Urology Surgical Market: Industry Research Report 2018-2025 Text Analytics Market Research Report 2018-2025 | Page 3
In our study, we have segmented the text analytics market by deployment type, technology, applications and
verticals. Text analysis is a process of transforming input text into series of terms, or canonical forms of words
that are typically stripped of inflections and junk characters. Deployment of the text analysis is done in two types:
on-premise and cloud-based. Multitenant architecture is very elastic, which necessitates on-demand provisioning
and de-provisioning of applications and computing resources. This type of service is preferred by the countries
that either do not have their data centers or have very classified data which cannot be shared over the cloud.
Cloud-based text analysis are provided over the internet that are used by various companies for analysis of their
data to collect necessary information regarding the data. On the basis of technology, text analytics can be
distinguished into three types: natural language processing, automated machine learning and hybrid. Natural
language processing is a scientific discipline that is concerned with making the natural language accessible to
machines on the basis of text analytics. Automated machine learning promotes the development of malleable
software packages which can be instantiated automatically in a data-driven way. It is a type of machine learning
that can be used easily and without expert knowledge, whereas Hybrid is a mixture of NLP and Automated
Machine Learning, which is required for the machine to perform the action based on commands or algorithms
written in natural language
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