data mining


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data mining

The process of exploring and analysing databases to find previously unidentified patterns of data—popularly known as “hidden data”—which can be exploited for various purposes and produce new insights on outcomes, alternative treatments or effects of treatment on different populations.

mining

(mi'ning) [ME]
1. The extraction of useful information from a database. Synonym: data mining
2. The extraction from the earth of materials with industrial value, such as coal, silver, or gold. Miners are exposed to various occupational disorders, including respiratory diseases (e.g., pneumoconiosis), allergies, and traumatic injuries.

data mining

Mining (1).
References in periodicals archive ?
While the technological uses of data mining are attractive, there are several issues that must be addressed.
Data mining can also directly affect a business' bottom line by improving quality.
1 "Magic Quadrant for Customer Data Mining, 1Q06," by Gareth Herschel, Gartner Inc.
Pentaho was an obvious choice, based on the strength of its data mining technology, its team, and its clear leadership in open source BI.
While data mining tools can identify information that is useful for future planning, data mining can also be very useful for detecting fraudulent (theft or invoice manipulations) or high-risk activities (bad loans, investments).
For instance, data mining can help them identify such key elements in a case or series of events as patterns of time and location--by forecasting future events based on this historical data, agencies potentially could anticipate strategic locations for deployment.
Written in C for Windows, Linux or Solaris platforms, NAG Data Mining Components can extract data from flat files or OBDC compliant databases.
One of the key challenges is integrating tons of data in the mainframe data warehouse with business-specific data in data marts on the open systems client-server platform, said Kent Bauer, director of data mining and analytics at Axa Financial.
The Knowledge Discovery Center will be used to support these services and to provide an environment for demonstrating the latest data mining tools and train clients in their use.
Touches on core data mining techniques, including decision trees, neural networks, collaborative filtering, association rules, link analysis, survival analysis, and more
But the head of the agency would still have to certify in writing that the data mining was necessary and appropriate for a lawful purpose.
Users build a map of their data mining project--called a "stream"--by selecting icons--called "nodes"--that represent steps in the process.