Showing posts with label data mining. Show all posts
Showing posts with label data mining. Show all posts

Importance Of Data Mining In Today’s Business World

What is Data Mining? Well, it can be defined as the process of getting hidden information from the piles of databases for analysis purposes. Data Mining is also known as Knowledge Discovery in Databases (KDD). It is nothing but extraction of data from large databases for some specialized work.

Data Mining is largely used in several applications such as understanding consumer research marketing, product analysis, demand and supply analysis, e-commerce, investment trend in stocks & real estates, telecommunications and so on. Data Mining is based on mathematical algorithm and analytical skills to drive the desired results from the huge database collection.

Data Mining has great importance in today’s highly competitive business environment. A new concept of Business Intelligence data mining has evolved now, which is widely used by leading corporate houses to stay ahead of their competitors. Business Intelligence (BI) can help in providing latest information and used for competition analysis, market research, economical trends, consume behavior, industry research, geographical information analysis and so on. Business Intelligence Data Mining helps in decision-making.

Data Mining applications are widely used in direct marketing, health industry, e-commerce, customer relationship management (CRM), FMCG industry, telecommunication industry and financial sector. Data mining is available in various forms like text mining, web mining, audio & video data mining, pictorial data mining, relational databases, and social networks data mining.

Data mining, however, is a crucial process and requires lots of time and patience in collecting desired data due to complexity and of the databases. This could also be possible that you need to look for help from outsourcing companies. These outsourcing companies are specialized in extracting or mining the data, filtering it and then keeping them in order for analysis. Data Mining has been used in different context but is being commonly used for business and organizational needs for analytical purposes

Usually data mining requires lots of manual job such as collecting information, assessing data, using internet to look for more details etc. The second option is to make software that will scan the internet to find relevant details and information. Software option could be the best for data mining as this will save tremendous amount of time and labor. Some of the popular data mining software programs available are Connexor Machines, Free Text Software Technologies, Megaputer Text Analyst, SAS Text Miner, LexiQuest, WordStat, Lextek Profiling Engine.

However, this could be possible that you won’t get appropriate software which will be suitable for your work or finding the suitable programmer would also be difficult or they may charge hefty amount for their services. Even if you are using the best software, you will still need human help in completion of projects. In that case, outsourcing data mining job will be advisable.

Please do visit at Outsourcing to know more about outsourcing.
Author: Scott

Web Data Mining, Web Content Mining, Web Mining, Meta Data Mining

Web Data Mining

The process of extracting the required data patterns from the huge amount of data available on the internet is called as web data mining. There are generally three kinds of web data mining techniques – web content mining, web usage mining and web structure mining. Web content mining generally examines the subject matter of a web site whereas the web usage mining is usually an automated process whereby web servers collect and report user access patterns in server access logs and web structure mining is process that involves uncovering of patterns from hyperlinks. All these web data mining processes are helpful for companies and individuals throughout the world to get necessary business intelligence, competitor analysis, marketing research information etc. Using web data mining, a company can identify a potential competitor; improve customer service, or target customer needs and expectations.

The web mining technology is generally an analytical tool used for analysing the data. With the help of this technology, data can be analysed from different perspectives and summarised into information that can be used to increase revenue, cut costs, or both. Most web information comes from web pages, often in the form of html that is formatted for a human being to read, rather than a computer. Therefore data mining using data mining tools is the easiest and fastest way of extracting the required data from large unstructured data collection present on the web. One can also avail the web data mining services offered by the data mining solutions provider like Scrappingexpert for grabbing most reliable and accurate data required to make most important business decisions. These services offer meta data mining, data mining research, news information research and competitor analysis required to enhance the productivity of the user.
Author:data1510

Outsource Your Data Mining Requirement At Very Affordable Price

What is data mining? And why is it so important in business? These are simple questions, but complex to solve, is brief information below to help understand data mining and Web services.

Data Mining in general terms can be developed as information retrieval or knowledge useful for the further process of analysis from different perspectives and summarizing valuable information to be used to increase revenue, reduce costs to competitive information about the company or product collect. And data abstraction is very important in business because the power of helping businesses harness the right information with a competitive advantage in business. Commercial companies in May and businesses have their own warehouse to help gather and organize lots of information, such as transactional data, data acquisition, etc.

But for mining and warehousing service is not affordable and not very effective cost of the solution for reliable solutions. But, as if making the information is the need for all businesses today. Many companies offer accurate and effective solutions for web data mining at a reasonable price.

