A computational process of identifying and categorizing opinions expressed in a piece of text, to determine whether the writer's attitude towards the topic is positive, negative, or neutral
Analyze digital text to determine emotional tone of text
Organizations have large volume of text:
Emails
Customer support chat transcripts
Social media comments
Reviews
Tools can scan text automatically to determine writer’s attitude
Importance of Sentiment Analysis
Objective insights
Enhanced product and service development
Scalability in data analysis
Real-time market response
Sentiment Analysis Use Cases
Improve customer service
Brand monitoring
Market research
Track campaign performance
Refine public relation strategies
Product or service monitoring
Support political analysis
Approaches to Sentiment Analysis
Rule-based
Machine Learning
Approaches to Sentiment Analysis
Hybrid
Word Vector Embeddings
Machine learning only works on numeric input. How do we represent text in numeric form?