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Wednesday, January 20, 2010

Listening Platforms

In response to marketers’ changing needs, brand monitoring vendors are evolving to offer a more strategic and comprehensive platform. Forrester refers to this category of vendors as listening platforms. Listening platforms differ from brand monitoring vendors in one fundamental way: They deliver insights to shape marketing strategy rather than simply tracking metrics. Forrester’s evaluation of leading listening platform vendors across 62 criteria revealed an emerging category still maturing in its capabilities and vision. We found that Nielsen BuzzMetrics and TNS Cymfony established early leadership — thanks to their strong balance of data collection, analytics, and consulting services. Dow Jones Insight, J.D. Power & Associates (JDPA), and Visible Technologies are all Strong Performers: Dow Jones Insight for its strong data coverage, JDPA for text mining and market segmentation capabilities, and Visible Technologies for a strong technology backbone. Biz360 is also a Strong Performer with an innovative product offering — Opinions Insight. This study’s sole Contender — Radian6 — lacks the ability to identify sentiment but offers a solution with an easily  customizable user interface tailored for PR teams.

Recommended Read. Click Here to read the report.

1 comments:

Glenn Fannick said...

I work for Dow Jones on the Insight product and others we sell to PR and Corp Comm professionals. We certainly are leveraging our content from Dow Jones Factiva and the free web. We have this running on a text-mining based platform in which we've invests millions of dollars. This technology allows us the unique ability to focus our clients searches precisely at the documents about the issues that matter to them. We do *sentence level co-occurence* of primary subjects and secondary issues -- as well as and sentiment, message tagging, a media index and more. We think this pinpoint control is unique in the industry.