I’m working on a management Discussion and need support to help me learn.

Please read Paper 4: Text Mining Innovation for Business page 49

In this article, two text-mining-related projects from different industries with different challenges are discussed to identify standard procedures and methodologies that can be used. In the gig work sector, one of the partners offers a platform solution for employee recruitment for temporary work. The work assessment is performed using short reviews for which a method for sentiment assessment based on machine learning has been developed. The other partner creates an information extraction service for business documents in the financial advice sector, including insurance policies.

Critically analyze the paper.

Which one of the text mining scenarios is more of a challenge to business?

1. Anonymization
2. Quality of statistical machine learning models
3. Being on the top of new methods or open-source software
4. etc.

Provide your reasoning and rationale behind your choice.

Professor’s Guide:

As you read and assimilate this new trend of managing part of a business, take a close look at the required automation in the extraction of structured information from pdf files. Try to critically analyze the reasoning behind the standard path to innovation in such projects, including business process modeling and the need to implement novel technological solutions.

NOTE:
1. Post your 500-700 word answers
2. Offer at least two 300-400 word comments (replies) to posts from your peers’ discussions