What Does Data Mining Mean?
Data mining is the process of analyzing hidden patterns of data according to different perspectives in order to turn that data into useful and often actionable information. Data is collected and assembled in common areas, such as data warehouses, and data mining algorithms look for patterns that businesses can use to make better decisions, such as decisions that help cut costs, increase revenue, or better serve customers or clients.
Techopedia Explains Data Mining
The major steps involved in a data mining process are:
