Market Overview

Quantzig Looks into the Natural Language Processing Applications in Business

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Quantzig, a global analytics solutions provider, has announced the
completion of their latest article on 5
natural language processing applications in business
.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180830005425/en/

Key Business Applications of Natural Language Processing. (Graphic: Business Wire)

Key Business Applications of Natural Language Processing. (Graphic: Business Wire)

Natural language processing is becoming an integral element of
communication in the business world. The applications of natural
language processing can be used by many organizations to enhance the
efficiency of their documentation processes, improve the accuracy of
documentation, and find the most pertinent information from large
databases.

Request
a proposal
to know more about our analytics solutions.

According to the analytics experts at Quantzig,
"Natural language processing is gradually going mainstream
now with Siri, Google, and Alexa communicating with users and easily
decoding the language spoken by them."

Business applications of natural language
processing

  • Chatbots to optimize HR: Modern companies are using the newest
    form of natural language processing system called chatbots. Primarily,
    chatbots were used majorly by B2C firms, who have to address customer
    queries and requests directly. Over the past few years, organizations
    have realized the potential of this technology and have started using
    it for operations that contain optimizing HR. These bots can reply to
    employee queries such as "when does my insurance need renewal" or "How
    many paid leaves do I have left". Some employee-friendly organizations
    are also using bots to take employee polls on workplace satisfaction
    to the snacks they want in the office pantry. Request
    a demo
    to know more about the natural language processing
    applications in business.
  • Sentiment analysis: Attaining customer insights is one of the
    key fundamentals for businesses to know where they stand in the market
    and the developments that need to be made. NLP is a great tool for
    businesses to find and evaluate the responses of customers regarding
    the messages published to the business on social media. It helps to
    recognize the tone of the message or the emotional state of the writer
    of the post. It is executed through a combination of statistics and
    NLP. Precise values are allocated to the text (positive, negative or
    neutral) and, in turn, efforts are made to find the underlying mood of
    the users. Get
    in touch
    to know more about the natural language processing
    applications in business.
  • Customer service: Guaranteeing customer satisfaction is one of
    the most interesting tasks for most organizations. This is where the
    natural language processing applications can be put to use to offer a
    better user experience. NLP is a powerful way for organizations to
    gain deeper insights into audience preferences, tastes, and
    perceptions. It makes use of speech separation, where artificial
    intelligence is used to find each voice to the matching speaker and
    answer each of the callers distinctly. This will guarantee
    personalized customer care, which therefore results in improved
    customer satisfaction.
  • Visit our
    page
    , to view the complete list of the 5 natural language
    processing applications in business

Quantzig
is a pure-play analytics advisory firm concentrated on leveraging
analytics for prudent decision making and offering solutions to clients
across several industrial sectors.

Request
a proposal
to see how Quantzig's solutions can help you.

View the complete list of 5 natural language processing applications
in business blog here:

https://www.quantzig.com/blog/key-business-applications-natural-language-processing

About Quantzig

Quantzig is a global analytics and advisory firm with offices in the US,
UK, Canada, China, and India. For more than 15 years, we have assisted
our clients across the globe with end-to-end data modeling capabilities
to leverage analytics for prudent decision making. Today, our firm
consists of 120+ clients, including 45 Fortune 500 companies. For more
information on all of Quantzig's services and the solutions they have
provided to Fortune 500 clients across all industries, please contact us.

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