"We're building systems that make it possible for computers to do what people would normally have done. And that stretches across our entire value creation process," says
Hofmeyr explains that TNS collects information, which it transfers into useful marketing information that clients can use to make strategic management decisions. He points out that the market research company is making use of automation at each step of its value creation process, resulting in more relevant surveys, a much smaller margin of error, a reduction in cost and all-round greater efficiency.
The process begins with the actual collection of data - making decisions about what to collect and how to collect it. Hofmeyr describes how it is possible to set up an automated process to pull required information from a website such as Twitter, by having a computer monitor all activity on the site and dumping any mention of a particular brand into a data store. "The important thing about that kind of information," he explains, "is that you don't have to ask questions to get it - it's just there; you just need to have a system to collect it."
Of course, the more traditional side of data collection continues to revolve around asking people questions. Commenting on this, Hofmeyr says, "There are all sorts of ways in which human beings would traditionally have been involved. You've got to know which people to ask, you have to script the questions. Increasingly, all of that is being automated." In terms of knowing which people to ask, he uses the example of
Data collection is only the first step in TNS's value creation process, however. Probably the area where the market research industry has been most focused when it comes to automation, says Hofmeyr, has been the transformation of data into useful information for the marketer. Simple automation here means that instead of requiring someone to look at the data, turn it into more meaningful tables and use these to develop marketer-friendly visualisations, the automation goes direct from data to visualisations. This is a lot cheaper and requires fewer people. While a human must still specify which numbers should go into the visualisations, it is then up to the computer to pull the numbers and put them into a graphical layout. But where automation really takes off is when the automation doesn't just stop with visualisations. The computer writes actual, grammatically correct reports - without human intervention. Hofmeyr explains, "You can either have quite a rigid system where there are no people involved at all and it just goes straight to the graphical layout and then to the client, or you can have an interactive system where it's really easy to modify what you're seeing and to call for different written reports."
It is clear that Hofmeyr is greatly excited by the automation of the entire market research process. However, the development of software that writes actual, grammatically correct reports based on data collected, is certainly the most ground-breaking innovation - and one that he believes TNS is making use of particularly effectively.
While there are three companies that turn data into basic reports - Narrative Science, Automated Insights and
However, he is quick to point out that while automation removes the human from several steps in the market research process, it is not the case that humans are not needed at all - they simply need more training and a higher skill set. At the very start of the process, people with marketing and market research understanding are needed to write the programming. Further down the line, the human touch is also needed to understand the marketing implications the software provides. This is because, clarifies Hofmeyr, "The machine will highlight all the consequences of what the data is saying, it will outline the different strategies that are open to you, but it won't tell you which strategy you should take."
It is in this instance that TNS's long-standing market research expertise comes into play. Coupled with automating its processes, leading to greater accuracy and efficiency, and with Hofmeyr himself at the helm not only of
TNS advises clients on specific growth strategies around new market entry, innovation, brand switching and stakeholder management, based on long-established expertise and market-leading solutions. With a presence in over 80 countries, TNS has more conversations with the world's consumers than anyone else and understands individual human behaviours and attitudes across every cultural, economic and political region of the world. TNS is part of Kantar, one of the world's largest insight, information and consultancy groups.
Please visit www.tnsglobal.com for more information.
Kantar is the data investment management division of
For further information, please visit us at www.kantar.com.
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