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105 Resources for

data mining

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BNET Business Dictionary

Data Mining
the process of using sophisticated software to identify commercially useful statistical patterns or relationships in online databases
Data Mining definition on BNET »

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Analyze This
Is better analytics the key to business success? In his "The Halcyon Days of Analytics," Steve Finikiotis of management consultant Osprey Associates argues that firms should be using analytics more effectively. It's an intriguing post, but a little thin on specifics. To wit, this statement: ...
Tags: PRODUCTIVITY, Business intelligence, Marketing research, Databases, Michael Fitzgerald, data mining, Harvard Business School Press, New Technologies, tool
Blog posts 2008-06-24
Analyze This
Analyze ThisI agree: More specifics are needed.Michael, Maybe I'm guilty of assuming most companies are already using relatively sophisticated analytical methods, since most of the people I interact with do so. But I no longer need to hear general observations about data-mining -- Finikiotis was just stating the obvious when...
Tags: Marketing research, Business intelligence, Financial Planning, Tools & Techniques, Databases, PRODUCTIVITY, marketing, analytics, data mining
Discussion threads 2008-06-26
Neural Data Mining for Credit Card Fraud Detection
The prevention of credit card fraud is an important application for prediction technique. One major obstacle for using neural network training techniques is the high necessary diagnostic quality: Since only one financial transaction of a thousand is invalid no prediction success less than 99.9% is acceptable. Due to these credit...
Tags: Sales channel, Financial services, credit card transaction, neural network, credit card, data mining, technique, financial
White papers
Protecting the Public Health Through Knowledge: National Institutes of Health
The National Institutes of Health NIH is one of eight agencies of the Public Health Service and part of the U.S. Department of Health and Human Services. NIH decided that, to meet its users' need for easy access to integrated business information, it needed outside help to bring a data...
Tags: HEALTHCARE, Business intelligence, Tools & Techniques, Vertical industries, Databases, BearingPoint Inc., public health, data warehouse, decision support system, decision support, health care, decision-making, agency, knowledge
Case studies
Towards Conceptual Multidimensional Design In Decision Support Systems
Multidimensional databases support efficiently On-Line Analytical Processing OLAP. In this paper, we depict a model dedicated to multidimensional databases. The approach we present designs decisional information through a constellation of facts and dimensions. Each dimension is possibly shared between several facts and it is organised according to multiple hierarchies. In...
Tags: Constellation, Decision Support System, Data Mining, Databases, Tools & Techniques, Storage, Enterprise Software, Software, Data Management, Management, Hardware
White papers
Refresh External Data In Excel Services
Data in a Microsoft Office Excel workbook that has been displayed in Excel Services can come from two different locations. The data may be stored directly in the workbook, or it may be stored in an external data source, such as in a database or in an Online Analytical Processing...
Tags: Data mining, Microsoft Office, Databases, Microsoft Corp., OLAP, data source, Microsoft Excel, database
White papers
Pragmatic Business Intelligence and Scorecarding (Part 1)
The business leader may dream of having easy access to scorecards containing key performance measures and colored alerts, easy drill-down to details, and consistent enterprise-wide reporting that integrates data from multiple sources so executives and managers all share one version of the truth. Idealists the IT department may share vision,...
Tags: Data mining, PRODUCTIVITY, Databases, data mart, ETL, vision, OLAP, legacy system, business intelligence, tool, analysis, performance
White papers
Activity Based Management: Improving Processes and Profitability - Chapter 4, Frameworks for Measurement and Improvement
Although ABM can be used as a stand-alone approach to understand processes, product and customer costs and profitability, it provides a more powerful means of decision support if it exists as part of a larger framework of measures. Over a number of years a number of frameworks have been developed,...
Tags: Activity-based Management, Framework, Measure, Data Mining, Pricing, Managerial Accounting, Financial Accounting, Tools & Techniques, Enterprise Software, Software, Data Management, Marketing, Finance, Management
White papers
EPM: Why It's the Next Big Thing
Senior managers at enterprises worldwide have always had a vision of an all-encompassing business information system that manages day-to-day business processes while providing the analytic insight necessary to make timely, informed, proactive business decisions. Many implemented ERP applications to achieve that goal, but these applications had little, if any, decision...
Tags: Data mining, Tools & Techniques, BetterManagement.com, decision support, ERP, supply chain, business process, vision
White papers
Operation and Maintenance Decision Support
