2012 Second Presidential Debate WordCloud

We like to do some ad-hoc text analysis from time to time to break things up a bit and work with new tools and software. We’ve done some similar things with Twitter #hashtag text analysis titled Michigan Lean Startup Conf. Twitter Visualizations.

In the spirit of the upcoming election and debates, I thought it would be interesting to put out some something to summarize the words used by both of the candidates in the 2012 Second Presidential Debate on October 16, 2012. We grabbed the text from here. We’re not diving into anything overly complex here but it does put last night’s debate in a different context that we found interesting.

The way the graphic turned out is interesting: president, governor, jobs, thats people. 

Link to the WordCloud: http://solidlogic.com/wp-content/uploads/2012/10/wordcloud_debate_transcript.png

2012 Second Presidential Debate Word Cloud

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How to build a word cloud

The easiest way to build a word cloud is to use one of the great free online tools like Wordle to build the graphic. If you need a more customized approach or need to create something like this in software, you can use several software tools to make it a lot easier. More details to come on the methods and code behind this later on but its based on Python and R, both of which we use quite a bit for data analysis and development projects.   The code for this was created by myself and our CIO, Michael Bommarito. Its based on some of the work he’s previously made available here: Wordcloud of the Arizona et al. v. United States opinion and Archiving Tweets with Python.

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Event: AWS Michigan Meetup (Presenting) – 10/09/12

Legal Informatics w/ CloudSearch & High-Performance Financial Market Apps

Solid Logic’s CEO, Eric Detterman, and CIO, Mike Bommarito, will be presenting at the <a title="AWS Michigan Meetup" href="http://www.awsmichigan doxycycline tablets for acne.org/events/85530922/”>AWS Michigan Meetup at Tech Brewery (map) in Ann Arbor, MI. I’ll be presenting on how we use Amazon Web Services (AWS) in the quantitative financial trading space with a case study and more.

Mike will be presenting on Legal Informatics using AWS CloudSearch. He will also be demonstrating an early prototype of an private enterprise information search and e-discovery application we’re creating. Mike also has a copy of his presentation available here.

Event Date: Tuesday, October 9th, 2012 @ 6:30pm

Event: AWS Michigan Meetup

More info: http://www.awsmichigan.org/events/85530922/

Below is a copy of my presentation so you can view at it at your convenience.

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Michigan Lean Startup Conf. Twitter Visualizations

Today I am out at the Michigan Lean Startup Conference in Grand Rapids, MI. The conference is put on by Momentum…catch us on Twitter @solidlogictech

Our new CIO, Michael Bommarito, created a couple quick visualizations of the activity of the Twitter hashtag for the conference #leanstartupmi. We used a combination of Python and R code to do this. We’ll update the charts after the conference concludes.

Here they are:



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RinFinance Conference Thoughts

Thursday and Friday of this week our new CIO, Michael Bommarito and I were in Chicago for the R in Finance conference. The conference was great, with a lot of very well done presentations. The R project has come a long way and is growing quickly. We use the R language for some of the more complex analytical projects we work on with great results. While the conference subject matter was very specific to the quantitative finance field, there were many things that carry over into other fields. A couple of the main ones are below:

Business Intelligence Labor Market

The Business Intelligence (BI) labor pool for people with skills in Big Data, Business Intelligence and enterprise level statistics and analytics area looks to be small, relative to other IT fields, and seems to be centered within specific geographic areas (NYC, Chicago, Silicon Valley, etc.). The skilled people are in high demand now and wages are up across the board. If your company is outside of these areas or not a large operation with a large budget for BI your options are fairly limited and generally priced accordingly. This tightness is in part due to the large growth this area is seeing, but also the newness of the field and the speed of innovation currently seen.

Commercial Open Source Software

The R project, being an open source project has a wide spectrum of users. At the conference there were people from large, leading hedge funds and investment firms to students and hobbyists. This wide user base seems to be unique to open source software and even more unique is the fact that it all seems to work so well and support different requirements well. Quick example….a student doesn’t have the money to pay for an enterprise level BI software package so he/she doesn’t use it. He/she may use a free or open source alternative product click resources. The enterprise customer generally won’t use an open source product without dedicated technical support or  community support, unless they have in-house talent to fix issues that may come up. This can leave the software project in a bind because of the disparity between the users and then people that would pay money to sustain development.

One solution to this is commercial open source software. Some easy examples of this are Red Hat Linux and MySQL (now part of Oracle). The commercial company gets a potentially large set of available labor to develop and work on the products and the students have a job market open for them with their new skills. The end client ends up with a additional layers of ‘insurance’ and support – from their chosen consulting company, the commercial company supporting the product, and the original the large open source community of free users – generally at a lower cost than in-house developed or proprietary solutions.

This is likely one of the reasons that we’ve seen large growth in the market share of commercial open source software in recent years.

Image courtesy of http://www.flickr.com/photos/opensourceway/5392982007/sizes/o/in/photostream/

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