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Updated on: April 20, 2019
What is WordStat ?
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WordStat

Best text mining tool for fraud detection.
★★★★★
★★★★★
(3 Ratings) Write Review

It is a text and content analytics tool that helps you to make timely business decisions. It can process up to 20 million words per minute to identify the user-defined concepts instantly. Moreover, it can be easily integrated with text mining and visualization tools in order to extract themes, to identify patterns and more. It has easy import-export feature, using which it imports databases and documents as well as, it exports text analysis results in HTML, XML and PDF file formats.In addition, it has qualitative coding tool which provides in-depth analysis for your search. It can be mainly used for fraud detection, content extraction and document classification.

WordStat Features Show All Features

WordStat Technical details

Support Business Hours Online Customer Type Large Enterprises Medium Business Small Business
API NA Contact Canada / (514) 899 1672
Deployment Installed - Windows Category Text Mining Software

WordStat Pricing

Pricing ModelFree Trial , One-time license , Subscription
How much does WordStat cost ?
The pricing for WordStat starts at $1518.0 per year. WordStat has 2 different plans such as - Commercial Annual Lease at $1518.0 per year and Commercial Purchase at $3795.0.
Commercial Annual Lease
$1,518
  • WordStat 7- $1,518 / year
  • WordStat for Stata- $1,518 / year

Contact the Vendor for the detailed pricing and download options.

Commercial Purchase
$3,795 Others
  • WordStat 7- $3,795
  • WordStat for Stata - $3,795

Contact the vendor for the detailed pricing options.

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Disclaimer: The pricing details were last updated on 12/04/2018 from the vendor website and may be different from actual. Please confirm with the vendor website before purchasing.

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WordStat Reviews

OVERALL RATING
5
Based on 3 Rating(s)
Rating Distribution
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Jason P.Source : capterra.com
★★★★★
★★★★★
(Reviewed on 03 January 2017)
Competitively priced text analytics solution

Pros: You can control the analysis. You know how the analysis is done. It's not a black box.
Advanced computer assistance to speed up the analysis process.

Cons: Learning curve

Overall: WordStat and QDA Miner is very good for projects with a lot of documents. I got the software at a fraction of the cost of other products and it is as capable, if not better. It is doing an excellent job comparing to high-end tools but priced at a level that our university could afford.

Recommendations to other buyers: People can try the software by downloading a free trial version from Provalis website

...more
Erin W.Source : capterra.com
★★★★★
★★★★★
(Reviewed on 11 October 2016)
Full featured and powerful free text analyzer

Comments: WordStat functions as an add-on to Provalis' other data software, Simstat and QDA Miner. I have only used it in conjunction with QDA Miner, as we deal primarily with quantitative data. We found the initial setup process is rather time-intensive and interative - in setting up dictionaries, classifiers, and exclusions. Without this step, the software is really limited to simple text analyses. However, when these are filled out and refined, WordStat really does some amazing reports - the best I've seen for free-text analysis. We have a fairly narrow set of needs, and so have not used all of its capabilities, but the ability to perform word frequency analysis over thousands of documents and tie free-text to specific temporal data has really been amazing! It is a very powerful software and, as such, does have a considerable learning curve. It processes very quickly, and it's easy to import text from multiple sources. Recommended, but be prepared for time to setup, QC, and make manual adjustments to the output.

...more
Fay H.Source : capterra.com
★★★★★
★★★★★
(Reviewed on 28 September 2016)
Most effective and user-friendly text-mining software ever used

Pros: Actionable analytical outputs, easy to interpret for the end-user. Easy to build and apply a dictionary for custom analysis, using the same analytical tools. Straightforward to evaluate hypotheses on how a theme is treated across numerous free-flowing texts, documents, articles, transcripts, etc. User-friendly and easy to learn. Segmentation for easy comparison and further insight also available. Easy extraction of relevant verbatims or quotations thanks to display of keywords in context.

Cons: I've had no issues.

Overall: For quickly and rapidly identifying themes and creating analytical outputs on 1000s of open-ended survey responses as well as analyzing policy documents and focus group transcripts, WordStat has saved me many hours and allowed me to augment the level of insight I'm able to bring to my clients. The first client we used it with, a global leader in the retail industry, was blown away, they had never seen computer-assisted qualitative analysis of this kind (neither had we) - we won a 2-year contract right away thanks to this software. Highly recommended.

Recommendations to other buyers: If you want to optimize the use of your unstructured data but don't have the time to learn new software this is a high-performing time-saving tool.

...more

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Questions on WordStat

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Is there any text mining software that supports geospatial analysis?

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Answered by Deepa Sethi | 11 months ago

Yes. WordStat and NetOwl have geospatial analysis.

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