Summarization is the process of selecting representative data to produce a reduced version of the given data with a minimal loss of information; so, it generally works on text, images, videos, and speech data. The chapter deals with not only concepts of text summarization (types, stages, issues, and criteria) but also with applications. The two main categories of approaches generally used in text summaries (i.e., abstractive and extractive) are discussed. Abstractive techniques use linguistic methods to interpret the text; they produce understandable and semantically equivalent sentences with a shorter length. Extractive techniques mostly rely on statistical methods for extracting essential sentences from the given text. In addition, the authors explore the SACAS model to exemplify the process of summarization. The SACAS system analyzed 50 stories, and its evaluation is presented in terms of a new measurement based on question-answering MOS, which is also introduced in this chapter.