Data Mining is the process of extracting information from a large data set and transforms this extracted information into understandable data structure. The data mining is frequently applied to many information processing such as collection, extraction, warehousing, statistics and analysis as well as the applications of computer decision support systems such as artificial intelligence, business intelligence and machine learning. There are many large companies uses this technology to focus on the most important information in their data warehouses. Data mining tools used to predict future trends and behaviors, this prediction helps many companies to make proactive and knowledge driven decisions.Data mining tools can answer any business questions that are traditionally too time consuming to resolve. If you want to analyze massive databases to get the answers to your business questions like "Which clients are most likely to respond to my next promotional mailing, and why?" then data mining is the best choice to this too time consuming process.
Nowadays there are vast amount of data has been collected every day in a variety of fields such as biology, finance, marketing and medicine.
Nowadays there are vast amount of data has been collected every day in a variety of fields such as biology, finance, marketing and medicine.