Data mining is the automated analysis of large sets of information for patterns and trends that otherwise might go to find to find. It is widely used in many applications such as market research to consumers, product analysis, analysis of demand and supply, telecommunications and so on to understand. Data Mining is based on a mathematical algorithm and analytical skills to the expected results of the vast collection database business.

It can technically be defined as the automated extraction of information hidden from large databases for predictive analysis. Web mining requires the use of mathematical algorithms and statistical techniques integrated with software tools.

Data Mining Services

Data mining is the process of extracting data patterns. It is an important tool used by modern companies in business intelligence data to them an informational advantage to transform. This is the process of analyzing data from different perspectives and summarize into useful information for raising and lowering the cost of the corporation.

The technology of data mining is mainly used by companies with strong consumer focus, the retail, financial, communications and marketing organizations include. It enables companies to determine the relationship between internal factors such as skill prices, product positioning, or personnel and external factors such as economic indicators, competition and customer demographics.

Using data mining technology can easily determine the impact on sales, customer satisfaction and corporate profits.

Data mining services are offered by Webdatamining.us an optimal combination of technology and the internet that can help businesses and individuals around the world to business information that is needed, competitor analysis and marketing research to obtain information. These web data mining to offer the fastest ways to extract data from specific sites on the web that are presented in custom formats such as Excel and CSV.

Meta data mining, data mining research, online journal of research and new information sources and data analysis of the competitors are some of the remarkable features of mining services. These services for data mining, companies can more accurate data to the most potential customers to help them capture new business opportunities to generate.
Author:Joseph Hayden

Why Data Mining Is Important In Competitive Edge Of Business?

What is data mining? And why is it so important in business? These are simple questions, but difficult to solve, below is summary information to help understand data mining and web services.

Data Mining in general terms that can be developed to provide information or knowledge useful for further analysis process from different perspectives and get a summary of valuable information to be used to increase revenue, lower costs for gathering information about the competition in business product. And data abstraction are important in the business world as helping companies harness the power of accurate information that a competitive advantage in business. And commercial enterprises can have their own magazine to help them collect, organize and mine information, such as transactional data, purchasing data, etc.

But for a mining operation and services in the premises of the warehouse is not affordable and not very cost effective solution for reliable solutions. But, if the data is the need for all businesses today. Many companies offer accurate and effective web solutions for data mining at a reasonable price.

The outsourcing of abstraction of information are available at affordable prices and is available for a wide range of solutions for data mining:

• Ensure company
• Service to collect data sets
• Information dig datasets
• Web Mining
• Market Data
• Statistical information
• Information classification
• Information regression
• analysis of structured data
• extraction of data online for details of the product to collect
• raise prices
• Collect product specification
• to collect images

Outsourcing solutions and web mining solutions for data collection is effective in reducing costs, increasing productivity at affordable rates. Benefits of data mining services are:

• clear customer service or product to understand
• or less marketing costs to a minimum
• accurate information about sales, transactions
• Detection of beneficial reasons
• to minimize risk and improve return on investment
• Identifying new markets
• Understand business problems and clear objectives

specific solutions for data mining can be an effective way to reduce costs by focusing on the right place.
Author: RITA thomson
Source: http://www.articledashboard.com

Driving More Web Visitors With Data Mining


The invention of the Information Superhighway has made remarkable impact on how we live today. The world has changed and the acquisition of knowledge has never been so easy. In the business environment, competition has become a whole lot more intense. Companies that used old business models have died instantly because they never saw what lies ahead of them. A small company with enough knowledge and blazing unique ideas became a great success and became instant Icon recognizable globally in Web Marketing for Software just because they know how the game works.

Today, the game is not just about knowing how your business works. It is about knowing how will your business will be able to adapt to the rapidly changing business environment. It is about knowing what lies ahead of what is here right now. That is why companies have embraced a new generation of technologies to know this information. Data Mining is what I was referring to. Data Mining is about discovering patterns from a seemingly chaotic sets of very large information, transform this newly discovered patterns into structures that will form another sets of information from which a trend will be uncovered and eventually generate a new prediction.

