How to Get the Most out of Excel with Machine Learning

Excel is perhaps the most well known data analysis tool out there. It's used to store and organize data such as sales numbers, profit rates, expenditures or revenues. Some businesses even use it to store text data. However, Excel is unable to organize text data without the help of machine learning. Machine learning algorithms can automatically analyze hundreds and thousands of rows of text data in a fast, consistent and scalable way. In other words, machine learning algorithms are able to quantify words and phrases in Excel, by assigning topics, keywords, entities, and even sentiment to each row of text.