Text mining: Challenges and future directions

In today´s world, the amount of stored information has been enormously increasing day by day which is generally in the unstructured form and cannot be used for any processing to extract useful information, so several techniques such as summarization, classification, clustering, information extraction and visualization are available for the same which comes under the category of text mining. Text Mining can be defined as a technique which is used to extract interesting information or knowledge from the text documents. Text mining, also known as text data mining or knowledge discovery from textual databases, refers to the process of extracting interesting and non-trivial patterns or knowledge from text documents. Regarded by many as the next wave of knowledge discovery, text mining has very high commercial values.