MonkeyLearn is a powerful text mining tool for analyzing all of your documents, survey responses, social media, online reviews, customer feedback data – almost any form of unstructured text data for quantitative content analysis.Īdvanced machine learning algorithms and natural language processing (NLP) techniques allow the software to read text just like a human would. The 7 best online text mining tools to analyze text like a pro:īest for: Companies looking for SaaS text analysis software that’s user-friendly, highly customizable, and easy to integrate with existing tools. Read on for a comparison of the best text mining solutions on the market. Open-source (free to start, but high upfront costs for a workable solution).SaaS (cloud-based software with a monthly fee).SaaS text mining software is more useful for companies that don’t want to spend months building tools from scratch or incur huge upfront costs on hiring staff and the infrastructure itself. However, you’ll need a team of data scientists and developers, as well as robust infrastructure, which means you’ll also need high capital expenditure. If you’re an experienced coder, you might decide to build text analysis software using open-source tools like Keatext, KNIME, and Refinitiv.

When you decide to implement text mining tools, you'll need to ask yourself whether you want to build or buy a text mining solution. Using powerful text mining software, you can monitor sentiment and public perception about your products or services, and gain valuable insights that help inform business decisions. Text mining software helps businesses analyze text data about their brand, whether social media conversations, online reviews, emails, and more.

Nvivo text mining