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Alacra Launches PulsePro Data Mining Tool

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Posted March 17, 2010 By Staff     Feedback

The offering extracts pertinent information from both traditional media and social media.

Alacra, Inc. has introduced PulsePro, an application designed to extract pertinent information from Web-based news alerts, headlines and press releases.

"[PulsePro] extracts only pertinent business events, including analyst comments, CEO remarks, M&A rumors and debt restructurings," writes Advanced Trading's Ivy Schmerken.

"The service will gather news and analyst commentary on publicly traded companies from across the Web, filtering both traditional media and alternative/social media (i.e., blogs, Twitter) among others... Alacra PulsePro aims to improve upon existing intelligence gathering solutions with a four-step proprietary process: source selection, event detection, semantic analysis, and human editorial oversight," Schmerken writes.

"The volume of useless information a business professional needs to plow through each day is staggering," says Alacra CEO Steven Goldstein. "By carefully vetting our sources and accurately extracting key business events, PulsePro dramatically improves the signal-to-noise ratio."

Click on the following to read the Advanced Trading article: Alacra Launches PulsePro For News Filtering

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