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What are the uses of data mining?

Data mining is a data analysis process that companies and business owners use to examine raw data, including sales numbers, prices and customers, to develop better marketing strategies, improve performance or decrease the costs of running the business. Data mining also serves to discover new patterns of behavior among consumers.

What is data mining concept?

Data mining is the process of discovering patterns in large data sets involving methods at the intersection of machine learning, statistics, and database systems to identify future patterns.

What is data analysis and data mining?

Data analysis and data mining are a subset of business intelligence (BI), which also incorporates data warehousing, database management systems, and Online Analytical Processing (OLAP). The technologies are frequently used in customer relationship management (CRM) to analyze patterns and query customer databases.

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