Data mining is a technique used to extract valuable information from large data sets and is widely used in diverse areas such as finance, retail, telecommunications, science, biology, and security. Some key applications of data mining include identifying customer purchasing patterns in retail, detecting fraudulent behavior in finance, analyzing calling patterns in telecommunications, aiding scientific research in fields like climate modeling, and detecting network intrusions. Data mining provides businesses and researchers insights to improve services, detect anomalies, and enhance decision making.
Data mining is a technique used to extract valuable information from large data sets and is widely used in diverse areas such as finance, retail, telecommunications, science, biology, and security. Some key applications of data mining include identifying customer purchasing patterns in retail, detecting fraudulent behavior in finance, analyzing calling patterns in telecommunications, aiding scientific research in fields like climate modeling, and detecting network intrusions. Data mining provides businesses and researchers insights to improve services, detect anomalies, and enhance decision making.
Data mining is a technique used to extract valuable information from large data sets and is widely used in diverse areas such as finance, retail, telecommunications, science, biology, and security. Some key applications of data mining include identifying customer purchasing patterns in retail, detecting fraudulent behavior in finance, analyzing calling patterns in telecommunications, aiding scientific research in fields like climate modeling, and detecting network intrusions. Data mining provides businesses and researchers insights to improve services, detect anomalies, and enhance decision making.
Data mining is a technique used to extract valuable information from large data sets and is widely used in diverse areas such as finance, retail, telecommunications, science, biology, and security. Some key applications of data mining include identifying customer purchasing patterns in retail, detecting fraudulent behavior in finance, analyzing calling patterns in telecommunications, aiding scientific research in fields like climate modeling, and detecting network intrusions. Data mining provides businesses and researchers insights to improve services, detect anomalies, and enhance decision making.
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APPLICATIONS OF DATA
MINNING DATA MINING
Data mining is one of the most useful techniques that
help entrepreneurs, researchers, and individuals to extract valuable information from huge sets of data. Data mining is also called Knowledge Discovery in Database (KDD). Data mining is widely used in diverse areas. There are a number of commercial data mining system available today and yet there are many challenges in this field. DATA MINING APPLICATIONS
Financial Data Analysis
Retail Industry Telecommunication Industry Biological Data Analysis Other Scientific Applications Intrusion Detection FINANCIAL DATA ANALYSIS
The financial data in banking and financial industry is
generally reliable and of high quality which facilitates systematic data analysis and data mining. Some of the typical cases are as follows:
Design and construction of data warehouses for
multidimensional data analysis and data mining. Loan payment prediction and customer credit policy analysis. RETAIL INDUSTRY
Data Mining has its great application in Retail Industry because
it collects large amount of data from on sales, customer purchasing history, goods transportation, consumption and services. Data mining in retail industry helps in identifying customer buying patterns and trends that lead to improved quality of customer service and good customer retention and satisfaction. Here is the list of examples of data mining in the retail industry −
Design and Construction of data warehouses based on the
benefits of data mining. Analysis of effectiveness of sales campaigns. TELECOMMUNICATION INDUSTRY
Data mining in telecommunication industry helps in
identifying the telecommunication patterns and improve quality of service. Here is the list of examples for which data mining improves telecommunication services:
Multidimensional Analysis of Telecommunication
data. Fraudulent pattern analysis. Identification of unusual patterns. BIOLOGICAL DATA ANALYSIS
Biological data mining is a very important part
of Bioinformatics. Following are the aspects in which data mining contributes for biological data analysis :
Association and path analysis.
Visualization tools in genetic data analysis. OTHER SCIENTIFIC APPLICATIONS
Huge amount of data have been collected from
scientific domains such as geosciences, astronomy, etc. A large amount of data sets is being generated because of the fast numerical simulations in various fields such as climate and ecosystem modeling, chemical engineering, fluid dynamics, etc. Following are the applications of data mining in the field of Scientific Applications:
Data Warehouses and data preprocessing.
Graph-based mining. INTRUSION DETECTION
Intrusion refers to any kind of action that threatens integrity,
confidentiality, or the availability of network resources. In this world of connectivity, security has become the major issue. With increased usage of internet and availability of the tools and tricks for intruding and attacking network prompted intrusion detection to become a critical component of network administration. Here is the list of areas in which data mining technology may be applied for intrusion detection:
Analysis of Stream data.
Development of data mining algorithm for intrusion detection. THANK YOU