Management

Importance of Data Mining

Importance of Data Mining

Data mining is an interdisciplinary subfield regarding computer science, is the computational process regarding discovering patterns in large data packages involving methods with the intersection of artificial intelligence, statistics, and repository systems. The overall goal from the data mining process should be to extract information from the data set and change it into an clear structure for further use. Basically, it is the process of examining data from different perspectives and outlining it into helpful information – information that can be used to increase earnings, cuts costs, or even both. Data mining software package is one of a number of analytical tools regarding analyzing data. It allows users to handle data from various dimensions, categorize it and summarize this relationships identified.