Data Mining
Data Mining
There is a huge amount of data available in the Information Industry. This data
is of no use until it is converted into useful information. It is necessary to
analyze this huge amount of data and extract useful information from it.
Market Analysis
Fraud Detection
Customer Retention
Production Control
Science Exploration
Apart from these, data mining can also be used in the areas of production
control, customer retention, science exploration, sports, astrology, and Internet
Web Surf-Aid
Fraud Detection
Data mining is also used in the fields of credit card services and
telecommunication to detect frauds. In fraud telephone calls, it helps to find the
destination of the call, duration of the call, time of the day or week, etc. It also
analyzes the patterns that deviate from expected norms.