Companies that automate the process of diagnosing faults and performance degradation in equipment can lower costs and increase profits by increasing the life-cycle of critical components. Decision support technologies, such as automated diagnostics and on-line condition monitoring, can translate years of operations and maintenance engineering experience and fundamental physical principles...
Tags: Data mining, Tools & Techniques, Databases, Battelle Memorial Institute, decision support, advisor, monitoring, performance
Case studies
abaXX Technology: Innovative E-Business Solutions
Rated as one of the top 100 emerging technology companies in Europe by Tornado Insider, more than half of abaXX Technology's business comes from the financial services industry. Keeping up with the rapid pace of internet application development requires software components that are highly comprehensive and extremely flexible and easy...
Tags: Web technology, Tools & Techniques, Ilog, Internet application, decision support, web-based application, financial service, modeling, e-business, Internet, industry, software
Case studies
The Week That Was in Healthcare
As we start a new week, here's a quick wrapup of important healthcare stories that you might have missed in the week that was: Retail health clinics -- often staffed by non-physicians and set up in big-box retailers or drugstores -- have been touted as one way...
Tags: Program, Patient, Hospital, Health Care, Healthcare, Vertical Industries, Benefits, Data Mining, Enterprise Software, Software, Human Resources, Data Management, David P. Hamilton
Blog posts 2008-05-12
OfficeMax Data Mining Lets Customers Trigger Their Own Deals
If you buy a digital camera from OfficeMax but not a memory card, you'll get e-mail the following week with memory product recommendations and a 15-percent-off coupon. The Naperville, Ill., office products store excels at event-triggered communications, says managing partner Kelly Hlavinka of Colloquy, Alliance Data's loyalty consulting arm in...
Tags: Lisa Everitt, data mining, Kelly Hlavinka, OfficeMax Inc., camera
Blog posts 2008-03-25
Decision Support Consultant
The Decision Support Consultant job description template includes the following job summary: Under the direction of decision support manager: Consults with company departments to identify areas of opportunity for computer, communication, and office automation systems. Recommends solutions and assists in implementation; Advises clients in accurately planning and justifying their computer,...
Tags: Data mining, Tools & Techniques, Databases, decision support, client system, consultant, job, survey, computer
Tools & templates 2007-09-09
Data Mining In Pharmaceutical Marketing And Sales Analysis
This presentation explains the data mining in pharmaceutical marketing and sales analysis.
Tags: Business intelligence, Sales strategy, Marketing research, Databases, Sales force management, North Carolina State University, data mining, pharmaceutical company, marketing, sales
Presentations 2007-06-18
Representing Uncertainty In Decision Support
There are more than 20 measures of uncertainty and many modeling paradigms. The research question is, "How do we know which is the right choice in an OR/MS situation?" The author's talk listed some of these choices and pointed to a background paper and bibliography. Here the author summarizes this...
Tags: Data mining, Tools & Techniques, University of Colorado, decision support, modeling
White papers 2007-03-20
Closed-Loop Adaptive Decision Support Based On Automated Trust Assessment
This paper argues that it is important to study issues concerning trust and reliance when developing systems that are intended to augment cognition. Operators often under-rely on the help of a support system that provides advice or that performs certain cognitive tasks autonomously. The decision to rely on support seems...
Tags: decision support
White papers 2007-02-16
Improving Productivity In Manufacturing Environments Using Data Mining
Current production and manufacturing environments are drowning in data and starving for information. As a result, data mining is an area of interest to many manufacturing companies. Tons of data can be collected with relative ease, but the core issue is how to obtain timely & critical information for decision-making...
Tags: University of Pittsburgh, manufacturing, data analysis, data mining, decision-making, supply chain, technique, environment
White papers 2006-09-03
Value-Based Argumentation For Democratic Decision Support
This paper discusses the integration of two systems that are based on a specific theory of argumentation: the first, an existing web-based discussion forum; the second, a method to enable autonomous software agents to perform practical reasoning based upon their subscription to social values. It shows how the output from...
Tags: Tools & Techniques, theory, decision support, agent, analysis, Web, computer, software
White papers 2006-06-23
Innovative Asset Management
Properly designed decision support environments encourage proactive and objective decision making. The work presented in this paper inquires into developing a decision support environment and a tool to facilitate objective decision making in dealing with road traffic noise. In this paper, the proposed decision support framework is presented in the...
Tags: Data mining, Tools & Techniques, Databases, RMIT University, decision support, decision-making, asset management, modeling, asset, database, tool
White papers 2006-06-14
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