8/16/2005

Data Warehousing Review - Future of Data Mining

Data mining is the analysis of large data sets to discover patterns of interests. Data mining has come a long way from the early academic beginnings in the late seventies. Many of the early data mining software packages were based on one algorithm.

Until the mid-nineties data mining required considerable specialized knowledge and was mainly restricted to statisticians. Customer Relationship Management (CRM) software played a great part in popularizing data mining among corporate users.... The algorithms are packaged behind business functionality such as Churn analysis.. the process to predict which customers are the ones most likely to defect to a competitor.



Data Warehousing Review - Future of Data Mining

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