About 80% organizational data are present in the unstructured (Text) format. E-mails, Social media, notes, and wide variety of different types of documents in text formats are present, but all these data are not got importance and analyzed in meaningful ways. It has been observed that information workers spend their significant time (up to one third) to locating this information and trying to make sense of it. Text analytics (TA) is the process which analyzed all these available unstructured text information and converts it into useful information which helps the organization significantly in their business processes. In this paper we have discussed the business values, methods of text analytics, and business application of text analytics.