I was just sent a link to the following article on Gigaom:
While the effectiveness of some of the charts presented is debatable, it was great a analysis overall – and you should definitely check it out.
It also sounded like a lot of work. The author states:
I’m neither a statistician nor a programmer, so I used relatively simple tools for analysis and worked with companies on other aspects. Gnip, which is now part of Twitter, supplied the data. I used Chartio’s cloud-based analytics service for much of the quantitative analysis and some of the visualizations. I used Google Fusion Tables for the Marc Andreessen graphs, Tableau for the analysis of news content and AlchemyAPI analyzed the Mt. Gox tweets for sentiment.
Unless you are an existing user of all those tools – registering, uploading data, obtaining API keys, and building reports might take awhile. Moreover, services like Gnip aren’t cheap. A quick Google search suggests that Gnip PowerTrack (all tweets matching your filter) costs $2,000 per month plus $0.10 per 1,000 Tweets delivered.
By contrast, our tool does all the work for you. You specify the word ‘bitcoin’, and you’re done. iTrend is not a self-service environment, it actually does all the Twitter data acquisition, filtering, pre-processing, and analysis for you. Plus, it costs less than the raw data! We also provide custom reports when requested.
If you are interested in checking out iTrend twitter analytics, we are offering a free 14-day trial:
If you have any questions, feel free to reach out to me on Twitter @iTrendTV.