What is Text Analysis? Everything you Need to Know - Text Analysis and Sentiment Analysis Solutions - BytesView

Text analysis, also known as text mining, is the process of compiling, analyzing, and extracting valuable insights or information from large volumes of unstructured texts, using machine learning and NLP (natural language processing) techniques. The sheer volume of data available on the internet today is incomprehensible. And manually analyzing this data is not really an efficient option. To help you better understand the situation, let's look at some numbers. In 2014, there were over 2.4 billion internet users either consuming or generating content. The number grew to 3.4 billion internet users by 2016.