Data Mining is also very useful in Search Engine Optimization process. Knowing the quantity of searches for a given keyword from certain geographic location and be able to jump in the particular sets of information could guarantee increase in high quality web visitors that would have high conversion rate. It has been a fact that organic visitors (visitors referred by search engines) are the ones that most businesses are after because of their high conversion rate. But is not enough though that having to attract visitors would guaranteed success. Data Mining is also used to interpret data collected from logs or footprints left by the visitors to know which part they probably did not liked, what they liked most and what would make them like the website more than they should to keep on patronizing the product.
Aurhor: Maria Cooper Lee
Source: http://www.articledashboard.com

Data Mining Tools Can Predict Future Market Trends

With the hit of the era of information technology, we have incorporated into an ocean of information. This information explosion is based heavily on the Internet, which has become one of the global information infrastructures. We can not the fact that every day that goes deny the content of the website are growing by leaps information and as such, it becomes increasingly difficult to obtain the desired information we are really looking. Web mining is a tool that can be used in customizing Web sites based on content and also by the user. Web mining includes normal use of the contents of mines and structure.

Data mining, text mining and web mining, different techniques and procedures to provide the necessary information to the huge database, so that companies can make better business decisions with precision, therefore, data mining, text mining and Web mining helps a lot in promoting The objectives of the "customer relationship management", whose main objective is to initiate, develop relationships with customers and adapt through profiling and classification of customers.

However, there are many issues to be addressed while dealing with the process of exploring the web. Confidentiality can be said of the trigger-button issue. Recently, complaints and breaches of confidentiality concerns considerably, as traders, businesses and governments continue to collect and store the vast amount of private information. There are concerns not only the collection and compilation of private information, but also the analysis and use of such data.

Fuelled by public concern about the increasing amount of statistics and effective technologies consisting of: conflict between confidentiality and mining is probably the basis for the higher levels of inspection in the coming years. Legal disputes are also likely in this regard. There are other problems that data mining. "Incorrect information" may lead us to vague and inaccurate analysis results and recommendations.

The submission of false information or false information when importing customer data creates a real danger to the effectiveness of web mining and effectiveness. Another risk in data mining is the mining industry may be confused with data warehousing. Companies developing data warehouses without using the correct browser software are less likely at the level of accuracy and efficiency to reach and they are also less likely to take full advantage. Similarly, cross-selling cause a problem if it breaks the privacy of clients, the violation of their faith or bored with unnecessary stress.

Web mining can be a great help to improve and link marketing programs that focus on the customers' interests and needs. Despite the potential obstacles and barriers, the market for the exploration of the web to increase by several billion dollars in the coming years. Mining can identify and target potential customers, what information is "buried" in the vast databases and strengthen customer relationships.

Data mining tools can not predict future market trends and consumer behavior, which may help companies make resolutions and proactive, knowledge-based. This is one reason why data mining known as "Knowledge Discovery". It can be said of the process of analyzing data from different perspectives and sorting and grouping data identified and finally to a database of useful information, which can still be analyzed and used by companies to establish and enhance revenue generation and cost reduction.
Author:Joseph H. Hayden
Source:http://www.searcharticles.net/

Data Collection Services, Collection Bulk Data from Website, Directories


At, Outsourcing Web Research we fulfill the need to custom data need of clients across the globe. Get accurate data collected as per your requirements by experienced data collecting company at 60% lower data collection prices.

To check the relevancy and quality of data collected, ask for FREE TRIAL on your sample data collection needs on http://www.outsourcingwebresearch.com/contactus.php

How Outsourcing Web Research Services in India can help you?

If you are looking for any sort of information small or bulk, customize as per your business requirements than you are at right place. Professionals at Outsourcing Web Research Services has more than 17 years of experience and expertise in data collection, validation, data mining, data extraction, web research services.

Data collection services you can expert:

• Research database services

• Online data collection

• Web data collection service

• Data collections from websites

• Directories data collection

• Insurance data collection

• Survey data collection services

• Financial data collection service

• Contact information, email id collection

• Product, services description collection

• Image data collection

• Healthcare data collection service

• Competitive data collections

• Customers, market data collections

• Legal data collection services

• Insurance data collection service

• Research data collection services etc

Experience and dedicated team of web researcher, data miners, and data extractors collects the required piece of information on behalf of customers and after quality check they prepare database for the same and deliver as per desired format to clients with in provided TAT.

Professionals here utilize advance technologies and software to meet every custom data collection requirement at 60% lower cost and 100% work satisfaction to client. Contact us now on info@outsourcingwebresearch.com to get more benefits and to know more visit us on http://www.outsourcingwebresearch.com/data-collection.php
Aurhor: Jeffrin Kaith

Data Mining Explained

Overview
Data mining is the crucial process of extracting implicit and possibly useful information from data. It uses analytical and visualization techniques to explore and present information in a format which is easily understandable by humans.

