CASRO Honors OdinText’s Innovative Next Generation Text Analytics Software at 40th Annual Conference
OdinText, a provider of cloud-based analytics software, today announced that its Next Generation Text Analytics software-as-a-service (SaaS) product, has been awarded the Research Entrepreneur of the Year award by CASRO, an organization that represents more than 300 companies and market research operations.
The award honors organizations that—through the excellence of their work, professionalism of their practice, and integrity of their conduct— exemplify the best work in the research industry. The award also acknowledges an organization that has introduced a new direction or service to its research business portfolio and provides leading-edge and innovative services that expand traditional market, opinion, and social research.
Recognized for its patented SaaS technology, OdinText allows companies to analyze large amounts of unstructured and mixed data. OdinText can be used across various types of data including but not limited to survey research, email and telephone data, discussion board ratings, and news articles.
“At OdinText, we don’t see a difference between structured and unstructured data - text mining and data mining – they are far more meaningful together,” said Tom H. C. Anderson, CEO of OdinText. “We are honored to be recognized by CASRO, an organization that has such a long history of championing innovative and sound research techniques.”
In addition to exploring patterns in the data and allowing users to confirm hypothesis, OdinText suggests key relationships in the data that may be overlooked by the user. The software also allows for one-step simulation and predictive analytics.
“Marketing research is evolving, getting both broader and deeper in terms of skill sets needed to succeed,” said Jim DeMarco, vice president of business intelligence and analytics at FreshDirect. “OdinText provides researchers with the capability to access more advanced analysis quicker and helps the business they work on gain an information advantage. This is exactly the kind of innovation our industry needs right now.”
The Coca-Cola Company as well as online grocer, FreshDirect sponsored OdinText’s nomination and the company received the award at CASRO’s 40th Annual Conference, in addition to the $5,000 prize.
“The work of OdinText is indicative of the exciting new methodologies and technologies which are having an increased influence on our changing industry,” said Diane Bowers, president of CASRO. “Acknowledgement of this type of work and the financial support that accompanied this honor highlights our role as a leader in the future of our industry.”
About OdinText Inc.
OdinText’s Next Generation Text AnalyticsTM turns market researchers into data scientists. The powerful cloud-based software helps users discover patterns and trends in complex unstructured text data. Visit www.odintext.com to learn more or schedule a demo. Backed by Connecticut Innovations and private investors, OdinText is a privately-held company based in Stamford, Conn. Request more information here.