Text analytics, from entity matching software to opinion mining, is an important part of the modern world. For example, entity matching software was not even a concept more than thirty years ago, but today entity matching software is common if not prolific and widespread.
Text mining and analytics happens in a few key steps. The first step is perhaps the most important – information retrieval. Second, natural language processing occurs. Third, the actual process of information extraction occurs. And fourth and finally, the data mining happens. These four steps can be used for a number of purposes, from security to marketing. There is so much data out there