Examine pre-existing databases to generate new information

Assignment Help Other Subject
Reference no: EM132253855

Question: Data mining is defined by Google as "the practice of examining large pre-existing databases in order to generate new information". It is an important process to obtain knowledge about customer behavior towards business offerings. With the help of data warehouses; a large store of data accumulated from a wide range of sources within a company and used to guide management decisions (Google), information is extracted from a variety of systems, converted into a standard format and uploaded into the data warehouse. This process is known as extract, transform, and load (ETL). When the info is obtained, merged, and converted, experts can start working with the data. Nowadays, businesses use real-time data ETL, making the warehousing of data run smoothly and without interruptions. Reports can be adjusted and limited without taking too much time to figure out how to set up and use them. It is so simple it can be taken down to the ordinary user level. With data mining, businesses can make more accurate decisions and gain more profit out of it, and it can draw results to improve customer loyalty.

References: Ismail, N. (2018, June 15). The importance of data mining in today's business environment.

Marker, A. (2017, June 28). Why is data mining important?

Reference no: EM132253855

Questions Cloud

Playground for children in your local community : You are building a playground for children in your local community. Your clients would be local elementary schools.
What degree of bargaining power do the buyers have : Define the strategic thrusts and related advantages that the case study organization should use to build a business case for implementing.
What pieces of information are most critical for decision : What pieces of information are the most critical for your decision on selecting the right vendor? What other options, if any, do you have
Explain sharing and collaboration techniques : Add and configure worksheet form controls such as command buttons, option buttons, and check boxes. Explain sharing and collaboration techniques
Examine pre-existing databases to generate new information : Data mining is defined by Google as "the practice of examining large pre-existing databases in order to generate new information". It is an important process.
What is the marketing reason for implementing this campaign : Select the cause you want to support and provide the rationale for that choice. Identify a specific organization that you would like to partner with.
Design an operations strategy to change the way operation : Using as an example an organization you are familiar with, design an operations strategy to change the way operations are currently developed.
Determine how would you plan to store your data : Besides using the Hard Disk Drive, how would you plan to store your data? Explain your answer using at least 3 sentences. List at least 1 External Drive Bay.
What are some of the global forces : What are some of the global forces that affect businesses today?

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd