Text Analytics Market Forecast, Trends & Industry Analysis, 2016-2024 Text Analytics Market | Page 3

Cloud Gains Traction In Text Analytics, Owing To Its Mobility
Cloud-an umbrella term for large number of online services is a very
attractive technology amongst all the small and medium scale enterprises
(SMEs). Cloud allows real time analysis of the big data to retrieve
meaningful information from the data, provides cost effective and lower
risks solutions. As cloud allows the analysis of data anytime and from
anywhere, it is gaining traction in text analytics. The SaaS cloud model is
the fastest growing delivery model for text analytics due to lack of in-house
skills to analyze unstructured data.
3