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

Encryption techniques to ensute secured transaction on net, Two popular enc...

Two popular encryption techniques to ensute secured transactions on the net? 1. Translation table 2. Word/byte rotation and XOR bit masking.

Nix commands, reate a directory "Unix" under your home directory. Command(...

reate a directory "Unix" under your home directory. Command(s): ………………………………………….

Vector-scalar instructions- vector processing, Vector-Scalar Instructions :...

Vector-Scalar Instructions : In this type, when the combination of vector and scalar are fetched and saved in vector register. These instructions are denoted with the many function

How music is produced and generated - cad, How music is produced and genera...

How music is produced and generated - CAD Computer software and hardware advances have changed how music is produced and generated. Some of the primary reasons for this have

Embedded system design using c, W To date we have discussed elementary high...

W To date we have discussed elementary high level language programming and low level assembler programming, one of the benefits of C is the integration of both , this requires a re

Multiple stack, how to implement the multiple stack

how to implement the multiple stack

Describe the micro programmed control unit in detail, Describe the micro pr...

Describe the micro programmed control unit in detail. A micro programmed control unit is built around a storage unit is known as a control store where all the control signals a

Display methods, Describe a console application project to show the differe...

Describe a console application project to show the different formatting styles used in display methods(i.e.Console.writeLine()).

Explain a macro, Explain a macro Macro is a preprocessor directive, als...

Explain a macro Macro is a preprocessor directive, also called as macro definition takes the following general form:  #define identifier string

Why wap gateways are used, Why WAP gateways are used? The Wireless Appl...

Why WAP gateways are used? The Wireless Application Protocol Gateway is a very unique product giving semi -automatic redirection of HTML documents to WAP compatible mobile phon

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