What are the differences between text mining and data mining software?
Understanding the nuances between text mining and data mining software is crucial for anyone delving into the vast world of data analysis. While they share similarities, primarily in their overarching goal to extract valuable information from large datasets, their approaches and specific functionalities differ significantly. Data mining is a comprehensive process that involves discovering patterns in large datasets across various data types, including numerical and categorical data. It employs sophisticated algorithms to identify trends, correlations, and patterns that might not be immediately apparent. On the other hand, text mining, or text data mining, specifically deals with extracting meaningful information from text data. It focuses on analyzing words, phrases, and sentences to uncover insights from unstructured text.
Data mining software is designed to handle a wide range of data types, from structured numeric data in databases to unstructured data in various formats. It uses complex algorithms to process and analyze this data, looking for patterns that can lead to actionable insights. Text mining software, however, specializes in dealing with textual data, such as documents, emails, and social media posts. Its algorithms are tailored to understand natural language, identify themes, sentiments, and patterns within the text, and turn unstructured text into structured data that can be further analyzed.
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Yogesh Shinde
Director, Program Management at Servicenow
Text mining, also known as text analytics, is a subset of data mining that focuses on extracting meaningful information from unstructured or semi-structured textual data. Text mining utilizes natural language processing (NLP) techniques to process, analyze, and derive insights from text data. One of the algorithms dedicated to text mining is - TextCNN (Convolutional Neural Networks for Text). TextCNN is like a super-smart reader app for long stories. It chops the text into little pieces and looks for cool patterns in how words are used. Once it spots enough patterns, it puts them together like solving a puzzle to understand the whole story better. It's like having a detective buddy who finds clues in every paragraph!
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Venkatesh prasad
Graduate Student at Muma College of Business at USF | Grad May 2024|Seeking Full Time in - Business Analyst/Data Analytics/Engineer/scientist |Power BI |Tableau |SQL|AWS |Python|
Text mining software focuses on extracting insights from unstructured text data, using techniques like NLP, sentiment analysis, and topic modeling. It's great for handling large volumes of text from sources like documents and social media. Where as Data mining software , deals with structured data to uncover patterns and trends using techniques like clustering and regression analysis. It's commonly used in industries like retail and finance to gain insights from structured data sources like databases and spreadsheets. Although both strategies are useful for gathering insights, the types of data they are applied and the manner in which they achieve it differs.
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Abinash Kumar
Text mining and data mining are both techniques used to extract insights from large datasets, but they focus on different types of data and utilize different methodologies. Here are the key differences between text mining and data mining software: Data Mining: Data mining typically deals with structured data, which is data organized in a tabular format with rows and columns. This data can include numerical values, categorical variables, and other structured information. Text Mining: Text mining, on the other hand, deals with unstructured or semi-structured textual data. This includes documents, emails, social media posts, articles, and any other form of text-based content.
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Ganesh Sharma
Business Process Excellence | Business Process Manager | Process Intelligence | Celonis | Signavio | Six Sigma | Building Success Stories
Unstructured Vs Structured Mining is Text Vs Data Mining. Text Mining: Mostly used for key strokes analysis performed out of the core IT application, viz., Outlook, Website, Sheets, etc. This type of analysis helps to understand the time spent at different tools and utilise the information to find a better solution on reducing manual intervention on non value added tasks. Data Mining: Used to analyse large data getting generated in the main IT/ERP system and takes the digital footprint to understand the pattern and identify the bottlenecks in the business. Data Mining can handle both structured and unstructured data to provide analysis.
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Venkateswaran Nagarajan
Senior Project Leader at Roboteon
Text mining focuses on unstructured textual data, using natural language processing (NLP) to extract meaning and insights. In contrast, data mining deals with structured data, employing techniques like clustering and classification to uncover patterns and relationships. While text mining requires specialized software for NLP tasks, data mining can be done using a variety of tools and libraries. Both approaches are valuable for extracting insights, but their applications and methodologies differ based on the nature of the data.
