The 2020 NLP Industry Survey Sheds Light on Growth of Natural Language Technology Use in Companies
International Business Machines Corporation (IBM)
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SAN FRANCISCO (PRWEB) September 23, 2020 Gradient Flow, the leading source for data, machine learning, and AI information, today released the 2020 NLP Industry Survey Report, which provides insights into the growth of Natural Language Processing in the enterprise. The report reveals how companies are using NLP, and what that means for the field and its enterprise users. The report is now available in full on the Gradient Flow website.The term "NLP"--or natural language processing--encompasses a wide range of business use cases that are mostly text-based. Since people generally use text to record and transmit their communications, it's one of the most widely available and "interoperable" data formats. While some industry sectors such as finance and healthcare have long used text-mining approaches, more sophisticated use cases have been gaining traction across industries, especially during the latter 2010s. "We found that businesses of all sizes are ramping up use of their NLP applicat
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