This paper discusses the increasing use of data mining in business today.
Written in 2006; 1,575 words; 3 sources; $ 62.95
Paper Summary:
The paper explains that data mining is a process whereby enterprises or organizations in any industry approach their respective data and databases in a more constructive and targeted manner to produce actionable business strategies. As some researchers have observed, data mining and data warehousing are becoming more prevalent because of the large quantities of data stored in various systems and the number of business decisions made based on the data.
From the Paper:
"Thus, data mining and data mining techniques have risen to prominence with the elevation in importance of databases and, more recently, the development of data warehouses that have changed the complexion of industry in all sectors. Data mining and data warehousing solutions have been especially important in customer relations management (CRM) and in the healthcare industries for example."
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