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Data Mining - Live Project Centre


WHAT IS DATA MINING?

Generally, data mining (sometimes called data or knowledge discovery) is the process of analyzing data from different perspectives and summarizing it into useful information - information that can be used to increase revenue, cuts costs, or both. Data mining software is one of a number of analytical tools for analyzing data. It allows users to analyze data from many different dimensions or angles, categorize it, and summarize the relationships identified.

Technically, data mining is the process of finding correlations or patterns among dozens of fields in large relational databases. Although data mining is a relatively new term, the technology is not. Companies have used powerful computers to sift through volumes of supermarket scanner data and analyze market research reports for years. However, continuous innovations in computer processing power, disk storage, and statistical software are dramatically increasing the accuracy of analysis while driving down the cost.

Most companies already collect and refine massive quantities of data. Data mining techniques can be implemented rapidly on existing software and hardware platforms to enhance the value of existing information resources, and can be integrated with new products and systems as they are brought on-line. When implemented on high performance client/server or parallel processing computers, data mining tools can analyze massive databases to deliver answers to questions such as, "Which clients are most likely to respond to my next promotional mailing, and why?"

WHY NEED DATA MINING?

Would you like to know exact information of your target market? Would you like to know few names out of hundreds and thousands of names, who are more likely to become your customer lately?

Would you like to know which transactions are more likely to be fraudulent, through demographics and transaction history of a particular person?

Would you like to know more about your loyal customers? Or would you like to know who your loyal customers are?

Data mining powerpoint extracts you all such information. It is the process of analyzing all the bulk from databases to read the patterns, which enjoy:

* Validity

* Novelty

* Usefulness

* Understandability

Quad Softwares R&D with Software Company and development located in Vadapalani, Chennai offers selective students a training on DATA MINING to complete there project development on research and submission report either for the curriculam or for stritly for R&D development purpose. Interested applicants can call the customer support and ask for DATA MINING details.
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