Text Analysis or Natural Language Processing is a way to analyze and understand the significance and meaning from human language to derive useful insights.
NLP can be used to perform tasks such as Translation, Summarization, Sentiment Analysis, Speech Recognition, Topic Detection, and Entity Recognition.
What Text Analytics involves
Text Analysis involves the parsing of text to find such facts from it as can be ‘read’ and analyzed by a machine. The idea is to create a structured data from free text content.
Machine-readable facts are drawn out from huge quantities of text, to be entered into ...
AI or Artificial Intelligence is advancing fast and furious, and businesses are going berserk harnessing its features to their means to more profits.
To quote a study in Business Insider, ‘Gartner projects that more than 85% of customer interactions will be managed without a human by 2020, and chatbots are also expected to be the No. 1 consumer applications of AI over the next five years, according to TechEmergence.’
It is high time we got to know even more about AI – and found more ways to use it profitably. In fact, we need to get this done before other businesses can beat yours and ours t...