Extracting Structured Data from Text in Natural Language

Nowadays, the amount of information in the web is tremendous. Big part of it is presented as articles, descriptions, posts and comments i.e. free text in natural language and it is really hard to make use of it while it is in this format. Whereas, in the structured form it could be used for a lot of purposes. So, the main idea that this paper proposes is an approach for extracting data which is given as a free text in natural language into a structured data for example table. The structured information is easy to search and analyze. The structured data is quantitative, while the unstructured data is qualitative. Overall such tool that enables conversion of a text into a structured data will not only provide automatic mechanism for data extraction but will also save a lot of resources for processing and storing of the extracted data. The data extraction from text will also provide automation of the process of extracting useful insights from data that is usually processed by people. The efficiency of the process as well as its accuracy will increase and the probability of human error will be minimized. The amount of the processed data will no longer be limited by the human resources.