London research software firm, Digital Taxonomy, has secured what it describes as a ‘substantial’ round of investment funding. The company’s proprietary Codeit software automatically codes and analyzes open, unstructured text. Mr. Web brought this interesting information to our attention in their article, “Digital Taxonomy Gets Funds, Staff and New Office.”

The software is mostly utilized to uncover insight from customer comments, survey responses and social media that would previously have been too expensive or slow to analyze.

Behind every great piece of user behavior analysis is a great taxonomy. By collecting events and properties you use to define actions your users can take within your product, you are building the foundation for all future analysis done with your analytics platform.

Those with extensive experience in building taxonomies Innovations knows after working with thousands of customers that instrumenting and maintaining a clean and consistent taxonomy is also one of the most challenging steps to successfully leveraging a product analytics tool.

Access Innovations has extensive experience in constructing taxonomies – large and small. They are one of a very small number of companies able to help its clients generate ANSI/ISO/W3C-compliant taxonomies and associated rule bases for machine-assisted indexing to improve findability.

Melody K. Smith

Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.