How a Sentiment Analysis Startup Profits By Checking Emotion in E-mail

 By 
Jennifer Van Grove
 on 
How a Sentiment Analysis Startup Profits By Checking Emotion in E-mail
Mashable Image
Credit:

The feverish early response from users validated the need for product, says Eldridge, who also admits that version one of ToneCheck is a bit too intrusive and cumbersome.

The Microsoft Outlook add-on is currently easy to use, but rather manual in nature. Users first compose their e-mail, then hit "Run ToneCheck," at which point the software analyzes text content and alerts the e-mail sender to phrases that don't meet the user's predefined tone tolerance settings.

The next iteration dramatically improves on that experience with automatic and real-time tone checking -- similar to how spell check works. A Tone Alert bar sits below the e-mail message and visually alerts the writer that the tone of a particular sentence may be too aggressive or upsetting.

Corporate Tone Tolerance

What if there was a way for a corporation to set a baseline for tone that would apply to all outgoing e-mail? Alternatively, what if a business could route inbound messages based on their sentiment? Would the end result be more positive communication, better sales and an improved bottom-line? Eldridge believes so, which is why Lymbix is working on an enterprise product called ToneFilter for just that purpose.

Once completed, ToneFilter will offer businesses company-wide outbound e-mail safeguards and the ability to automatically route inbound messages based on their sentiment to appropriate personnel. The corporation could define an acceptable tone for company e-mail, as well as get a disgruntled customer's e-mail routed to the best customer service representative or an enthusiastic message to a savvy salesman.

The enterprise product will also come with reporting that monitors the tone trends of e-mails across the company.

Money in Emotion

Mashable Image
Credit:

Eldridge says that Lymbix may release a premium, for-charge version of ToneCheck for consumers at a later date, but for now he's content to keep the Outlook add-on free of charge. That's because the company is pulling in revenue from API licensing and several soon-to-be-announced partnerships, according to Eldridge.

"Our core technology is understanding and analyzing the emotion in text communication," says Eldridge. And, that technology is in high demand. "Licensing our API is a very lucrative business for us."

Lymbix strategically choose to build alongside Microsoft's e-mail client to reach the more than 500 million Outlook users, but Eldridge reports that there's been significant interest from partners to build ToneCheck for web-based email programs and social sites like Facebook.

Spell check and grammar check have become like crutches supporting our daily work and communication tasks. Should Lymbix's ToneCheck and API make emotional spell check a commodity we can't live without -- whether it be in e-mail, on social networks or in any other text-based form of communication -- then it will surely have a bright future.

Images courtesy of iStockphoto, ayzek and Flickr, whatsupbuttercup

Sponsored by Microsoft BizSpark

The biggest stories of the day delivered to your inbox.
These newsletters may contain advertising, deals, or affiliate links. By clicking Subscribe, you confirm you are 16+ and agree to our Terms of Use and Privacy Policy.
Thanks for signing up. See you at your inbox!