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Shubham Rakshe
Actively seeking Summer 2024 Internships | MCS, Illinois Institute of Technology
Text mining software specializes in analyzing unstructured textual data like documents and social media posts, using techniques such as natural language processing (NLP), sentiment analysis, and topic modeling. It produces outputs like sentiment scores, topics, and keyword extraction. Common tools for text mining include NLTK, spaCy, and TextBlob. On the other hand, data mining software deals with structured or semi-structured data from databases and spreadsheets. It employs algorithms like classification, regression, and clustering to discover patterns and relationships. Outputs typically include models, rules, and visualizations. Popular tools for data mining include R, Python with libraries like scikit-learn, Weka, and IBM SPSS Modeler.
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Anusha Naik
Data Science | Artificial Intelligence | Prompt Engineer | Generative AI | Machine Learning, Analytics |Data Modelling | PowerBI | Business-Risk Analytics | Financial Modelling | SQL|
Type of Data: Text Mining: Text mining software analyzes unstructured textual data, such as documents, emails, social media posts, customer reviews, and other text-based sources. It extracts meaningful information, patterns, and insights from text data. Data Mining: Data mining software analyzes structured or semi-structured datasets, such as databases, spreadsheets, transaction logs, and sensor data. It discovers patterns, trends, and relationships within the data to uncover valuable insights.
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Dr. Shilpi Tanti
Founder of Statinfy
Both are the process of transformation of unstructured information to well structured information. Text mining deals with unstructured text data and data mining deals with unstructured raw data (numerical form)
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Leopoldo Varela
Computational Linguist | Everstreamer
When we talk about text, some specialized libraries, tools, techniques and insights are needed from the NLP field. Usually the final product is something related with the semantics of the data, like sentiment analysis, or word frequency, topic extraction, summarization. When we talk about data, it usually ends up in a numerical representation along with closed categories with low cardinality. Text Mining can be considered a subset of Data Mining but since it requires a high level of specialization, it basically claims its own field.
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Kaniz Fatma
Empowering Innovation: Leading the Charge as a Product Visionary | Solving World's Toughest Data+AI Problems | Databricks Community | Data Scientist | Data Engineer | Biologist | Career Coach
Text mining software focuses on extracting meaningful information from unstructured textual data, using techniques like Natural Language Processing (NLP) for tasks such as sentiment analysis, topic modeling, and named entity recognition. On the other hand, data mining software is designed to analyze structured or semi-structured data from databases and data warehouses, aiming to discover patterns, trends, and insights using statistical and machine learning techniques like classification, clustering, and regression. While text mining specializes in textual data, data mining has a broader application, encompassing various types of data beyond text.
The core focus of data mining software is pattern recognition across diverse data sets. It aims to identify hidden patterns and relationships that can predict outcomes or categorize data. This involves statistical analysis, machine learning, and database systems. Text mining software, in contrast, concentrates on extracting semantic content from text. Its focus lies in natural language processing (NLP) techniques, such as tokenization, part-of-speech tagging, and parsing, to interpret the context and meaning of words within the text.
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Anusha Naik
Data Science | Artificial Intelligence | Prompt Engineer | Generative AI | Machine Learning, Analytics |Data Modelling | PowerBI | Business-Risk Analytics | Financial Modelling | SQL|
Techniques and Methods: Text Mining: Text mining software employs natural language processing (NLP) techniques, including tokenization, stemming, sentiment analysis, entity recognition, and topic modeling, to analyze and extract information from text data. Data Mining: Data mining software uses a variety of statistical and machine learning algorithms, such as classification, clustering, regression, association rule mining, and anomaly detection, to identify patterns, relationships, and trends in structured data.
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Abinash Kumar
Text mining primarily deals with unstructured or semi-structured textual data, such as articles, social media posts, emails, documents, etc.
