What is data mining?

Data mining is the process of analyzing large sets of data to uncover patterns, relationships, and insights that can be used to make informed business decisions. By using a combination of statistical techniques, machine learning algorithms, and artificial intelligence tools, organizations can sift through massive amounts of data to identify trends and correlations that may not be immediately apparent. Data mining can help businesses improve operational efficiency, target marketing efforts, detect fraud, and predict future outcomes based on historical data.

This mind map was published on 28 February 2024 and has been viewed 126 times.