When it comes to crunching numbers, Semantic Vision is bigger than Google News. Semantic constantly downloads from more than 160,000 sources and process more than 800,000 articles per day into 1.3 million semantic categories, running in eleven world languages in parallel. And they have patents in cross-language information retrieval.
Frank Vrabal, President of Semantic Vision, traveled from Czech Republic to Sapphire NOW 2013 to connect with his company’s largest customer, SAP. Oh, and to spread the word about the size and scope of Semantic’s data analysis, which tracks more than 5,000 semantic categories across 1,200 different industries.
How does that help the customer? Frank says that they deliver intelligence that is distributed among the millions of documents that are openly available on the Internet. One example: Semantic’s metadata, which is automatically generated, is being used in the area of supply chain management. Another example – defense and security.
The guys talk about how HANA fits into the picture. Frank says that, due to the size of Semantic’s database, which has 35 terabytes, they needed something more powerful than what was available. The company joined the SAP HANA startup program and is currently working with HANA “very intensively”.
What would constitute a successful year with HANA? Frank wants to fully migrate to subscription-based HANA and to conclude the R&D phase in the algorithmic trading area. Thinking longer term, option could include powering a hedge fund which would leverage semantic analysis.
:40 Semantic performs analysis of 800,000 news articles per day
2:02 Company tracks 5,000 semantic categories across 1,200 different industries
3:04 Data used in the area of supply chain management as well as in defense and security
4:12 Semantic’s database, which has 35 terabytes, needed the power of HANA
4:53 Current R&D project is to find algorithms that can predict changes in financial markets
5:31 EOY goals: Integrate system on HANA & complete R&D phase in algorithmic trading
6:24 Algorithmic trading options are to work with a select few or create larger solution
Disclosure: This video is part of a project commissioned by SAP to amplify startup activity and developer innovation on HANA, mobile, and the SAP cloud.