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Shereef B.
Senior Data Scientist | Research Scientist | Geoscientist
The core focus of data mining software is to extract meaningful patterns, insights and knolwedge from large dataset, especially uncovering hidden patterns, relationships, anomalies and decision making information. Text mining software focuses on analysing textual data for insights and information. It involves text preprocessing, text classification, name entity recognition (NER), topic modelling, text summarisation, information extraction, text similarity and clustering etc.
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Nyasha Kwenda
Executive Head - CTIO Managed Services & Data Centre at Kenac Computer Systems. MBA | ITIL | TOGAF | SCRUM MASTER | IBM CERTIFIED | "King of Execution" Dad & Philanthropist to Girl Child Mentor
1. Text mining specifically deals with unstructured textual data, such as emails, social media posts, articles, and more. It involves techniques like natural language processing (NLP) to analyze, understand, and extract useful information from text. Text mining can be used for tasks like sentiment analysis, topic modeling, &document categorization. 2.Data mining, is a broader term that encompasses the process of discovering patterns, relationships in structured or unstructured data. While text mining is a subset of data mining, data mining techniques can be applied to various types of data, including numerical, categorical, &textual data. Data mining techniques include clustering, classification, regression, and association rule mining.
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Prashant Patil
Python Developer | Scrapy, API, Web Scraping
Data mining software aims to recognize patterns and relationships in diverse datasets, employing statistical analysis and machine learning techniques. On the other hand, text mining software focuses on extracting semantic content from text using natural language processing (NLP) techniques.
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Siamak Salimy
PhD. in Bioinformatics | M.S. in Computer Engineering
The core focus of data mining software is to uncover hidden patterns, relationships, and insights from various types of structured and unstructured data. It employs techniques like clustering, classification, association rules, or regression to analyze numerical, categorical, temporal data as well as text. It enables businesses to make informed decisions based on valuable information extracted from diverse datasets.
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Aaron Brooks
Principal Software Engineer | AI & Big Data Specialist | Proficient in Go, Rust, C, Python, Scala, and Java
In my work with data mining software, I've seen how it handles various data types, from structured data in databases to unstructured formats. It uses advanced algorithms to find patterns that help us make informed decisions. Text mining software, however, focuses on text-like documents and social media posts. It uses specific algorithms to understand the language, pick out themes and sentiments, and convert messy text into organized data for more analysis.
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Vinay Shukla
Pharmaceutical Chemist, Institute of Teaching & Research in Ayurveda
Text Mining: The focus is on extracting meaningful information from text, analyzing content, sentiment, structure, and context within large bodies of text. Data Mining: Aims to identify patterns, trends, and relationships in large datasets, which could be numerical, textual, or multimedia.
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Andrea Castellari
Former System Engineer at IBM Global Business Solutions
There is a lot of focus on human-generated text, but an area where I was involved was translating code to code, a process that is also known as source-to-source translation, in my case ADABAS to PL/SQL. I should add that code is human-generated, but highly structured, so more amenable to parsing techniques than, say, a general conversation. In this case, text-to-text is highly specific, and techniques like parsing have to be practically exact.
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Abhishek Srivastava
Subject Matter Expert Gen-AI | Prompt Engineer | LLM| Lang chain | AI | NLP | Computer Vision |Data Science| Machine Learning | 13.x Azure certification l MCT
Data mining software primarily focuses on recognizing patterns across diverse datasets, utilizing statistical analysis and machine learning. It aims to predict outcomes or categorize data through techniques like classification and clustering. Conversely, text mining software concentrates on extracting semantic content from text using NLP methods such as tokenization and sentiment analysis. While data mining uncovers hidden patterns, relationships, and anomalies, text mining analyzes textual data for insights through techniques like text summarization and topic modeling.
