Nowadays, text analytics can be really useful for businesses because it allows them to classify data in real-time.
To begin, text analytics is the act of automatically converting vast amounts of unstructured text into numerical data in order to identify insights, trends, and patterns. This technique, when combined with data visualization tools, allows businesses to comprehend the story behind the numbers and make better decisions.
With this technology, many businesses can be more productive and effective in their operations because it allows them to analyse and detect valuable data in real-time, you don’t have to invest a lot of money to access it.
Where I Can Find A Text Analytics?
First, you should choose an application programming interface (API) which is a type of artificial intelligence that allows businesses to receive data in real time. An API connects with other programs. In simple terms, it is a messenger that sends your request to the service provider and then provides the result.
However, with so many APIs to choose from, finding the right one can be difficult. We understand how difficult it is to find an API because not all of them function in the same way or provide wrong data. As a result, we’ve compiled a list of resources.
1-Klazify
Klazify allows you to classify any text in real-time, which is extremely useful for business. This software uses artificial intelligence, such as machine learning (ML), to analyze a website’s content and meta tags, extract text, and categorize the site into up to three groups (NLP). An URL, email address, or domain is used to categorize data.
Logo APIs, market classifications, firm data such as personnel ranges, location and technology employed, and domain security levels are all available through this tool. Before assigning website text to one of the 385+ IAB V2 topic groupings, Klazify analyzes it. The API is also available in JSON, Python, and PHP formats.
2-Microsoft Azure
Microsoft’s text analytics technology is one of the most affordable options available. Microsoft Azure is a text analytics tool that you can use on your own. Data scientists can process basic text datasets thanks to their pay-as-you-go methodology.
Sentiment analysis, keyword extraction, language detection, and entity recognition are all included in the cloud-based solution. However, because Microsoft does not provide access to the underlying engine, these features are not modifiable.
3-Lexalytics
Lexalytics is a three-tiered solution that offers focused and useful technology for text-based business problems. We’ll go over all three of those factors, as well as our capabilities and ideal customer, in the sections below.
Lexalytics platform comprises of Salience, their on-premise NLP engine, Semantria, their cloud NLP technology, and Semantria Storage & Visualization, as well as AI Assembler, our machine learning tool. They can tackle practically any text-based business problem when we combine these powerful aspects with our knowledge in the Semi-Custom Application business.
Also published on Medium.