What is Text Analysis Software?
Text analysis software helps businesses analyse their text data using natural language understanding, which is a subset of natural language processing. Because of the unstructured nature of text data, these analytics solutions take text as an input and provide some form of labels, tags, or insights as an input. In the age of digital transformation, businesses are embracing the need to understand company data like never before.
Text analysis software, also known as text mining software or text analytics software, has become an important tool for nearly every business over the past decade. A more recent aspect of analytics and business intelligence is the need to understand not just structured data, but unstructured data as well. Unstructured data, such as text data, can be mined for meaning to inform business decisions.
In order to be included in the Text Analysis software category there are certain conditions that must be met, a product must:
- import text data from a variety of different data sources.
- Use natural language processing to extract insights from the text, including key phrases, language, sentiment, and other patterns.
- Provide visualisations for text data.
Compare Text Analysis Software :
TechRound has reviewed the best Text Analysis Software to make your companies more efficient and streamline the processes behind contracts:
1: Serpstat
Serpstat, a SEO tool, also has a Text Analytics tool, which aims to determine the quality of page optimization for keywords based on top competitors in SERP. With Serpstat you can perform a comprehensive text analysis of any page content to optimize the text for SEO and readers.
- Check texts for length and quality on site’s selling pages.
- Find missing keywords on the page
- Analyze pages for spam level
- Find all duplicates in meta tags and titles
2: IBM Watson Studio
IBM Watson Studio empowers data scientists, developers and analysts to build, run and manage AI models, and optimise decisions anywhere on IBM Cloud Pak for Data. Unite teams, automate AI lifecycles and speed time to value on an open multi cloud architecture. Watson Studio democratises machine learning and deep learning to accelerate infusion of AI in your business to drive innovation.
3: Confirmit
Confirmit is the Smart Solution to Uncovering & Sharing Insights. We’re the world’s most powerful visual insights engine, helping you transform data into insights and insights into stories that fuel action. Whether you are a customer experience professional or a market researcher, you need an engaging research solution that facilitates multi-channel feedback from a variety of sources and ways to collect, analyse, and react to customer, market, and employee feedback.Confirmit can help you.
4: Amazon Comprehend
Amazon Comprehend is a natural-language processing (NLP) service that uses machine learning to uncover information in unstructured data. Instead of combing through documents, the process is simplified and unseen information is easier to understand.
The service can identify critical elements in data, including references to language, people, and places, and the text files can be categorised by relevant topics. In real time, you can automatically and accurately detect customer sentiment in your content. This accelerates more informed, real-time decision making to improve customer experiences. Comprehend not only locates any content that contains personally identifiable information, it also redacts and masks that content. Comprehend is fully managed, so you can get up and running quickly, without having to train models from scratch. Start processing millions of documents in minutes by leveraging the power of machine learning.
5: RapidMiner
RapidMiner brings artificial intelligence to the enterprise through an open and extensible data science platform. Built for analytics teams, RapidMiner unifies the entire data science lifecycle from data prep to machine learning to predictive model deployment. More than 700,000 analytics professionals use RapidMiner products to drive revenue, reduce costs, and avoid risks.
What is Text Analysis Software ?
Text analysis software helps businesses analyse their text data using natural language understanding, which is a subset of natural language processing. Because of the unstructured nature of text data, these analytics solutions take text as an input and provide some form of labels, tags, or insights as an input. In the age of digital transformation, businesses are embracing the need to understand company data like never before.
Text analysis software, also known as text mining software or text analytics software, has become an important tool for nearly every business over the past decade. A more recent aspect of analytics and business intelligence is the need to understand not just structured data, but unstructured data as well. Unstructured data, such as text data, can be mined for meaning to inform business decisions.
Why Does My Business Need Text Analysis Software?
Generally, text analysis software is used to analyse customer and employee satisfaction, which helps businesses measure and make changes to their marketing and branding strategies or inform them of opportunities for product innovation.
Can I Get Text Analysis Software On a Free Trial?
Most Text Analysis Software Platforms offer free trials. Some platforms request you sign up via email for a free trial often being the span of 30 days whereas others will offer a taster trial session. Free trials are effective because they allow you to compare between different products and pick the right one for your business.
What is The Price Of Text Analysis Software Platforms?
Text Analysis Software can cost anywhere between £0 and £500 per month.
