INTRODUCTION
Why Data Mining?
What is Data Mining?
Data Mining – On What Kind of Data?
Data Mining Techniques
Applications Of Data Mining
Advantages & Disadvantages of Data Mining
Conclusion & References
Why Data Mining?
Data Explosion Problem
• Automated Data Collection tools & matured
database technology lead to tremendous amount
of data stored in database, data warehouses &
other information repositories
Lots Of Data is Being collected &
warehoused
• Web Data ,E Commerce
• Purchases Of Departments
• Bank/Credit Transactions
What is Data Mining?
Data Mining Is Process of analysing data
from different perspectives & summarizing
into useful information
Exploration & analysis, by automatic or semi
automatic means of large quantities of data in
order to discover meaningful patterns
Extraction of implicit, previously unknown &
potentially useful information of data
Data Mining – On What Kind of
Data?
Data Warehouses
Relational database
Transactional database
Advanced DB & information repositories
• Object oriented and object relational databases
• Spatial Databases
• Time Series Data & Temporal data
• Text Databases & multimedia databases
• WWW(World Wide Web)
Data Mining Techniques
Classification And Prediction
Eg. Focused hiring
Cluster Analysis
Eg. Market Segmentation
Outlier Analysis
Eg. Fraud Detection
Association Analysis
Eg. Market Basket Analysis
Evolution Analysis
Eg. Forecasting Stock market index using Time series
analysis
Applications Of Data Mining
Industry Applications
Finance- Credit card Analysis
Insurance- Claims, Fraud Analysis
Telecommunication- Call Record Analysis
Transport- Logistics Management
Consumer Goods- Promotion Analysis
Scientific Research- Image, Video, Speech
Utilities- Power Usage Analysis
Advantages & Disadvantages of
Data Mining
Advantages of Data Mining
Marketing/Retail
Finance/Banking
Manufacturing
Governments
Disadvantages of Data Mining
Privacy Issues
Security Issues
Misuse of Information/Inaccurate Information
Conclusion & References
Conclusion
Data mining brings a lot of benefits to business,
society, governments as well as individual.
However privacy, security, and misuse of informa