What Are the Common Applications of NLP in Business?
NLP has a variety of applications in business, including:
Sentiment Analysis: Analyzing customer feedback to gauge the overall sentiment towards products or services. Text Classification: Categorizing documents and emails to streamline workflows and improve organization. Named Entity Recognition (NER): Extracting key information such as names, dates, and locations from text data. Machine Translation: Translating content into different languages to reach a global audience. Speech Recognition: Converting spoken language into text for applications like voice-activated assistants and transcription services.