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Draft:Semantic Visions

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Semantic Visions, s.r.o.
Semantic Visions
Company typelimited liability company
Semantic Visions
IndustryTechnology, Information and Internet
Founded2011
HeadquartersOlivova 2096/4,
Prague 1
,
Czech Republic
Key people
Jan Balatka
Servicesdata analysis, automatic evaluation of data from global media
OwnerPale Fire Capital, Behind Inventions
Number of employees
11 - 50
ParentPale Fire Capital
Websitehttps://www.semantic-visions.com/

Semantic Visions is a Czech company, providing risk monitoring services since 2011. Using semantic analysis, it continuously analyses the new content of several thousand Internet websites in 12 world languages. According to its own presentation, the company is able to cover 90 per cent of the global web news in real-time.[1]

It analyses data from more than 1.1 million articles in 12 languages daily ​​and detects events in them, relating to specific activities, events, or companies, and can track trends and context in them. Its customers mainly include multinational corporations, ensuring the stability of their supply chains;[2] the other activities of Semantic Visions include fighting against disinformation websites. One of the methods used for analysis is the so-called big data.[3]

Past and Present[edit]

Newstin, the predecessor of today's Semantic Visions, was founded by data analyst František Vrabel; after successfully developing a new analytical technology and unsuccessfully attempting to conclude a contract with Intel, the company was impacted by the global financial crisis after 2008 and went bankrupt due to unpaid loans.[2][4]

The company's activities were then resumed in 2011, thanks to the capital of Internet entrepreneur Jan Balatka[4] and it later established cooperation, among others, with the software giant SAP.[2] It also began to focus on exposing disinformation (especially combating Russian propaganda );[3][5][6] after the outbreak of the COVID-19 pandemic in 2020, it collaborated with the Czech Ministry of Health.

As of January 2020, Semantic Visions had three billion web articles in its database and was able to analyse 100 terabytes of data in 12 languages, including major East Asian languages ​​(Chinese,Japanese, Korean). At the time, it employed 30 people, and its annual turnover was less than 100 million Czech korunas.[2]

In 2022, František Vrabel left the management of the company, and Jan Balatka took over the position of CEO. In addition to him, the former managing partner of Deloitte in the country Diana Rádl Rogerová, also a partner in the investment fund Behind Inventions, came on board.[7] The investment group Pale Fire Capital is Semantic Visions' majority shareholder.[8]

Semantic Visions monitors over 220,000 unique web domains, comprising approximately 900,000 resources. The company collects and analyses more than 1.1 million news articles daily from various online global media outlets in 12 languages. The process involves automated resource discovery, classification, evaluation, and assessment of the suitability and viability of each resource.

The company toolset include natural language processing (NLP) for text interpretation. Similar to human reading, it understands elements such as events, entities, themes, sentiments, and motifs. Semantic Visions also employs a proprietary artificial intelligence that can match companies or entities with associated positive or negative events and examines various signals to determine the relevance of each connection. The ontology team tackles issues such as word meaning disambiguation, i.e. resolving the meaning of ambiguous words based on their context, as well as sentiment analysis, which determines the mood expressed in a piece of text, as stated on the company's website in a published interview with the Ontology Department Head Anna Polverari.[9]

Reference[edit]

  1. ^ "About us | Semantic Visions". www.semantic-visions.com. Retrieved 2024-04-10.
  2. ^ a b c d "Češi ze Semantic Visions vidí i budoucnost: Příběh firmy, která globálním gigantům šetří miliardy". SJ.News (in Czech). 2020-01-31. Retrieved 2024-04-10.
  3. ^ a b red (2019-03-10). "Česká společnost Semantic Visions uspěla v Británii a získala grant na vývoj systému pro odhalování dezinformací". Hospodářské noviny (HN.cz) (in Czech). Retrieved 2024-04-10.
  4. ^ a b Redakce. "Semantic Visions Jana Barty odkoupila software a know-how Newstinu". Lupa.cz (in Czech). Retrieved 2024-04-10.
  5. ^ "Více než 90 % dezinformačních webů v Česku jedná ve prospěch Ruska, tvrdí datový analytik Vrabel". Radiožurnál (in Czech). 2020-11-27. Retrieved 2024-04-10.
  6. ^ "Analytik Vrabel: Nepochybuji, že jsme v ruské informační válce a dezinformace jistě ovlivnily vítězství Zemana ve volbách". Plus (in Czech). 2019-04-26. Retrieved 2024-04-10.
  7. ^ Holzman, Ondřej (2022-11-03). "Bývalá šéfka Deloittu míří do technologií. Diana Rádl Rogerová pomůže investorům z PFC v analytické firmě". CzechCrunch (in Czech). Retrieved 2024-04-10.
  8. ^ PFC (2022-11-03). "Posilujeme vedení Semantic Visions". Pale Fire Capital (in Czech). Retrieved 2024-04-10.
  9. ^ "The Benefits of Applying Semantic Visions' Screening and Monitoring Services | Semantic Visions".

External Links[edit]