Text Analytics: The Key to Making Informed Business Decisions
Irrespective of whether data is qualitative or quantitative, one can use several methods and many tools for data extraction and analysis. What if one needs to extract the most important or stressed topic or the most repeated word from within millions of statements? Obliviously, one can’t sit and read the whole text. Hence, in order to overcome all these difficulties, text analytics was introduced in the mid 1980s.
Text analytics or text mining is the most important part of advanced analytics. Read more [...]
