This research paper is an attempt to explore unstructured data that has taken the world of data science by storm. Handling the unprecedented growth of unstructured data is a big challenge faced by most data scientists. This paper discusses about the types and sources of unstructured data and effective ways of processing and analysing this data.

In an era of big-data the general consensus is that relationships between variables of interest surface almost by themselves. Sufficient amounts of data can nowadays reveal new insights that would otherwise have remained unknown. Inferring knowledge from data, however, imposes further challenges. For example, the 2007-08 financial crisis revealed that big-data models used by investment banks an...