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Text mining has become an essential capability of the modern enterprise
With unstructured data growing exponentially, companies are
leveraging text mining to make these large quantities of
unstructured data accessible and useful In doing so, they have
been able to generate deeper business insight and make smarter
business decisions for a number of use cases.
Text mining uses techniques such as text classification, entity
extraction (i.e., named entity recognition) and sentiment
analysis to extract useful information and knowledge hidden in
text content.