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While business intelligence (BI) providers have carefully been testing the premise that structured and unstructured information collection and analytics should be merged, none have taken the plunge–until now. That’s changed with the recent announcement by Business Objects that it plans to acquire Inxight Software Inc., a text mining software provider. Inxight offers software that allows companies to glean information from such unstructured text sources as e-mails, a variety of documents, notes fields and Web content, which according to some estimates makes up 80% of all organizational data. Using linguistic analysis and algorithms, Inxight’s software is able to detect patterns, trends and such identifiable items as people, places and things and tag and quantify those items for analysis. “This is the first time that a pure BI vendor has placed a bet on unstructured information–and particularly unstructured analytics,” notes Forrester Research analyst Matt Brown who follows BI software providers.

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