The disruptometer: an artificial intelligence algorithm for market insights

Social media data mining is rapidly developing to be a mainstream tool for marketing insights in today’s world, due to the abundance of data and often freely accessed information. In this paper, we propose a framework for market research purposes called the Disruptometer. The algorithm uses keywords...

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Main Authors: Wan Nordin, Mimi Aminah, Vedenyapin, Dmitry, Alghifari, Muhammad Fahreza, Gunawan, Teddy Surya
Format: Article
Language:English
English
Published: Universitas Ahmad Dahlan in collaboration with IAES Indonesia Section 2019
Subjects:
Online Access:http://irep.iium.edu.my/73880/
http://irep.iium.edu.my/73880/
http://irep.iium.edu.my/73880/
http://irep.iium.edu.my/73880/1/73880_The%20Disruptometer-%20An%20Artificial%20Intelligence.pdf
http://irep.iium.edu.my/73880/7/73880_The%20disruptometer-An%20artificial%20intelligence%20algorithm%20for%20market%20insights_Scopus.pdf
id iium-73880
recordtype eprints
spelling iium-738802019-11-24T12:01:35Z http://irep.iium.edu.my/73880/ The disruptometer: an artificial intelligence algorithm for market insights Wan Nordin, Mimi Aminah Vedenyapin, Dmitry Alghifari, Muhammad Fahreza Gunawan, Teddy Surya TK7885 Computer engineering Social media data mining is rapidly developing to be a mainstream tool for marketing insights in today’s world, due to the abundance of data and often freely accessed information. In this paper, we propose a framework for market research purposes called the Disruptometer. The algorithm uses keywords to provide different types of market insights from data crawling. The preliminary algorithm data-mines information from Twitter and outputs 2 parameters – Product-to-Market Fit and Disruption Quotient, which is obtained from a brand’s customer value proposition, problem space, and incumbent space. The algorithm has been tested with a venture capitalist portfolio company and market research firm to show high correlated results. Out of 4 brand use cases, 3 obtained identical results with the analysts ‘studies. Universitas Ahmad Dahlan in collaboration with IAES Indonesia Section 2019-09 Article PeerReviewed application/pdf en http://irep.iium.edu.my/73880/1/73880_The%20Disruptometer-%20An%20Artificial%20Intelligence.pdf application/pdf en http://irep.iium.edu.my/73880/7/73880_The%20disruptometer-An%20artificial%20intelligence%20algorithm%20for%20market%20insights_Scopus.pdf Wan Nordin, Mimi Aminah and Vedenyapin, Dmitry and Alghifari, Muhammad Fahreza and Gunawan, Teddy Surya (2019) The disruptometer: an artificial intelligence algorithm for market insights. Bulletin of Electrical Engineering and Informatics, 8 (2). pp. 727-734. ISSN 2302-9285 E-ISSN 2302-9285 http://www.beei.org/index.php/EEI/article/view/1494/1084 10.11591/eei.v8i2.1494
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic TK7885 Computer engineering
spellingShingle TK7885 Computer engineering
Wan Nordin, Mimi Aminah
Vedenyapin, Dmitry
Alghifari, Muhammad Fahreza
Gunawan, Teddy Surya
The disruptometer: an artificial intelligence algorithm for market insights
description Social media data mining is rapidly developing to be a mainstream tool for marketing insights in today’s world, due to the abundance of data and often freely accessed information. In this paper, we propose a framework for market research purposes called the Disruptometer. The algorithm uses keywords to provide different types of market insights from data crawling. The preliminary algorithm data-mines information from Twitter and outputs 2 parameters – Product-to-Market Fit and Disruption Quotient, which is obtained from a brand’s customer value proposition, problem space, and incumbent space. The algorithm has been tested with a venture capitalist portfolio company and market research firm to show high correlated results. Out of 4 brand use cases, 3 obtained identical results with the analysts ‘studies.
format Article
author Wan Nordin, Mimi Aminah
Vedenyapin, Dmitry
Alghifari, Muhammad Fahreza
Gunawan, Teddy Surya
author_facet Wan Nordin, Mimi Aminah
Vedenyapin, Dmitry
Alghifari, Muhammad Fahreza
Gunawan, Teddy Surya
author_sort Wan Nordin, Mimi Aminah
title The disruptometer: an artificial intelligence algorithm for market insights
title_short The disruptometer: an artificial intelligence algorithm for market insights
title_full The disruptometer: an artificial intelligence algorithm for market insights
title_fullStr The disruptometer: an artificial intelligence algorithm for market insights
title_full_unstemmed The disruptometer: an artificial intelligence algorithm for market insights
title_sort disruptometer: an artificial intelligence algorithm for market insights
publisher Universitas Ahmad Dahlan in collaboration with IAES Indonesia Section
publishDate 2019
url http://irep.iium.edu.my/73880/
http://irep.iium.edu.my/73880/
http://irep.iium.edu.my/73880/
http://irep.iium.edu.my/73880/1/73880_The%20Disruptometer-%20An%20Artificial%20Intelligence.pdf
http://irep.iium.edu.my/73880/7/73880_The%20disruptometer-An%20artificial%20intelligence%20algorithm%20for%20market%20insights_Scopus.pdf
first_indexed 2023-09-18T21:44:45Z
last_indexed 2023-09-18T21:44:45Z
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