5+ Best Statistical Text Analysis Software
One of the significant and commonly used statistical methods today is text analysis; this is the use of text-based data to come up with actionable insights. Text will be analyzed using natural language processing, and will then be managed and organized for different use. Businesses are among the prime users of this method, as the need to analyze variables and text-based data has grown over the years. However, text analysis can be quite tricky and challenging. This is where Statistical Text Analysis Software comes in.
Check on the full article below to find more about the software, its benefits, its features, the top 10 software available in the market, and the answers to the frequently asked questions.
1. Google Cloud Natural Language API
2. Provalis Research Text Analytics Software
3. RapidMiner Text Mining Extension
4. Rosette Text Analytics
5. NetOwl
6. AYLIEN
What is Statistical Text Analysis Software?
Statistical Text Analysis Software is a tool used to mine, classify, and analyze text-based data using natural language processing, other machine learning models, and artificial intelligence. This software is used to gather and come up with actionable insights. This software also measures, checks, and manages text-based data, such as documents, reviews, emails, customer opinions and suggestions, customer feedback, and the like.
Benefits
Statistical Text Analysis Software saves time, effort, and cost. This software helps in the decision-making process through the insights gathered from the analysis. Using this will also improve day-to-day communication, collaboration, and overall operation in organizations, especially those in business. This will lessen manual delays, and avoid errors. Statistical Text Analysis Software automates the analysis and interpretation of text-based data.
Features
Statistical Text Analysis Software is equipped with functionalities and capabilities. Among the common ones are:
- Natural Language Processing
- Analytical Tools
- Text Mining
- Data Management
- Language Identification
- Syntax Management
There are more benefits and features present on the list of software products below.
Top 10 Software
1. Google Cloud Natural Language API
Google Cloud Natural Language API derives insights from unstructured text using Google machine learning. This software gets insights directly from customers, offers multimedia and multilingual support, and extracts key document entities. They offer features on AutoML, natural language API, and healthcare natural language AI.
2. Provalis Research Text Analytics Software
The top-of-the-class text analysis software is Provalis Research Text Analytics Software. They offer products on WordStat, a content analysis, and data mining tool, QDA Miner, qualitative data analysis software, and PROSuite, a collection of text analytics tools. Provalis Research Text Analytics Software is also used for media framing, brand image analysis, sentiment analysis, open-ended questions, geospatial intelligence, and many more.
3. RapidMiner Text Mining Extension
RapidMiner is both a text mining and sentiment analysis software. Their text mining extension has significantly helped businesses extract insights from unstructured data. RapidMiner Text Mining Extension offers a data science platform, that automates data science, and artificial intellgience cloud.
4. Rosette Text Analytics
The artificial intelligence for human language is here! Rosette Text Analytics is both an adaptable text analytics platform and a discovery platform. This software has capabilities on-base linguistics, categorize, chat translator, entity extractor & linker, language identifier, name indexer, name translator, and many more. Rosette Text Analytics is trusted by big brands including Amazon, Microsoft, Refinitiv, and Strider.
5. NetOwl
NetOwl offers artificial-intelligence-based text analytics and identity analytics for big data. This software has products on text analytics, specifically on entity extraction and sentiment analysis. NetOwl is also equipped with products for identity analytics including name matching and identity resolution. This software has features in intelligence analysis, AML, KYC, PEP, social media analytics, and border security.
6. AYLIEN
The news intelligence platform is here! With AYLIEN, you are sure that global news is available with the best quality possible. AYLIEN offers solutions on media intelligence and risk intelligence to both product and data teams.
FAQs
Who uses Statistical Text Analysis Software?
Statistical Text Analysis Software is commonly used by businesses, agencies, and other organizations to analyze text-based data.
What are the top Statistical Text Analysis Software products?
There are plenty of available Statistical Text Analysis Software products in the market, and among the common ones is Google Cloud Natural Language API, Provalis Research Text Analytics Software, RapidMiner Text Mining Extension, and many more.
How much is Statistical Text Analysis Software?
Statistical Text Analysis Software is reasonably priced at different price points, some can be used for free at a given time, and a few can be used for free forever.
Text analysis need not be difficult to handle, especially with the right tool like Statistical Text Analysis Software. Check on the full list above and discover the best option for you!
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