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Why Open Source NLP Libraries Have the Edge on Cloud Services

The business value of natural language processing (NLP) is indisputable, and there’s never been a time this technology has proven to be so useful. Just think: in the rapid shift to remote work in response to the global coronavirus pandemic, companies have leveraged NLP for everything from chatbots used to effectively onboard workers remotely, to safely interfacing with patients in healthcare settings.

Enterprise investments in NLP are increasing, but accuracy and cost still impact implementation

The Natural Language Processing (NLP) market size is expected to grow from $10.2 billion in 2019 to $26.4 billion by 2024, according...