Natural language processing (NLP) is a technology that is becoming increasingly important for the business community. Given a text input, NLP systems can break the document into sentences and individual words, identify parts of speech (verbs, nouns, adjectives, etc.), and recognize names of people, places, organizations, etc. NLP also parses sentences to depict the dependency relationships between words, and attempts to recognize coreferences so that pronouns in a document can be associated with names that occur earlier in the document. NLP applications include analysis of twitter feeds, customer reviews, blogs, news stories, or any other corpus of text that may be relevant to an organization. This ability to impose structure on unstructured data promises to be very helpful to industry.
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