Data mining software often requires you to have a strong understanding of statistical methods and machine learning techniques. You'll interact with the software by selecting algorithms, setting parameters, and interpreting the results. Text mining software, conversely, may provide more user-friendly interfaces that simplify the process of analyzing text. It might offer features like keyword extraction, sentiment analysis, and topic modeling that can be used without extensive technical expertise.
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Abinash Kumar
You frequently need to have a solid grasp of statistical and machine learning techniques in order to use data mining tools. By choosing algorithms, adjusting settings, and deciphering the output, you will engage with the software. On the other hand, text mining tools might offer more approachable user interfaces that make text analysis easier. It might provide easily used features that don't require a lot of technical knowledge, such sentiment analysis, topic modeling, and keyword extraction.
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Abhishek Srivastava
Subject Matter Expert Gen-AI | Prompt Engineer | LLM| Lang chain | AI | NLP | Computer Vision |Data Science| Machine Learning | 13.x Azure certification l MCT
Data mining deep dives demand technical fluency. Think mastering statistical jargon and carefully selecting algorithms – it's like piloting a complex analytical spaceship. Your reward? Powerful insights from the structured data universe. Text mining offers a different experience. While understanding the underlying processes is always a plus, many tools provide intuitive interfaces. Imagine a dashboard designed for exploring text: extracting keywords, visualizing sentiment, and pinpointing those hidden topics everyone's buzzing about.
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Prashant Patil
Python Developer | Scrapy, API, Web Scraping
Data mining software often requires a deep understanding of statistical methods and machine learning techniques. In contrast, text mining software may offer more user-friendly interfaces with features like sentiment analysis and topic modeling.
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Siamak Salimy
PhD. in Bioinformatics | M.S. in Computer Engineering
User interaction refers to the communication and engagement between users and a system or application. It involves actions such as inputting data, navigating through interfaces, performing tasks, and receiving feedback. Effective user interaction design focuses on creating intuitive, user-friendly interfaces that facilitate seamless interactions and enhance user satisfaction. This can include features like responsive designs, clear navigation menus, interactive elements, and personalized experiences to optimize the overall user experience.
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Ricardo Smith
Data Analytics & Digital Strategy Leader | Transforming Tourism through Research-Driven Insights and Innovative Digital Solutions | Cayman Islands Department of Tourism
Data mining and text mining are two software tools that are used to extract knowledge from data. However, they serve different purposes and require different skill sets. Data mining offers customizable analyses that require specialized knowledge, while text mining provides accessible ways to derive insights from text, making it easier for non-technical users to analyze data. These two tools reflect the diverse approaches in data analysis software, catering to the needs and expertise of users across different sectors.
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Vinay Shukla
Pharmaceutical Chemist, Institute of Teaching & Research in Ayurveda
Text Mining: Often requires more initial setup and fine-tuning, especially to handle different languages, contexts, or specific requirements (like legal or medical documents). User interaction may involve defining the specifics of the NLP tasks. Data Mining: Interaction tends to focus on selecting the right models, defining parameters, and choosing the appropriate algorithms for the data and the problem statement.
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Sebastian Schenk
Director - Digital Transformation & Innovation
Text Mining Software bietet hingegen benutzerfreundlichere Oberflächen, die auch Laien ermöglichen, komplexe Textanalysen wie Schlüsselwortextraktion, Sentimentanalyse und Themenerkennung einfach durchzuführen. Dies ermöglicht es mehr Nutzern, wertvolle Einsichten aus Daten zu gewinnen.
The analytical techniques employed by data mining software are diverse and can include clustering, classification, regression, and association rule learning. These techniques are used to uncover patterns and relationships in data that can lead to predictions or classifications. Text mining software uses NLP techniques such as sentiment analysis, entity recognition, and topic extraction. These techniques allow the software to understand the context and sentiment behind the words in the text.
