Data mining tools are still in their pioneer days. Examples of these pioneering data mining tools are ATTAR’s Data Analyzer, Software AG’s N...
Data mining tools are still in their pioneer days. Examples of these pioneering data mining tools are ATTAR’s Data Analyzer, Software AG’s NetMap, A.C. Nielsen’s Spotlight, and Intelligence Ware’s IDIS. In addition, IBM is working with select customers on a data-mining product called DataDiscovery; Pilot Software is beta testing a data mining add-in for its LightShip product.
Applications
Data mining tools are beginning to be used in many industries. Health researchers use them to discover patterns affecting the success of back surgery. Banks use them to detect credit card fraud and predict which customers are likely to change their credit card affiliations. Attorneys use them to select juries and to analyze voting patterns of Supreme Court justices. Stockbrokers use them to identify stock movements and trading patterns. Insurance companies use them to identify risky customers and behavior patterns.
Applications
Data mining tools are beginning to be used in many industries. Health researchers use them to discover patterns affecting the success of back surgery. Banks use them to detect credit card fraud and predict which customers are likely to change their credit card affiliations. Attorneys use them to select juries and to analyze voting patterns of Supreme Court justices. Stockbrokers use them to identify stock movements and trading patterns. Insurance companies use them to identify risky customers and behavior patterns.
