap in knowledge development. KnewCo recognized that the redundancy, inaccuracy, and blur of information on the web is the barrier to innovation and discovery.

The platform, The Concept Web, uses the process power of computers and the creative power of humans. It can distinguish between facts and statements and even recognize concepts. Once a concept is recognized, the platform assigns each a unique identifier and then builds a comprehensive view around each one. The platform also applies advanced algorithms to show predictive relationships between concepts. The ultimate goal of this company is to be able to provide a unique identifier for every concept in every language.

Once the relationships are formed, the platform can help with the information overload. The units of related concepts are called Knowlets. They show the changing the relationships between each concept. The advantage of the Knowlets is that when you search for a particular item, it will provide you with links for the most current knowledge on the topic. That way, you don’t have to sort through multiple sources when trying to find the most recent information on a topic.

KnewCo has many other applications that help with controlling the information you receive on the web. This platform is great in managing the knowledge of the exponential and uncontrollable expansion of the information on the web.