BNET Business Dictionary
Business Definition for: Data Mining
- the process of using sophisticated software to identify commercially useful statistical patterns or relationships in online databases
- the extraction of information from a data warehouse to assist managerial decision making. The information obtained in this way helps organizations gain a better understanding of their customers and can be used to improve customer support and marketing activities.
Wiktionary Definition for: Data Mining
- #a technique for searching large-scale databases for patterns; used mainly to find previously unknown correlations between variables that may be commercially useful
Additional Resources
- SAS Raises Bar on Data Mining and Text Mining; Improves Predictive Analytics; Analysis of Structured and Unstructured Data Unbeatable Combination for ROI
- CARY, N.C. -- SAS, the leader in business intelligence, today announced that enhancements to its award-winning data mining and text mining software will ship this fall. SAS' integrated data mining and text mining capabilities uncover insights quickly from information contained in structured data as well as unstructured data in large...
- Research articles 2005-08-23
- Data Mining: Agencies Have Taken Key Steps to Protect Privacy in Selected Efforts, But Significant Compliance Issues Remain
- Data mining--a technique for extracting knowledge from large volumes of data--is being used increasingly by the government and by the private sector. Many federal data mining efforts involve the use of personal information, which can originate from government sources as well as private sector organizations. The paper describes the characteristics...
- White papers 2005-08-01
- Investigating The Status Of Data Mining In Practice
- This paper is based on a survey carried out in the Malaysian environment. The paper starts with a definition of data warehouses, data mining and this is followed by a description of its current status in the Malaysian data mining environment. This is followed by a discussion on why data...
- White papers 2003-06-01
- Data Mining for Analyzing the Impact of Environmental Stress on Plants - A Case Study Using OSMID
- This paper first provides a brief background on the basic concepts and development of data mining and how it relates to data warehousing. Data mining and data warehousing are relatively new and rapidly expanding areas of information systems for which new courses and curricula being created. A brief background on...
- White papers 2004-09-09
- Data Mining Techniques
- Data mining is the process of exploring large amounts of data in search of important patterns, which can then be analyzed statistically to produce useful information for managers and other decision makers. Examples of useful statistical results include performance metrics, risk measures, and all types of forecasts. This article explains...
- White papers 2000-01-01
- Business Objects Launches Open Data Mining Initiative; Industry Leader First to Integrate a Wide Range of Data Mining Solutions; First to Deliver Data Mining Integration to Market
- CUPERTINO, Calif.--BUSINESS WIRE--May 20, 1996--Business Objects (NASDAQ: BOBJY), the world's leading provider of integrated query, reporting, and online analytical processing OLAP tools, today announced a comprehensive Open Data Mining Initiative that will let customers use a wide range of advanced data mining techniques in conjunction with its flagship product, BusinessObjects...
- Research articles 1996-05-20
- HP and SAS Institute Team Up On Enterprise Data-Mining Inititative; Companies Together Win "Data-mining Gold Rush" Competitions
- PALO ALTO, Calif. and CARY, N.C.--BUSINESS WIRE--July 10, 1997 --Hewlett-Packard Company and SAS Institute -- selected as data-mining leaders in a recent META Group survey -- today announced a collaborative effort to offer enterprisewide data-mining solutions. These solutions combine SAS Institute's data-mining software and expertise with HP's consulting and integration...
- Research articles 1997-07-10
- Penn State Taps SPSS Data Mining Certificate Program for Continuing Education Program; Students and Professionals Now Gain Access to Industry Standard in Data Mining
- Business Editors/High-Tech Writers CHICAGO--BUSINESS WIRE--July 23, 2001 Offering the opportunity for both students and the local business community to learn valuable data mining skills, the Penn State Continuing Education program selected the SPSS Certified Data Mining Professional program CDMP as the latest addition to their curriculum. The Penn...
- Research articles 2001-07-23
- Interactive Advertising Must Tackle Data Mining Taboo
- The elephant in the room at Advertising Week sessions in New York beginning today is the ongoing reluctance of companies to mine user preferences and other data many consumers are willing to share in exchange for more relevant products and services. The complicated business of...
- Blog posts 2009-09-21
- Data Mining: An Overview
- Data mining is emerging as one of the key features of many homeland security initiatives. Often used as a means for detecting fraud, assessing risk, and product retailing, data mining involves the use of data analysis tools to discover previously unknown, valid patterns and relationships in large data sets. In...
