Everyone knows what data mining is, but the term “process mining” may be new to some. According to Gartner, process mining is a methodology used to discover, monitor and improve processes that already ...

Traditional marketing research often involves assessing the overall market for a good or service, surveying consumers about their likes and dislikes, and conducting focus groups to gauge consumer ...

Data mining is a process that turns large volumes of raw data into actionable intelligence. Data mining uses statistics and artificial intelligence to look for trends and anomalies in data. It's used ...

The second step in data mining process is the application of various modeling techniques. These are used to calibrate the parameters to optimal values. Techniques employed largely depend on analytic ...

Data mining is a buzz term that many people have heard in recent months or years. However, this tool for understanding the world that we live in remains underappreciated and generally misunderstood by ...

“Our founder Ingvar Kamprad [which, by the way, is where the name Ingka comes from, a combination of the beginnings of his name and surname] released a book in 1976 called The Testament of a Furniture ...

Data mining isn’t just techno-speak for messing around with a lot of data. Data mining doesn’t give you supernatural powers, either. Data mining is a specific way to use specific kinds of math. It’s ...

The visual data mining process, seen in the first part of this two-part article, revealed patterns in four dimensions between cumulative gas well production and independent variables. "Jump ...

Data mining tools collect and analyze data much faster than humans. Learn what data mining is, how it works, and how to use it effectively. Data mining is an important big data management strategy ...