What is data mining?

Data mining is the process of extracting patterns from

data.

Knowledge Discovery Concrete information gleaned from known data. Data you may not have known, but which is supported by recorded facts. Knowledge Prediction Uses known data to forecast future trends, events, etc. (ie: Stock market predictions)

ARM is used to detect the

Banking

Marketing Credit Risk Operation Risk Data Cleansing

Telecom Industries
Marketing

Social Networking
Marketing (Text mining for advertising) Need to explore more

Health Care
Data mining helps to track patients data Possible risk of infection and disease based on previous

history

Education
Emerging trend of data mining in education.

Health Care Domain

Education Need to work more on other ideas.

Data Mining Techniques for CRM

-Seyyed Jamaleddin Pishvayi

Applications of Data Mining in Banking -Maria Luisa Barja & Jess

Cerquides

Data Mining -Chris Nelson