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Insight! Takes business modeling to new heights:
  • Use historical data to predict future outcome and to model business scenarios
  • 100% point-and-click interface takes the mystery out of data mining
  • Access enterprise databases or Excel spreadsheets, or combine them
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Data Mining Research

Data mining research is the process of researching solutions involved in data mining. Data mining research can also be used to refer to the process of researching technical requirements that a business will need to understand before embarking on a data mining project. Regardless of which form of data mining research is being discussed, the benefits of data mining research can be summarized in lower long term costs associated to the adoption, learning and use of data mining software

Data Mining Research Related to Software

The first form of data mining research involves the search and evaluation of data mining software and tools. With this form of data mining research there are a number of key aspects a business should always consider. The first is to understand that not all data mining software is the same; beyond feature differentiations, your data mining research will point out that there are a number of uses for data mining software, often unrelated to one another. Data mining research can help you identify which data mining solutions are best suited for your organization. Data mining research can also help you eliminate solutions that may be too expensive too complicated or simply not suited for your needs.

Data Mining Research Related to Deployments

The second form of data mining research revolves around preparing your business for a data mining deployment. In this type of data mining research the business will need to gain an understanding of what parts of the business will be impacted by data mining and what changes will be necessary. Data mining research of this type is one of the most critical first steps before you embark on a data mining project and can be crucial in achieving a good ROI.

Planning Your Data Mining Research

Regardless of which data mining research you are about to begin, there are some key preparatory steps you should take. Data mining research can point you in a number of directions, so first and foremost determine what business issues are important to your company. Your first data mining research will probably be related to how data mining can help you resolve these problems. The second data mining research step will involve identifying solutions that can help; in this part of your data mining research consider making a list of what features will be important, how important will ease of use be and consider data mining research revolved around new applications available in the market.

Long Term Data Mining Research

Once you have completed your initial data mining research and have deployed and are using your software, there will be a temptation to stop doing any further data mining research. For the best long-term use of your investment and for the best long term benefit of your business, you should continue data mining research around the topics of best practices and latest uses for data mining in business. The field of data mining is still evolving at a rapid pace and data mining research will help you keep abreast of changes in the field and changes in thinking.

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