Text mining

The art of sifting through vast amounts of written text, like a prospector panning for gold, uncovering hidden patterns, trends, and valuable insights that enhance understanding and inform decision-making.

Example

A pharmaceutical company may use text mining to analyze scientific articles, research papers, and patents to discover potential new drug candidates or identify emerging trends in the field. By extracting and analyzing relevant information from large volumes of text, the company can gain a competitive edge and accelerate their research and development efforts.

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