Data mining(DM) is a process, which involves the extraction of veiled analytical data from large volumes of data. This powerful technology is recently introduced to help companies in concentrating on the most important information in their data storage. KDD is another famous abbreviation for DM, which stands for Knowledge Discovery in Database or Knowledge Discovery and Data Mining.
People involved in professional web development business use Data Mining tools in several purposes. This includes prediction of future trends and its behaviors enabling business to become more proactive so that wise and knowledge-based decisions can be undertaken. DM offers an automated and prospective analysis that is much more advanced than analysis made with the help of retrospective tools that are typically made t
o aid decision support system.
Data mining software
Introduced as the futuristic data analysis technique, DM is mainly divided into three parts which are regression, classification and clustering. This technique can be used in web sites development to enhance the importance of existing information resources as well as incorporated with new online products. The state of the art DM tools are of greater use, as when they are implemented of high performance server, they are able to analyze gigantic database to get every tidbit.
This web based development is a result of a long-term research and product development evolution which started from the first storage of business data in computers. Experiencing many improvements, DM is propped up by three important technologies, including massive database, powerful multiprocessor computer or high performance server and algorithm of Data mining. With a database of adequate size and quality, technology of DM is able to generate great business opportunities that includes- An automated analysis of information in large volume of data collection
Extraction of hidden data from database