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Introduction Traditionally, organizations use data tactically – to manage. For the competitive, strong organizations use data strategically – to expand operations to improve profitability, reduce costs, and market more effectively. Data mining (DM) makes information assets that an organization can use these strategic objectives. In this article we have some important questions to officials on […]

What is Data Mining? Well, it can be defined as the process of hidden gems in the piles of databases for analysis. Data Mining is also known as Knowledge Discovery in Databases (KDD). It is nothing more than data mining of large databases for some specialized work. Data mining is widely used in many applications […]

Among other applications essential for business – what we call the information age where industries are as useful data needed for decision making, creating products came. Data mining and converts them pertinent information is part of the trend that allows companies to grow to their full potential. However, many companies fail on their own data […]

Data mining search and hidden patterns in large amounts of data modeling is becoming a mainstream technology. Yet, for many, a data mining project (DM) is a difficult prospect beginning. Chief among those concerns is to consider DM: “I know how to do data mining right for my organization?” A meaningful answer to this concern […]

Financial analysis tools that are useful for different purposes are of many kinds. Most of these are readily available online. Financial analysis software for text mining and data mining are two such devices. Both methods are discussed in detail in the next section. A characteristic of text mining is a method by which quality information […]