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Data mining tools are used to solve business problem using the information
extracted from database. They are mostly used to compute K-means, Linear
Regression, Decision tree etc. The computation provides better insights about
their products.
In layman term, data mining tools are used to dig loads of data (rocks) to find
chunk of insight (gold).
Pricing:
There are four versions in IBM SPSS Modeler: Personal, Professional, Premium and
Gold. Below is the pricing list.
SAS Enterprise Miner
SAS Institute is a leader in BI technology. They have end to end solution for BI.
SAS Enterprise Miner is one of the awesome data mining tool. Below are their
features.
Features
Link Analysis
Data Mining Software GUI
Graphical User Interface
Principal Component Analysis
Code Node
Data Mining Software Predictive Analytics Decision Trees
Machine Learning Neural Networks
Incremental Response Models
Time Series Data Mining
Predictive Analytics Random Forrest
Model Comparison
Price:
It depends on the type of business you run and based on the negotiation. Their
prices are not fixed. I am not able to get price quote from their official site. A
user in BI forum posted that it cost $140,000 for SAS Eminer software for the first
year.