NLP and Text Mining: Looking at Some Business Use Cases

Artificial Intelligence is literally the most expanding technology the world is seeing at present. Nearly all of the leading organisations are absorbing and/or trying to soak in the technology.

Without a doubt, Artificial Intelligence will reign all over the world in the coming tomorrow. This is because of its promising outlook of automating all kinds of support services, analysing both structured and unstructured data flawlessly and effectively and thereby, improving the overall client experiences.

Though AI innovation might sound really progressive and thus, pretty intricate, it is not always such. With Natural language preparing (NLP) contributing quite significantly in AI and as text analysis and text mining are assuming pivotal roles in Artificial intelligence, the organisations are largely depending on them to mine text to insights. You can also get hold of quality Text Mining course in Delhi at your convenience. 

Let’s first have a glimpse of some of the use cases of NLP and text analysis:

Search Autocomplete

This is a widespread feature used by the mass in case they are searching for something. Started first by Google in its search engine, Search Autocomplete has been helpful since as a kind of NLP. 

Financial Trading

Financial trading is also hugely benefitted by the NLP. Domain explicit sentiment analysis/classification would simply prove to be invaluable for any financial trader. Furthermore, Intent Recognition and Spoken Language Understanding Services are being harnessed to comprehend the thing of trade and their quantities.

Assessing Creditworthiness

Besides all these, NLP is likely to play an important part in analysing and assessing the creditworthiness of the customers with no prior financial records.

There are many applications which have harnessed the technology in full and is striving to aid various organisations in their respective businesses. Our easy and effective Text Analytics with Python Course would simply work wonders in your case, provided you want to keep pace with the digital age. 

You can also reach us for further information on text analysis and text mining. Besides, you can also check out an array of articles like Deep Learning for computer vision course www.dexlabanalytics.com/blog/a-deeper-understanding-of-deep-learning on our website.

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