How Firms Leverage Text Analytics and Sentiment Analysis

Topics Covered in Course

  • History and definition of text analytics and sentiment analysis
  • Why it is becoming the most vital strategic initiative for organizations
  • Top business drivers impacting its widespread acceptance
  • Turning unstructured information into structured data
  • How text analytics integrates with other internal intelligence programs
  • How it is leveraged for competitive advantages
  • Different applications organizations apply it to
  • The power of harnessing sentiments from text
  • Text analytics package selection methodology and steps
  • What’s needed to prepare for a text analytics program internally
  • Challenges with text analytics

Templates Included

  1. Text Analytics Package Selection Process and Steps
  2. Text Analytic Terms
  3. Text Hierarchy and Processes Within Organizations
  4. Requirements Matrix Template
  5. Issue Tracking Log Template
  6. Gap Design Template
  7. Reference Check Guidelines

Detailed Course Description

Text analytics and sentiment analysis have rapidly become essential tools for organizations seeking a competitive advantage in an era defined by big data and social media overload. The ability to quickly analyze massive volumes of text and extract actionable insight about customer perceptions, market trends, and competitor activity is transforming how organizations make decisions. The payoff includes stronger customer alignment, faster product development, improved brand positioning, and earlier identification of new business opportunities.

As more business functions become digitized, text analytics is evolving into a core organizational capability. Sentiment analysis - a specialized form of text classification - identifies opinion-based language and categorizes it as positive, negative, or neutral, providing clear insight into how customers and stakeholders truly feel about a brand, product, or event.

Organizations can no longer afford to ignore these capabilities. Information volumes continue to grow exponentially, and leading organizations distinguish themselves by applying advanced analytics across more areas of the business. Automated tools now make it possible to structure and analyze previously untapped unstructured data from both primary and secondary sources, turning raw information into a meaningful competitive advantage.

This course provides a concise, practical understanding of what text analytics and sentiment analysis are, how they work, and why they deliver value across the enterprise. You’ll also learn the key evaluation criteria and due diligence steps needed to select the right analytics technology for your organization.

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Available: Now

Level: 
Intermediate
Category: 
Company
 

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