5 Applications for Corporate Text Analytics

Text mining and text analysis are relatively recent additions to the data science world, but they already have an incredible impact on the corporate world. As businesses collect increasing amounts of often unstructured data, these techniques enable them to efficiently turn the information they store into relevant, actionable resources. Text analysis can fulfill multiple roles in the business world. Many prominent use cases span categorization and sentiment analysis. While text analytics and mining remain fledgling technologies, they are already helping businesses in numerous impressive ways.