Lexalytics Announces Text Analytics Suite Availability for Any Computing Environment

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A new press release reports, “Lexalytics®, the leader in ‘words-first’ machine learning and artificial intelligence, announced today that its entire text analytics and natural language processing (NLP) product suite is available for deployment in any computing environment—on-premises; private, public or hybrid cloud; or individual workstation. Previously, the only on-premises option from Lexalytics was its core Salience® text analytics libraries, which are integrated into existing customer or BI applications. Now, Semantria®, the company’s text analytics RESTful API, as well as Lexalytics Intelligence Platform™, a complete application for gathering, processing, modeling, analyzing and visualizing relevant information extracted from unstructured text, can also be deployed on-premises, in addition to a public or private-public cloud hybrid configuration.”

The release continues, “While the majority of text analytics providers offer only a public cloud option, enterprise customers often require on-site, behind-the-firewall deployments for a variety of reasons, including more customizability, higher levels of security, lower levels of latency and when processing very high volumes of text data. Lexalytics has seen its on-premises business grow at twice the rate of its public cloud offering. Industry analyst firm IDC recently reported that spending on private cloud IT infrastructure would grow at approximately 23.3 percent year over year in 2018 and spending on non-cloud IT infrastructure would represent 52.6 percent of the market. We’re seeing a lot of demand from analytics teams within enterprises for a full text analytics stack, not only in the public cloud, but also in on-prem and hybrid environments,” said Jeff Catlin, CEO of Lexalytics. “We’re pleased to be one of the only companies to offer a solution for processing unstructured data for any computer environment.”


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