Advantages offered by data mining, Computer Engineering

Assignment Help:

Advantages offered by Data Mining:

1.  Facilitates discovery of knowledge from big, massive data sets.

2.  Can be used within dissimilar application areas by Fraud detection, risk assessment , market analysis and customer segmentation etc.

3.  Method to develop effective CRM applications.

4.  Returns best results when used within data warehouse environment.

5.  Used extensively in telecommunications, retail and banking & finance industry.  

 


Related Discussions:- Advantages offered by data mining

How does the xml serializer work, How does the Xml Serializer work?  What A...

How does the Xml Serializer work?  What ACL permissions does a process using it require?   Xml Serializer needs write permission to the system's TEMP directory.

Evaluate physical address of top of stack, Q. Evaluate Physical address of ...

Q. Evaluate Physical address of top of stack? Value of stack segment register (SS) = 6000h Value of stack pointer (SP) which is Offset = 0010h  So Physical address of top

Explain the concept of concurrent and parallel execution, The Concept of Co...

The Concept of Concurrent and Parallel Execution Real world systems are concurrent in nature and computer science is about modeling the real world. Illustrations of real world

Designing e-cash based system, How can it be achieved in designing e-cash b...

How can it be achieved in designing e-cash based system? E-cash is essentially an online solution.  The buyer must validate the coins by the issuer in order to get the purchase

Explain rudimentary file formats, Q. Explain rudimentary file formats? ...

Q. Explain rudimentary file formats? FTP only understands two rudimentary file formats. It classifies every file either as a text file or a binary file. A text file comprise a

What is difference between cgi and java, CGI and JAVA are fundamentally dis...

CGI and JAVA are fundamentally dissimilar, and for most applications are NOT interchangable. CGI is a protocol for running programs on a WWW server. Whilst JAVA can also be us

Explain the properties of hypercube, Q. Explain the properties of Hypercube...

Q. Explain the properties of Hypercube? Properties of Hypercube: Hypercube is both edge and node symmetric. The labels of any two neighbouring nodes vary in exactl

Face scanning security system - biometric, Face Scanning Security System - ...

Face Scanning Security System - Biometric Computer Security Systems Finally, face scanning security system are also one of biometric technologies. Generally, the principle of

Discuss the customer-to-customer transactions, Discuss the customer-to-cust...

Discuss the customer-to-customer transactions. C2C (customer-to-customer): Person-to-person transactions are the oldest type of e-business. They have been there since the

Layered architecture of electronic data interchange, Illustrated about the ...

Illustrated about the layered architecture of Electronic Data Interchange? Layered Architecture of EDI: Electronic Data Interchange is most commonly applied into th

Write Your Message!

Captcha
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