- White papers 2004-12-16
- IDC Says Canada Is Ripe for Data Mining - Canadian arm of International Data Corp - Industry Trend or Event - Brief Article
- Canada is open territory for data mining, according to a recent survey by the Canadian arm of International Data Corp. (IDC, Framingham, Mass., www.idc.com). The study finds that while only 5.2 percent of Canadian organizations surveyed use data mining products, more than 63 percent of organizations with 500 or more...
- Research articles 1998-09-10
- Wyeth v. Levine's Unintended Consequences: Prescription Data-Mining Banned in Vermont
- A federal court in Vermont has upheld a law preventing drug companies from "data-mining" prescription information from pharmacies. The court cited the U.S. Supreme Court's Wyeth v. Levine anti-preemption ruling as one of its reasons in doing so, suggesting that the Wyeth decision will consequences far beyond personal injury class-actions....
- Blog posts 2009-04-27
- Enhanced Decision Making Using Data Mining: Applications for Retailers
- With the exponential growth in the amount of data being collected, improvements in technology, and research in machine learning, retailers are now able to reduce the ever growing difficult and complex decision making process by recruiting the efforts of data mining. Data mining is a computerized technology that uses complicated...
- White papers 2002-09-25
- NeoVista and Informix to Deliver Data Mining DataBlade Modules for INFORMIX-Universal Server; NeoVista Decision Series DataBlade Modules Will Provide Informix Users With Highly Integrated Data Mining/Data Warehouse Solutions
- CUPERTINO, Calif.--BUSINESS WIRE--Nov. 25, 1996--NeoVista Solutions, Inc., a leading provider of enterprise-level data mining solutions, and Informix Software, Inc. (NASDAQ:IFMX), the leading provider of innovative database technology, announced today the two companies are working together to tightly couple NeoVista's Decision Seriesx suite of integrated data mining tools with the INFORMIXr-Universal...
- Research articles 1996-11-25
- IDC Says Canada Is Ripe for Data Mining
- Canada is open territory for data mining, according to a recent survey by the Canadian arm of International Data Corp. (IDC, Framingham, Mass., www.idc.com). The study finds that while only 5.2 percent of Canadian organizations surveyed use data mining products, more than 63 percent of organizations with 500 or more...
- Research articles 1998-09-10
- Use of Recurrent Neural Networks for Strategic Data Mining of Sales
- An increasing number of organizations are involved in the development of strategic information systems for effective linkages with their suppliers, customers, and other channel partners involved in transportation, distribution, warehousing and maintenance activities. An efficient inter-organizational inventory management system based on data mining techniques is a significant step in this...
- White papers 2002-02-01
- Real-Time Data Mining.(Brief Article)
- IBM's new DB2 Intelligent Miner Scoring integrates data-mining capabilities directly into a DB2 database for faster analysis of customer transactions. The system enables, for example, simplified ... IBM's new DB2 Intelligent Miner Scoring integrates data-mining capabilities directly into a DB2 database for faster...
- Research articles 2001-07-01
- Industrial-strength data-mining tools
- Industrial-Strength Data-Mining Tools-NCR Corporation, Dayton, Ohio, and Integral Solutions Limited ISL, Basingstoke, Hampshire, United Kingdom, have entered a new phase of their partnership. In the new relationship, ISL will integrate certain value-added features from NCR's Knowledge Discovery Workbench into the next version of ISL's Clementine data-mining product, version 4.5. Using...
- Research articles 1998-06-01
- Data Mining: Results and Challenges for Government Program Audits and Investigations.
- GAO-03-591T March 25, 2003 The Subcommittee on Technology, Information Policy, Intergovernmental Relations, and the Census, House Committee on Government Reform asked GAO to testify on its experiences with the use of data mining as part of its audits and investigations of various government programs. GAO's testimony focused on...
- Research articles 2003-04-01
- U.S. data-mining spurs investigations in Latin America
- While the value and efficiency of data-mining technology is widely acknowledged, there remains much skepticism about the technology and the privacy issues it may present. Using database exploration, data mining allows users to sort through masses of information, extract specific information in accordance with defined criteria, and then identify patterns.In...
- Research articles 2003-07-01
