Why Text Mining Is More Important Than You Think

Written by Common Computer Problems on August 14th, 2017. Posted in Named entity recognition software, Sentiment analysis software, Text analytics tools

Name matching software

If you own your own business, then your days are likely filled with the need to understand how to improve customer experiences and what you need to do to increase sales. In fact, in recent years, technological advances have led to an astounding increase of information. By 2020, it is expected that the digital universe will reach a size of 40 ZB. And with so much information being added every single day, there’s bound to be data that can help you improve your business.

Take text analytics in social media, for example. Text mining software, such as name matching software and others, is capable of extracting data from users on sites like Facebook and Twitter. With Facebook’s near two billion monthly users and Twitter’s average 319 million monthly users, huge amounts of data in the form of opinions,