Text Analysis Software
Text analysis software allows companies to analyze text to estimate intent, mood or other important properties of the text. There are numerous alternative names for text analysis such as text mining, NLP engine, NLP software, NLP tools etc.
Text analysis software perform numerous functions, a few important ones are
- Entity extraction
- Sentiment analysis
Compare Text Analysis Software
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Searches with brand name
These are the number of queries on search engines which include the brand name of the product. Compared to other product based solutions, text analysis software is less concentrated in terms of top 3 companies' share of search queries. Top 3 companies receive 47% (27% less than average) of search queries in this area.
Text analysis software is a less concentrated than average solution category in terms of web traffic. Top 3 companies receive 52% (23% less than average solution category) of the online visitors on text analysis software company websites.
Number of Employees
Median number of employees that provide text analysis software is 29 which is 30
less than the median number of employees for the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 52 companies (6 more than average solution category) with >10 employees are offering text analysis software. Top 3 products are developed by companies with a total of 100-500k employees. However, 2 of these top 3 companies have multiple products so only a portion of this workforce is actually working on these top 3 products.