Text Mining is the process of extracting valuable information and insights from large amounts of unstructured text data. This can include anything from social media posts and emails to research papers and news articles. By using techniques from Natural Language Processing (NLP) and Machine Learning, text mining helps identify patterns, trends, and relationships within the text, making it easier to understand and analyze.
The applications of text mining are vast and varied. Businesses use it to analyze customer feedback and improve products, while researchers can uncover new insights from academic literature. Overall, text mining transforms raw text into actionable knowledge, enhancing decision-making across different fields.