data warehouse and mining final
Post on 26-May-2015
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A process of transforming data into information .
To make it available to users in a timely manner to make a difference.
[Forrester Research, April 1996]
Data
Information
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• For assembling and managing data from various sources for the purpose of answering business questions. Thus making decisions that were not previous possible.
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RelationalDatabases
LegacyData
Purchased Data
ERPSystems
Data Warehouse Engine
Optimized Loader
ExtractionCleansing
AnalyzeQuery
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Data Mining Is The Valuable process of identifying Valid Novel Potentially Usefull data from databases.
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•Brute-force crunching of bulk data
•A difficult to understand technology requiring an advanced degree in computer science
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“Necessity is the Mother of Invention”
We are drowning in data, but starving for knowledge !
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By Utilizing the CRISP-DM Methodology
Requirements:Existing dataSoftware technologies Situational expertise
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Data mining core of knowledge discovery process
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Data Mining
Database Technology Statistics
MachineLearning
PatternRecognition
AlgorithmOther
Disciplines
Visualization
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Finance / BankingManufacturingMarketing / RetailGovernments
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Privacy IssuesSecurity issuesMisuse of information/inaccurate information
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Data mining brings a lot of benefits to businesses, society, governments as well as individual. However privacy, security and misuse of information are the big problems if they are not addressed and resolved properly.
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Any Questions..??
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