socialmedian: Timetric Makes Web Data Useful with Time Series Analysis

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Timetric Makes Web Data Useful with Time Series Analysis

Source: ReadWriteWeb

Aug 06, 2009

Summary

A winner at this year's mini-Seedcamp in London, Timetric is an app from Inkling Software, a three-principle shop composed of chemistry and physics PhDs.

The premise is fairly simple: Timetric was created to store, share, and analyze data over time. For predicting trends, proving assertions, or recommending actions, time series analysis is a highly valuable tool. It's Facebook's Lexicon all grown up and actually useful, pulling data from all over the web and querying this huge database to serve significant results..

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Calling to mind truly hot topics such as Facebook's rumored sentiment analysis engine, the parsing of real-time data, and the need for data over facts in modern journalism, Timetric addresses one facet of a growing gap between what information is now available online and to what extent we actually know about what that information means.

Here, one of the principles of Inkling, Andrew Walkingshaw, talks about how time series analysis works.

In our recent post on data in journalism, Marshall Kirkpatrick wrote, "The voracious appetite for data... h

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