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Siamak Salimy
PhD. in Bioinformatics | M.S. in Computer Engineering
Analytical techniques are methodologies used to analyze data and extract meaningful insights. They involve various statistical, mathematical, and computational methods to explore patterns, trends, relationships, and correlations within datasets. Common analytical techniques include descriptive statistics for summarizing data, inferential statistics for making predictions or drawing conclusions from a sample population, regression analysis for modeling relationships between variables, clustering algorithms for grouping similar data points together, and machine learning algorithms for predicting outcomes based on patterns in historical data.
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Boris Lanegra
Gerente de TI | Transformación Digital | Proyectos | Soluciones | Servicios TI
Text Mining needs a context and other information like a terms, products, services, acronyms, and common pharses according with business. Data Mining is able to discover clusters or groups with any extra context. You need an expert in front of software in order to manage exploring steps.
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Shereef B.
Senior Data Scientist | Research Scientist | Geoscientist
Analytical techniques used in data mining include statistics, machnine leaning, pattern recognition and data visualisation. In terms of text mining, the techniques is NLP centered which include, sentiment analysis, topic modelling, named entity recognition, document classification, text summarisation etc.
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Chinmay Jain
Director, Business Analytics at LendingTree|Tableau User Group Leader|Ex-Vistaprint(Cimpress)
Data mining uses statistical and mathematical algorithms to discover patterns and relationships in the data. Techniques used include clustering, classification, regression, association rules etc. Text mining often involves techniques like natural language processing (NLP), sentiment analysis, topic modeling, and named entity recognition to undrstand the context, sentiment, and themes in the text.
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Prashant Patil
Python Developer | Scrapy, API, Web Scraping
Data mining software employs techniques like clustering, classification, and regression to uncover patterns, while text mining software uses NLP techniques such as sentiment analysis and entity recognition.
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Vinay Shukla
Pharmaceutical Chemist, Institute of Teaching & Research in Ayurveda
Text Mining: Utilizes natural language processing (NLP) techniques including tokenization, syntactic analysis, entity extraction, sentiment analysis, topic modeling, etc. Data Mining: Employs statistical and machine learning techniques such as clustering, classification, regression, association rules, and neural networks.
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DAVID DUARTE
HEAD OF INTERNAL CONTROL Falabella Retail S.A
In today's data-driven world, the capabilities of data mining and text mining software are invaluable. These tools empower organizations to discover hidden patterns, predict trends, - Sentiment Analysis: Gauging the emotional tone behind a series of words, crucial for brand monitoring and customer feedback. - Entity Recognition: Identifying key entities in text, such as names or locations, important for data extraction. - Topic Extraction: Discovering the main themes in text documents, enabling content summarization. #DataMining #TextMining #NLP #BigData #Analytics #MachineLearning
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WeiLun Huang
Senior Data Scientist @ HP | Machine Learning, AWS, SQL, Python
Text Mining: Common analytical techniques used in text mining include tokenization, stemming, lemmatization, part-of-speech tagging, named entity recognition, topic modeling (e.g., Latent Dirichlet Allocation), and sentiment analysis. Data Mining: Analytical techniques used in data mining include decision trees, regression analysis, clustering algorithms (e.g., k-means, hierarchical), association rule mining, and neural networks for predictive modeling.
Interpreting the output of data mining software often involves understanding complex models and statistical significance, which can be daunting for those without a technical background. The output typically includes predictive models or classification schemes that require a deep understanding of the underlying algorithms to fully comprehend. In contrast, text mining software tends to produce more straightforward outputs like word clouds, sentiment scores, or topic distributions that are easier for non-experts to interpret and utilize.
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Mohammad Akbari
💥 5x LinkedIn Top Voice(Machine Learning, Data Science, and Electrical Engineering) | Entrepreneur | Building Next-gen AI Solutions | AI Researcher and Instructor
Text mining software typically produces qualitative insights and their inputs are more user-friendly like word clouds, sentiment scores, or topic distributions, which are easier for non-experts to interpret. In contrast, data mining software outputs complex models and statistical analyses that require a deeper understanding of algorithms to interpret accurately. They often produce quantitative outputs.
