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Data Mining And It’s

Application
Vipul Jain
MBA
Data Mining

 Data Mining is an interdisciplinary subfield of Computer Science.


  Data Mining is the Computational Process of discovering Pattern
in Large Data Sets involving Method at the intersection of
artificial intelligence , machine learning statistics and Database
Systems
  The Overall goal of the Data Mining process is to extract
information from a data set and transform it into an
understandable structure for further use.
Data Mining

  Data Mining is a process that analyze a large


amount of data
to find new and hidden information that
improves business 
  Example:
What is not doing What is do mining
mining
 Look up in phone number in  Certain names are more
phone directory. prevalent in certain India
locations.
 Query a web search engine
for information about  Group together similar
“something”. documents returned by
search engine according to
there text.(ex- amazon
rainforest and amazon.com)
Application

 Data Mining Applications in Sales/Marketing


 Data Mining Applications in Banking / Finance
 Data Mining Applications in Health Care and Insurance
 Data Mining Applications in Transportation
 Data Mining Application in Medicine
 Data Mining Applications in Education
 Data Mining Applications in Manufacturing Engineering
 Data Mining Applications in Research analysis
Data Mining Applications in
Sales/Marketing
 Data mining enables businesses to understand the hidden patterns
inside historical purchasing transaction data. Data mining is used
for Market Basket Analysis to provide information on what
product combinations were purchased together when they were
bought and in what sequence.
 This information helps businesses promote their most profitable
products and maximize the profit. In addition, it encourages
customers to purchase related products that they may have been
missed or overlooked.
 Retail companies use data mining to identify customer’s
behaviour buying patterns
Data Mining Applications in
Transportation
 Data mining helps determine the distribution schedules among
warehouses and outlets and analyses loading patterns.
Data Mining Applications in
Health Care and Insurance
Data mining is applied in insurance industry lately but brought
tremendous competitive advantages to the companies who have
implemented it successfully. The data mining applications in
insurance industry are listed below:
 Data mining is applied in claims analysis such as identifying
which medical procedures are claimed together.
 Data mining enables to forecasts which customers will potentially
purchase new policies.
 Data mining allows insurance companies to detect risky
customers’ behaviour patterns.
 Data mining helps detect fraudulent behaviour.
Data Mining Application in
Medicine
 Data mining enables to characterize patient activities to see
incoming office visits.
 Data mining helps identify the patterns of successful medical
therapies for different illnesses.
 Example:- Smart Health Prediction in Data Mining
Data Mining Applications in
Education
 There is a new emerging field, called Educational Data Mining,
concerns with developing methods that discover knowledge from
data originating from educational Environments. The goals of
EDM are identified as predicting students’ future learning
behaviour, studying the effects of educational support, and
advancing scientific knowledge about learning. Data mining can
be used by an institution to take accurate decisions and also to
predict the results of the student. With the results the institution
can focus on what to teach and how to teach. Learning pattern of
the students can be captured and used to develop techniques to
teach them.
Data Mining Applications in Manufacturing
Engineering

 Knowledge is the best asset a manufacturing enterprise would


possess. Data mining tools can be very useful to discover patterns
in complex manufacturing process. Data mining can be used in
system-level designing to extract the relationships between
product architecture, product portfolio, and customer needs data.
It can also be used to predict the product development span time,
cost, and dependencies among other tasks.
Data Mining Applications in Research
analysis

 History shows that we have witnessed revolutionary changes in


research. Data mining is helpful in data cleaning, data pre-
processing and integration of databases. The researchers can find
any similar data from the database that might bring any change in
the research. Identification of any co-occurring sequences and the
correlation between any activities can be known. Data
visualization and visual data mining provide us with a clear view
of the data.
Thank You

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