| Detroit,
Michigan (Nov. 21, 2002) -Mohomine, Inc., a leading
provider of text processing automation software, today
announced that
its classifier product, mohoClassifier v2.4, has been licensed
by IRI Consultants to Management (IRI). IRI will use
the classifier
to enhance its Issue Identification and Improvement (I3)
Diagnostic, used by companies to assess management issues
and
improve employee/organizational performance and relations.
IRI's
I3 proprietary diagnostic is the foundation of the consulting
firm's qualitative research process to assess human and organizational
performance. The MohoClassifier software is being integrated
into I3 to help IRI drive down the costs of processing research
data, improve the turnaround time on reports, and generally
aid in defining issues to be addressed promptly, before they
become management crises for companies. The mohoClassifier
software will vastly improve the amount of data that can be
sorted per man-hour, while maintaining the accuracy and consistency
of categorization that IRI has perfected in its 23-year history.
IRI
looks at the restraining forces and drivers of opportunities
confronting companies by taking verbatim comments from employees
through a qualitative research questionnaire and focus group
process. These thousands of comments are then manually sorted
into 14 key categories and an additional four levels of depth.
Typically the amount of data that can be reviewed and categorized
manually by one person in one hour is approximately 100 short
comments, with an accuracy rate of 97 percent. In comparison,
Mohomine's software can process over 500,000 comments of 10k
each in that same timeframe, with comparable accuracy.
Tom
Wydra, CTO of IRI said, "Because the mohoClassifier software
recognizes the commonality of patterns instead of looking
at an exact match of words, it is able to assess and sort
the comments very quickly, saving us an immense number of
man-hours. Integrating our taxonomy database and Mohomine's
machine learning has been a walk in the park."
According
to Wydra, the software automatically recognizes the taxonomy,
and can help IRI to identify areas that need to be more specific.
This enables a quick re-categorization, if necessary, to fine-tune
the data - a process that would have been cost-prohibitive
if done manually - and results in even better and more useful
information in their reports to clients. Based on the easy
and rapid integration, IRI expects to deploy the software
within just a few months. Industries serviced by IRI's I3
Diagnostic include the health care, manufacturing, financial,
insurance, retail operations, communications and utilities
industries.
Sameer
Samat, CTO of Mohomine, commented, "IRI has worked many
years to develop the expertise to categorize accurately employee
comments about their workplace and now has a taxonomy database
of over 500,000 comment types. The mohoClassifier is able
to make use of the company's domain expertise to automate
the categorization of this unstructured data, shortening the
training and processing time for analysts. The software converts
unstructured text into actionable intelligence, resulting
in reduced costs and improved efficiencies. Usage in this
application also validates the myriad number of ways the software
can be used."
About
Mohomine
Founded in 1999, privately held Mohomine (www.mohomine.com)
provides text processing automation software that enables
people and organizations to better access and utilize mission-critical
data contained in unstructured text. More than 150 Global
5000 enterprises use Mohomine's products and solutions, including
PeopleSoft, Oracle, and U.S. national security organizations.
Mohomine's licensable extraction and classification technologies
automate the processing of text data via intelligent algorithms
that convert unstructured or semi-structured content to highly
structured XML - driving down text processing costs and enabling
people and organizations to focus on higher value/higher priority
activities.
About
IRI Consultants to Management
IRI, headquartered in Detroit, Michigan, is a management-consulting
firm that provides integrated solutions for a wide range of
human resource and employee relations' issues. Since 1979,
IRI has assisted mid-size to Fortune 500 companies improve their
economic performance through improved human performance. IRI
provides measurement-driven solutions for a multitude of employer
issues, such as leadership development, work redesign, technology
change, knowledge and performance management, and economic
communications. IRI delivers a broad array of products and
services to help companies capture growth, increase financial
performance and improve human performance.
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