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What are some examples of data mining?

The first example of Data Mining and Business Intelligence comes from service providers in the mobile phone and utilities industries. Mobile phone and utilities companies use Data Mining and Business Intelligence to predict ‘churn’, the terms they use for when a customer leaves their company to get their phone/gas/broadband from another provider.

What are data mining tools?

Data mining tools are software components and theories that allow users to extract information from data. The tools provide individuals and companies with the ability to gather large amounts of data and use it to make determinations about a particular user or groups of users.

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