Natural language processing (NLP), a branch of artificial intelligence, addresses the understanding of human language (both in written and spoken form) by computers. As a scientific discipline, NLP covers tasks such as determining sentence structures and boundaries in documents, detecting keywords or phrases in audio recordings, inferring relationships between documents, and uncovering meaning in informal or slang speech patterns. NLP can make it possible to analyze oral data and recognize patterns that are not currently structured.
NLP holds the key to enabling major advances in text analysis and gaining deeper and potentially more powerful insights from social media data streams where slang or non-traditional language is prevalent.
Correlation analysis refers to the application of statistical analysis and other mathematical techniques to evaluate or measure the relationships between variables.
The concept of making money from data refers to businesses making money in creative ways from data obtained on a daily basis in recent years.
Today's growing volume of data has made it necessary for companies to rethink their data management and storage strategies. Data deduplication is a technique that allows copies of the same or similar data to be detected in data storage systems and stored in a single copy.
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