Top 10 text analytics startup in 2020

 Gone are the days when it was hard to conduct text analytics from a wide array of text-based content? At present, a plethora of text analytics have come into being, which plays an integral role in driving through the review and social media websites so that you can find better results and engagement. 

In the current era of social media, text analytics startup is coming up with unique solutions that are beneficial to opt for the desired trends and patterns in consumers' behaviors from different textual platforms like blogs, reviews, comments, to name a few. 

It is possible to leverage such data-led insights in branding and designing the products. This write-up comprises of the names of the top 10 text analytics companies in 2020:

Semantria

Semantria is cloud-based tool that offers digital solutions of high quality. It is useful in analyzing different survey responses, tweets, user feedbacks, comments, to name a few. It is possible to perform text analytics in less than five minutes through Microsoft Excel by choosing this tool. You do not need any technical experience.

Luminoso

Luminoso has earned a high reputation in transforming the unstructured text data into crucial insights into the business. It is a popular tool that provides a suitable option for the business organization in enhancing the return on investment of the business.

teX.Ai

teX-Ai is a popular text analytics startup that offers a helping hand in generating structured data, insights, and metadata with the extraction of data from the text. It boasts advanced text analytics, which helps reveal the actual meaning from a specific language with the use of amazing text extraction solutions & abilities.

HPE

HPE or Hewlett Packard Enterprise contributes to being the innovative cloud platform that stands out of the ordinary in conferring advanced ML APIs. It is an efficient platform that allows startups, enterprises, and developers to develop data enriched enterprise and mobile applications. 

Lexalytics

Lexalytics happens to be a popular business enterprise that plays an integral role in translating data into a profitable decision. This business makes the best use of on-prem NLP, machine learning, and the start of the art cloud technologies, which help transform textual data into meaningful insights. 

This platform's solutions are leveraged in a bunch of industries that offer a helping hand in people analytics, social media monitoring, management of reputation, the voice of the customers, and employees along with different regulatory compliance programs.

Semeon Analytics

Semeon is recognized to be a platform driven by Artificial intelligence, which provides the power for customer experience. It identified cultural context, sarcasm, irony, bias to defeat the complexity of the language. It is also beneficial in collecting a regular representation of the say of the customers. It is also useful to the brands to become more responsive. 

Thus the start provides a suitable choice to business organizations to be customer-centric as it offers assistance in creating an efficient customer experience. It is also beneficial in offering extensive customer support, communication, marketing, innovation, and product departments, as you try to support the culture, process, and overall management of company transformation.

Primer

With its headquarters in San Francisco, Primer is regarded as a machine intelligence company that stands out of the ordinary to offer premium quality solutions. This enterprise makes use of the combination of different unsupervised and supervised Machine learning models. Such a solution is effective in ingesting textual data of colossal amounts in several languages. 

Besides this, they also stand out of the ordinary in conferring a summary of the most vital information. It also makes the proper use of computational engines, which are effective in the contextualization and summarization of data. Primer comes with the technical platform, which is used by a variety of government agencies, such as the Fortune 50 company, and the intelligence agency.

Kapiche

Kapiche, which is driven by Artificial Intelligence. It is beneficial in understanding the consumer feedback during scale. It is also beneficial for business organizations to make crucial decisions. 

It happens to be a data mining and analytics platform that comes with a specialization within text analytics tool. This enterprise conducts an analysis of premium quality of information from the text and searches ontology. This startup is equipped with an amazing bespoke indexer, which is meant to accomplish different analytics solutions in real-time for various unstructured data sets. 

The best thing about this tool is that it can extract the topic Model dynamically, automatically, and rapidly. It is effective in extending the search functionality for finding different insights. Another worth mentioning reason behind this tool's wide popularity is that it offers restful APO and server wrapper.

Alkymi

Alkymi, this tool provides an opportunity for the potential audience to clean unstructured details and process them to the structured data to manage the business transactions, data, and risks of the market firms.

MindGap

MindGap is one of the startups that features in-depth expertise in strategy consulting and machine learning frameworks and technology. It is a popular company that is beneficial in conferring NLP capabilities, ML and AI solutions, visualization, data segmentation, video analytics, computer vision, personalized multi-channel chatbots, to name a few.

ThoughtTrace

ThoughtTrace contributes to being contract analytics and AI-based document software. This company provides a cloud-based platform that stands second to none in offering contextual insights from different complicated contracts and documents. This solution offers amazing features like in-depth commercial insights, enterprise search, contextual relations, document identification, to name a few. A plethora of industries makes use of this text analytics solution for enhancing the revenue of the business.

Suppose you are searching for the best-in-class solution that can help you perform text analytics from a huge amount of colossal data. In that case, you should choose from either of the solutions mentioned earlier.

Author: Muthamilselvan is a passionate Content Marketer and SEO Analyst. He has 5 years of hands on experience in Digital Marketing with IT and Service sectors.