There is Valuable Information in Organizations’ Unstructured Data
There is Valuable Information in Organizations’ Unstructured Data
What is unstructured data? Data that is not organized into a rigid structure, such as text, video or photos, is considered as such. Until a few years ago, extracting information from these sources was very complex and, above all, time-consuming. However, with technological advances in recent years, whether in terms of algorithms and techniques, or computational power, this task has become much easier. Nowadays, classifying segments of a video, identifying/cataloging images or extracting information from texts is something that is relatively common. However, only universities, research centers or large companies are taking advantage of this technological revolution, because, often, small and medium-sized companies simply do not even know about such a possibility.
To raise awareness of the potential of these technologies and methods, and mainly their impact on tourism and hospitality, with this post I will start a set of publications on Natural Language Processing (NLP), one of the areas with the greatest growth today .
In a simplistic way, it can be said that NLP is a sub-area of artificial intelligence, which aims to allow computers to understand and process human languages . This understanding and processing are normally divided into a set of tasks that are sometimes applied together, namely:
In this sequence, the next post will be dedicated to some examples of the potential of PLN in tourism and hospitality, starting with the analysis of sentiments and extraction of terminology applied to comments published by hotel customers on the various websites for this purpose. With these examples, we will be able to see that the information extracted from the texts of thousands of online comments is much richer and has the potential to be actionable in terms of management than the information extracted from the ratings of these comments.
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