data mining


data mining

noun

Definition of DATA MINING

:  the practice of searching through large amounts of computerized data to find useful patterns or trends

First Known Use of DATA MINING

1988

data mining

noun    (Concise Encyclopedia)

Type of database analysis that attempts to discover useful patterns or relationships in a group of data. The analysis uses advanced statistical methods, such as cluster analysis, and sometimes employs artificial intelligence or neural network techniques. A major goal of data mining is to discover previously unknown relationships among the data, especially when the data come from different databases. Businesses can use these new relationships to develop new advertising campaigns or make predictions about how well a product will sell. Governments also use these techniques to discern illegal or embargoed activities by individuals, associations, and other governments.

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