What is Data Mining?

Posted by on Aug 27, 2009 | 1 Comment

Overview Generally, data mining (sometimes called data or knowledge discovery) is the process of analyzing data from different perspectives and summarizing it into useful information – information that can be used to increase revenue, cuts costs, or both. Data mining software is one of a number of analytical tools for analyzing data. It allows users to analyze data from many different dimensions or angles, categorize... 

What is Business Intelligence?

Posted by on Aug 22, 2009 | Leave a Comment

Business Intelligence is a broad field of study. The major thrust of business intelligence theory looks at certain factors to make high quality decisions. These factors include customers, competitors, business partners, economic environment and internal operations. Here is some more information on how these factors help businesses make quality decisions. Customers: Without customers a business can’t survive.... 
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