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The business value of NLP: 5 success stories

September 16, 2022

Via: CIO

Data is now one of the most valuable enterprise commodities. According to CIO.com’s State of the CIO 2022 report, 35% of IT leaders say that data and business analytics will drive the most IT investment at their organization this year, and 58% say their involvement with data analysis will increase over the next year.

While data comes in many forms, perhaps the largest pool of untapped data consists of text. Patents, product specifications, academic publications, market research, news, not to mention social feeds, all have text as a primary component and the volume of text is constantly growing.

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