8 Thought-Provoking Cases Of NLP And Text Mining Use In Business

Natural language processing, aka NLP, is a broad and rapidly evolving segment of today's emerging digital technologies often generalized as Artificial Intelligence (AI). Wikipedia defines NLP as " a subfield of AI concerned with the interactions between computers and human (natural) languages, in particular how to program computers to process and analyze large amounts of natural language data." By harnessing NLP, AI can successfully imitate human speech, form naturally-flowing sentences and give human-to-machine interactions a personal touch. Perhaps because both concepts are related to words and languages, natural language processing is often confused with text mining: advanced analysis technique used to filter large amounts of research and extract the relevant info. Text mining is more than just a search tool; its algorithms can understand complex concepts and identify patterns and trends across million of articles to provide valuable information with unmistakable novelty factor.