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Prashant Patil
Python Developer | Scrapy, API, Web Scraping
Interpreting the output of data mining software can be complex, involving understanding of models and statistical significance. Text mining software, however, tends to produce more straightforward outputs like sentiment scores and word clouds.
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Vinay Shukla
Pharmaceutical Chemist, Institute of Teaching & Research in Ayurveda
Text Mining: Outputs are generally qualitative insights such as sentiments, themes, and concepts extracted from text. The results often need further interpretation to apply in decision-making contexts. Data Mining: Outputs are usually quantitative or categorical insights, such as predictive scores, cluster labels, or identified patterns. These results are often more directly actionable.
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Sebastian Schenk
Director - Digital Transformation & Innovation
Genau, beide Methoden haben ihre spezifischen Stärken und sind somit wertvoll. Während Data Mining mit seiner Fähigkeit, komplexe Modelle zu nutzen und tiefergehende statistische Analysen zu bieten, eine gründliche Datenerforschung ermöglicht, bietet Text Mining durch einfachere und direkt verständliche Outputs einen zugänglichen Einstieg in die Datenanalyse. Diese Kombination aus tiefer und breiter Analyse ermöglicht es Organisationen, ein umfassendes Verständnis ihrer Daten zu entwickeln und sowohl detaillierte als auch breitgefächerte Einsichten zu gewinnen. Daher sind sowohl Data Mining als auch Text Mining unverzichtbar, um die volle Bandbreite an Möglichkeiten, die Daten bieten, zu nutzen.
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Marghoob Ahmad Usmani
Data Scientist | Travier |Generative AI | NLP
Data mining techniques typically uses evaluation metrics such as accuracy, precision, and recall to evaluate model performance. Text mining task, on the other hand, uses evaluation metrics such as BLEU Score, Perplexity, Rouge score to evaluate model performance depending on the NLP task being performed. Traditionally, Data mining software is often used in domains such as finance, marketing, and healthcare, where structured data is commonly used. Text mining software is often used in domains such as social media, customer service, and sentiment analysis, where unstructured text data is commonly used. However this myth is being broken rapidly as the LLM model are fined tuned for different specific task
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DAVID DUARTE
HEAD OF INTERNAL CONTROL Falabella Retail S.A
🚀 Unveiling Insights with Data & Text Mining! 🚀 Navigating the outputs of data mining can be complex, requiring a grasp of intricate models and statistical details—often a challenge without a tech background. These tools generate predictive models and classification schemes rooted in deep algorithmic understanding. On the flip side, text mining outputs are more accessible. Techniques like word clouds, sentiment scores, and topic distributions provide clear, actionable insights, making them ideal for non-experts. #DataMining #TextMining #BigData #Analytics
Data mining software is utilized across various industries for tasks like customer segmentation, fraud detection, and market basket analysis. Its versatility allows it to adapt to different industry needs. Text mining software is particularly useful in industries where textual data is abundant, such as social media analysis for marketing, customer feedback analysis in retail, or document analysis in legal and research domains. Its specialized focus on text makes it indispensable for tasks involving large volumes of unstructured textual data.
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Vinay Shukla
Pharmaceutical Chemist, Institute of Teaching & Research in Ayurveda
Text Mining: Widely used in customer service for sentiment analysis, in legal and healthcare industries for document analysis, and in academia and media for content analysis and research. Data Mining: Used across various industries including finance for risk analysis and fraud detection, marketing for customer segmentation, retail for market basket analysis, and healthcare for predictive analytics.
