Text mining is also known as text analysis. It is the procedure of transforming unstructured text into structured data for simple analysis. Text mining applies natural language processing (NLP), enabling machines to know the human language and process it automatically.
It is defined as the procedure of deriving significant information from standardlanguage text. Some data that it can generate via text messages, records, emails, files are written in common language text. It is generally used to draw beneficial insightsor patterns from such data.
Text mining is an automatic method that uses natural language processing to derive valuable insights from unstructured text. It can be converting data into information that devices can learn, text mining automates the method of classifying texts by sentiment, subject, and intent.
In text data mining, it is used on textual data. It can read and analyze textual information. In text mining, the pattern are extracted from the unstructured data or natural language text. In text mining, the input is unstructured text and then the output is structured text.
Text Mining includes a set of text documents are in the form of pdf, doc, Docx, txt, etc. After receiving the document, using Pre-processing (compare to NLT – Natural Language Text) of text and then Text Mining approaches. Thus, analyzing the text document finally find the knowledge.
There are two methods are involved as Filtering and Streaming. Filtering can remove unwanted words or relevant information. Streaming words provide the root for the associated words. After using the streaming method every word is designed by its root node.
Text Mining is an area that is an unexpected explosion in adoptions for business applications. The explosion in adoption is triggered by heightened information about TM and the lowered price points at which TM tools are available today.
Manual analysis of unstructured textual data is more impractical, and accordingly, text mining methods are being developed to automate the process of analyzing the data.
The primary objective of text mining is to allow users to extract records from textbased assets and handles the services like Retrieval, Extraction, Summarization, Categorization (supervised), and Clustering (unsupervised), Segmentation, and Association.
The main reason after the adoption of text mining is more powerful competition in the business industry, several organizations seeking value-added solutions to play with other organizations. With raising completion in business and changing user perspectives, organizations are getting huge investments to get a solution that is able of analyzing user and adversary data to improve competitiveness.