Why is data mining important?
So why is data mining important? You’ve seen the staggering numbers – the volume of data produced is doubling every two years. Unstructured data alone makes up 90 percent of the digital universe. But more information does not necessarily mean more knowledge.
Data mining allows you to:
- Sift through all the chaotic and repetitive noise in your data.
- Understand what is relevant and then make good use of that information to assess likely outcomes.
- Accelerate the pace of making informed decisions.
Learn more about data mining techniques in Data Mining From A to Z, a paper that shows how organizations can use predictive analytics and data mining to reveal new insights from data.