What is Data Mining?
Data mining is the process of finding interesting patterns in large sets of data. Also, see the Wikipedia entry on data mining. To use the mining analogy, data mining gives you the tools to find the patterns you want (the ore) in a vast collection of data (the ground). And once you’ve found the patterns, you can then extract what’s valuable (the minerals), leaving everything else behind (the rocks).
Data Quality – Key to Successful Business Integration Over the last several years leading industry analysts and data quality experts have opined that the success or failure of a CRM, data warehouse, e-business or ERP implementation hinges in large part on the quality of an organization’s customer information. As more and more organizations turn to these IT-driven initiatives to increase revenue growth, productivity and customer satisfaction, an organization’s approach to overcoming “data quality” problems is critical to achieving significant results. With the implementations of Enterprise Applications like ERP, CRM, Internet Banking System, many organizations are now looking for effective Data Quality solutions to handle their large-scale data quality issues. The good news is that many of the problems associated with poor data quality are avoidable, preventable and correctable if an enterprise-wide data quality (EWDQ) solution is well designed and executed. EWDQ solutions produce predi