What are the different problems that “Data mining” can solve? - Data mining helps analysts in making faster business decisions which increases revenue with lower costs.
- Data mining helps to understand, explore and identify patterns of data.
- Data mining automates process of finding predictive information in large databases.
- Helps to identify previously hidden patterns.
What are the different problems that “Data mining” can solve?Data mining can be used in a variety of fields/industries like marketing, advertising of goods, products, services, AI, government intelligence.
The US Federal Bureau of Investigation uses data mining for screening security and intelligence for identifying illegal and incriminating e-information distributed over internet.