[PDF] What are the different training types considered in the Text Analytics market?

Text Analytics Market Perspective 2021

𝗥𝗲𝗽𝗼𝗿𝘁 𝗣𝗮𝗴𝗲𝘀: [173 Pages]

Text mining, also referred to as text data mining, similar to text analytics, is the process of deriving high-quality information from text. It involves "the discovery by computer of new, previously unknown information, by automatically extracting information from different written resources." Written resources may include websites, books, emails, reviews, and articles. High-quality information is typically obtained by devising patterns and trends by means such as statistical pattern learning. According to Hotho et al. (2005) we can differ three different perspectives of text mining: information extraction, data mining, and a KDD (Knowledge Discovery in Databases) process. Text analytics can be performed manually, but it is an inefficient process. Therefore, text analytics software has been created that uses text mining and natural language processing algorithms to find meaning in huge amounts of text. One of the most interesting applications of text analytics in business is customer feedback analysis. This includes analyzing product and service reviews to see how your customers evaluate your company, processing the results of open-ended responses to customer surveys, or checking out what customers say about your brand on social media.

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𝗗𝗼𝘄𝗻𝗹𝗼𝗮𝗱 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲:
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There are 7 basic steps:-

Language Identification

Tokenization

Sentence Breaking

Part of Speech Tagging

Chunking

Syntax Parsing

Sentence Chaining

𝗙𝗿𝗲𝗾𝘂𝗲𝗻𝘁𝗹𝘆 𝗔𝘀𝗸𝗲𝗱 𝗤𝘂𝗲𝘀𝘁𝗶𝗼𝗻𝘀 (𝗙𝗔𝗤) :

𝗪𝗵𝗮𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝘀𝗶𝘇𝗲, 𝘀𝗵𝗮𝗿𝗲 𝗼𝗳 Text Analytics ?

𝗬𝗲𝘀, The global Text Analytics market is estimated to account for US$ 13,060.4 million by 2025

𝗪𝗵𝗼 𝗮𝗿𝗲 𝘁𝗵𝗲 𝗸𝗲𝘆 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀/𝗽𝗹𝗮𝘆𝗲𝗿𝘀 𝗶𝗻 𝘁𝗵𝗲 Text Analytics?

𝗬𝗲𝘀, You can add Specific 𝗖𝗼𝗺𝗽𝗮𝗻𝘆 𝘂𝗽𝘁𝗼 𝟯 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀.

Companies Covered as part of this study include: SAP SE, International Business Machines Corporation, SAS Institute, Inc., Opentext Corporation, Clarabridge, Inc., Bitext Innovations S.L., Lexalytics, Inc., Megaputer Intelligence, Inc., Luminoso Technologies, Inc., and Knime.Com ,

𝗖𝗮𝗻 𝗶 𝗔𝘀𝗸 𝗙𝗼𝗿 𝗗𝗶𝘀𝗰𝗼𝘂𝗻𝘁 / 𝗣𝗿𝗼𝗺𝗼-𝗖𝗼𝗱𝗲?

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunities.

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