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Data Mining

What is Data mining?

Databases today can range in size into the terabytes — more than 1,000,000,000,000 bytes of data.Within these masses of data lies hidden information of strategic importance. ...
The newest answer is data mining, which is being used both to increase revenues and to reduce costs. ... Innovative organizations worldwide are already using data mining to locate and appeal to higher-value customers, to reconfigure their product offerings to increase sales, and to minimize losses due to error or fraud.
Data mining is a process that uses a variety of data analysis tools to discover patterns and
relationships in data that may be used to make valid predictions.

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Paper Information

Title: Data Mining

Words: 466
Rating: None
Pages: 1.9
submitted by: swarnad30

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