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DAVID DUARTE
HEAD OF INTERNAL CONTROL Falabella Retail S.A
🌐 Leveraging Data & Text Mining Across Industries! 🌐 Data mining software excels in diverse applications like customer segmentation, fraud detection, and market basket analysis, adapting seamlessly to various industry needs. Text mining shines where textual data is plentiful—think social media analysis for marketing, customer feedback in retail, or document scrutiny in legal and research fields. Its focus on unstructured text makes it essential for handling large volumes of data. #DataMining #TextMining #BigData #Analytics #TechTrends
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Prashant Patil
Python Developer | Scrapy, API, Web Scraping
Data mining software finds applications in customer segmentation, fraud detection, and market analysis across various industries. Text mining software, on the other hand, is indispensable for tasks involving large volumes of unstructured textual data, such as social media analysis and customer feedback analysis in retail.
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Anusha Naik
Data Science | Artificial Intelligence | Prompt Engineer | Generative AI | Machine Learning, Analytics |Data Modelling | PowerBI | Business-Risk Analytics | Financial Modelling | SQL|
Tools and Software: Text Mining: Text mining software includes tools and platforms specifically designed for analyzing textual data, such as IBM Watson Natural Language Understanding, RapidMiner Text Mining Extension, NLTK (Natural Language Toolkit), and spaCy. Data Mining: Data mining software encompasses a broader range of tools and platforms that support the analysis of structured and semi-structured data, including IBM SPSS Modeler, SAS Enterprise Miner, RapidMiner, KNIME, and Weka.
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Asma Jalal
Data Analytics, Insights and Data Science Lead at British Gas
Text mining software focuses on extracting insights from unstructured text data using techniques like natural language processing and sentiment analysis. It’s ideal for tasks such as sentiment analysis, document categorization, and entity extraction. On the other hand, data mining software handles both structured and unstructured data, using techniques like clustering, classification, and association rule mining. It’s used across various industries for tasks such as customer segmentation, fraud detection, and predictive modeling. While text mining software specializes in textual data, data mining software has a broader application, encompassing all types of data for analysis and insight extraction.
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Danae Willis
Strategist | Collaborator | Innovator
Data Mining: Data mining involves extracting patterns and insights from structured data sets, such as databases or spreadsheets. It’s used to analyze historical data, identify trends, and make predictions. Text Mining: Text mining deals with unstructured data, such as text documents, emails, social media posts, etc. It involves extracting meaningful information from text using techniques like NLP, sentiment analysis, and topic modeling.
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Siamak Salimy
PhD. in Bioinformatics | M.S. in Computer Engineering
Text mining software is specifically designed to extract useful information and insights from unstructured text data, such as emails, social media posts, articles, or customer reviews. It involves techniques like natural language processing (NLP) and machine learning to analyze the text and uncover patterns, sentiments, topics, or entities.
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Yogesh Shinde
Director, Program Management at Servicenow
TextCNN encodes the tokens into numerical representations - typically dense vectors. These vectors capture semantic meaning and context, allowing the model to learn patterns effectively. Then it uses these numerical representations to classify text or identify patterns. It's like translating words into a language the computer understands and then letting it do its magic to find patterns and make predictions.
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Mohammad Akbari
💥 5x LinkedIn Top Voice(Machine Learning, Data Science, and Electrical Engineering) | Entrepreneur | Building Next-gen AI Solutions | AI Researcher and Instructor
Text mining focuses on unstructured textual data, using natural language processing techniques for tasks like sentiment analysis and topic modeling. Data mining deals with structured data, using statistical and machine learning methods for tasks like clustering and classification. Text mining tools include NLTK and spaCy, while data mining tools include IBM SPSS Modeler and RapidMiner. Text mining analyzes text for insights, while data mining discovers patterns in structured datasets.
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Andrea Castellari
Former System Engineer at IBM Global Business Solutions
I experimented using Cortical Learning Algorithms (CLA for short) with varying degrees of success. The promise is that anything the brain can do, CLAs can mimic. I applied this to trading in the ForEx market, where calendar events can be incorporated as part of a strategy. Still wip, I'm afraid
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