What are the advantages offered by data mining, Computer Engineering

Assignment Help:

What are the advantages offered by data mining?

Advantages offered through Data Mining are given below:

a) Facilitates discovery of knowledge through massive, large data sets.

b) Can be used in various application areas through as Fraud detection, market analysis, risk assessment and customer segmentation.

c) Technique to develop effectual CRM applications.

d) Returns best results when used within data warehouse environment.

e) Used extensively within telecommunications, banking- retail and finance industry.


Related Discussions:- What are the advantages offered by data mining

State about the object oriented analysis design, State about the Object ori...

State about the Object oriented analysis design Object oriented analysis design (OOAD) is a bottom up approach which supports viewing system as a set of components (objects) w

Mac and llc, how can we improve the way LLC and MAC are used for LAN operat...

how can we improve the way LLC and MAC are used for LAN operation.?

Data packet from one network to another, A device that forwards data packet...

A device that forwards data packet from one network to another is known as a  Switch device.

Illustration of equivalent exe program, Q. Illustration of equivalent EXE p...

Q. Illustration of equivalent EXE program? An illustration of equivalent EXE program for COM program is: ; ABSTRACT this program adds 2 8-bit numbers in the memory locations

Explain real time systems, Q. Explain Real time system? A real time sys...

Q. Explain Real time system? A real time system defines an interactive processing system with severe time limitations. A real-time system is used whenever there are rigid time

Explain about communication displays and matrix, Q. What is communication D...

Q. What is communication Displays and Matrix? Communication Displays Communication displays offer support in concluding frequency of communication whether congestion in me

What happens to logic after synthesis, What happens to logic after synthesi...

What happens to logic after synthesis, which is driving an unconnected output port that is left open (, that is, noconnect) during its module instantiation? An unconnected out

Explain the term - rational rose and visio 2000 enterprise, Explain the ter...

Explain the term - Rational Rose and Visio 2000 Enterprise Rational Rose: IBM Rational RequisitePro is a powerful and easy-to-use tool for use case management and requirement

What is the size limitation of an access database, Size limitation does not...

Size limitation does not relate to number of records in a table within a database. Forms, reports, macros, and modules also add to database size, but is rather minimal compared to

Register transfer micro-operations, Register Transfer Micro-operations ...

Register Transfer Micro-operations These micro-operations as the name proposes transfer information from one register to another. The information doesn't change during these mi

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