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  • IDG Teams Up With Networked Insights To Sift Through Social Noise

    Mg Siegler

    MG Siegler is a general partner at Google Ventures and a columnist for TechCrunch, where he has been writing since 2009. Previously, MG was a general partner at CrunchFund. And before TechCrunch, MG covered various technology beats for VentureBeat. Originally from Ohio, MG attended the University of Michigan in Ann Arbor, MI. He’s previously lived in Los Angeles where he worked... → Learn More

    Wednesday, November 11th, 2009

    Screen shot 2009-11-11 at 12.30.30 PMFor marketers, social networks offer a goldmine of data about topics and brands. But there’s actually too much data to easily parse for most companies to get at the most valuable data. That’s why IDG has built Social Scout, a new service powered by Networked Insights.

    The idea is to be able to filter through some of the noise associated with social media. This in turn helps b2b marketers learn what people are saying about brands rather than just that they’re talking about them. “It’s significant that they’ve [IDG] chosen an analytical listening tool over a monitoring tool,” says Dan Neely, CEO of Networked Insights.

    Neely goes on to note that a company the size of IDG could have chosen any firm to help them in this work, but clearly they felt Networked Insights offered something unique. The company also counts other big brands such as P&G, Kraft, Fox, McDonalds, Walgreens, and Cisco among its customers.

    And it’s not just about filtering the social data, it’s also that Networked Insights tech provides realtime data, so there’s no need to wait for curated reports to come in. The technology behind this apparently uses both text modeling and pattern recognition to filter messages this quickly.

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