Kris Hammond is Chief Scientist and co-founder of Narrative Science, a company that uses an artificial intelligence product called Quill to turn boring data and statistics into highly readable stories with a beginning, middle, and end.
Earlier this week we reported on Narrative Science, an artificial intelligence company whose product, Quill, can turn tables of data into a natural language story that you can read as if it were a newspaper article.
The benefit here is that the software near-instantaneously renders numerical data as much more digestible units of understanding — words — without requiring any human supervision.
This has instantly obvious applications in the business world. Why isn’t a certain product selling? Why is a particular retail franchise succeeding or failing? Quill can spin wonky stats into a story that anyone can read so that they can answer these questions without having to dive into alternately boring or scary numbers.
Recent news of a computer program that passed the Turing Test is a great achievement for artificial intelligence (AI). Pulling down the barrier between human and machine has been a decades long holy grail pursuit. Right now, it is a novelty. In the near future, the implications are immense.
The volume of data generated by organizations across any industry, from financial services to advertising, has created a commercial role for Narrative Science’s Quill™ software. Quill starts by understanding what’s important and interesting to report and then analyzes a set of numbers to generate a narrative, making the data intelligible and easy to decipher, digest, and utilize quickly.
It started with a college baseball box score. And an algorithm.
Five years ago, journalism and computer science students at Northwestern University discovered a way to create a computer-generated baseball game story based on the data from a box score. It was incredibly fast, accurate, and sounded just as if a human were writing the game recap.
Narrative Science, the leader in Narrative Analytics, announced today that Gartner Inc., the world’s leading information technology research and advisory company, has recognized the company as a 2014 “Cool Vendor in Smart Machines.”
Technology is inadvertently making great progress in replacing human workers in pretty much every industry, whether it is in accounting, media, marketing, manufacturing or financial services.
Data analytics technology company Narrative Science has launched Quill Engage, a free Google Analytics application that delivers narrative-styled reports.