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

Protocols and services on internet, To work with Internet as well as to uti...

To work with Internet as well as to utilize its facilities we use certain tools. For illustration, Telnet is a tool, which is utilized for logging on remote computers on the Intern

What is rom, What is ROM? Read only memory [ROM] is used for storing pr...

What is ROM? Read only memory [ROM] is used for storing programs that are permanently resident in the computer and for tables of constants that do not change in value as the pr

Explain a scheme of capability list to implement protection, Describe the s...

Describe the scheme of capability lists to implement protection? Capability lists (C- lists): These lists are utilized to make sure that uses only access files that are e

i open an ms access database, How can I open an MS Access database that ha...

How can I open an MS Access database that has been converted to a current version? Ans) MS Access is not backwards compatible. A workaround to share tables among different versi

Accessing the internet, Before we can use Internet, we have to gain access ...

Before we can use Internet, we have to gain access to it. This access is achieved in one of numerous ways. Above all, the Internet is a collection of networks which are connected t

Future trends of microcontrollers, Currently microcontrollers are embedded ...

Currently microcontrollers are embedded within most products, typical uses are in Camera's for auto focus and display drivers, Laser printers to compute fonts and control printing.

Architecture of world wide web with the basic entities, Explain architectur...

Explain architecture of World Wide Web with the basic entities. The architecture of the World Wide Web, demonstrated below, is the one of clients, as like Netscape, Lynx or Int

4bit counter using JK flip flop and unique sequence, Need to build a 4bit J...

Need to build a 4bit JK flip flop counter with a unique patter. 6 4 2 5 3 1 F C B A

Project, give sample prepaired software?

give sample prepaired software?

Scope of expert system, The scope of the experts system is very limite...

The scope of the experts system is very limited. It cannot work outside the field it is being used. The users knowledge is required to adjust to new situation. To reduce

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