Data mining is widely used in a variety of profiling practices, such as fraud detection, marketing research, surveys and scientific discovery.

In this article I will briefly explain some of the fundamentals of Data Mining and its applications in the real world.

Herein I will not discuss related processes of any sorts, including Data Extraction and Data Structuring.

The Effort
Data Mining has found its application in various fields such as data mining for financial institutions, data mining for healthcare & bio-informatics, business intelligence data mining, social networks data research and many more.

Businesses use Data Mining to understand consumer behavior, analyze buying patterns of clients and expand its marketing efforts. Banks and financial institutions use it to detect credit card frauds by recognizing the patterns involved in fake transactions.

The Knack
There is definitely a knack to Data Mining, as there is with any other field of web research activities. That is why it is referred as a craft rather than a science. A craft is the skilled practicing of an occupation.

One point I would like to make here is that data mining solutions offers an analytical perspective into the performance of a company depending on the historical data but one need to consider unknown external events and deceitful activities. On the flip side data mining is more critical especially for Regulatory bodies to forecast such activities in advance and take necessary measures to prevent such events in future.

In Closing
There are many important niches of Data Mining that this article has not covered. But I hope that this article will provide you a stage to drill down further into this subject, if you want to do so!

Should you have any queries regarding Data Mining or Web research applications, please feel free to mail me.

I would be pleased to answer each of your queries in detail. Find more information at http://www.outsourcingwebresearch.com/data-mining.php

Source: Ezinearticles.com

Data Mining: Why Data Mining is Important Segment of Web Research?

From large database, to extract important and hidden data (information) for predictive analysis which is technically defined as automated data mining practice.

In other words, to retrieve very crucial data from huge amount of information which is presented in an analyzed form for specific decision making consider as data mining. In the business, most of researcher, analyzer or marketers understand the value of data mining with financial data, but also realize the challenges of leveraging this knowledge to create intelligent, proactive pathways back to the customer.

Data mining include following range of research area of internet market data research such as:
- Data Collection or Data Extraction - collecting information based on client requirements from different websites by a manual or automated process.
- Creating mailing lists with information like contact name, title, company information, address, telephone, fax, contact email, website etc. for marketing campaigns, and advertisements.
- Collecting product details like price, product description, quantity, and images or photos from other websites or product catalogs, and feeding them into content management systems or online portals.
- Running customized scripts for data extraction or data capture from websites with huge volume of data which saves time and cost.
- Checking for product updates like prices, product availability or product specifications, which change frequently and updating the database of e-commerce websites.
- Populating information into desired output formats like MS Excel, MS Access, CSV formats or any other formats according to client requirements.

Data mining itself requires the use of mathematical algorithms and statistical techniques integrated with software tools. Data Mining is used in several applications like market research, consumer behavior, direct marketing, bioinformatics, genetics, text analysis, fraud detection, web site personalization, e-commerce, healthcare, customer relationship management, financial services and telecommunications.

Outsourcing Web Research has worked positively and effectively for its clients globally. Our data mining expert is well versed in the cross discipline nature of data mining in fields such as banking, insurance, e-commerce, airline, telecom, and retail.

Our experienced team of data mining experts is ready to solve your data mining problems. Outsourcing Web Research is well known data mining company, having 17+ years of experience in the bpo industry.

Outsourcing Web Research- We invites you to explore its data mining services for effective management of your information needs. For more information you can contact at: http://www.outsourcingwebresearch.com

Quality Data Mining Services: Web Data Mining at Low Cost

We are delivering accurate data mining, data extraction, data collection and other web research services at lowest possible rate.

FOR IMMEDIATE RELEASE

PR Log (Press Release)Feb 24, 2010 – Does your business require quality data mining service at 60% Cutting Rate? Outsourcing Web Research is a leading web data mining outsourcing organization in the BPO (Business Process Outsourcing) industry.

Outsourcing Web Research is providing data mining services for more than 17 years of experience. Analyze, interpret and make the most of your data with our data mining services.

Our Data Mining Services are as follows:

• Meta Data Extraction
• Competitors’ websites and creating a database
• Web data mining services
• Data mining research
• Data interpretation
• Market research, product research, survey and analysis
• Data Extraction
• Updating collected data

We offer accurate data mining services which save 60% on your data mining cost and also you can get FREE Trial offer on your data mining assignment.

We follow the standard practices of classification, clustering, regression and association rule learning of data mining. Data mining is a special process used to search electronic stored information.

Outsourcing Web Research has worked for clients across the world specially UK, USA, Canada, and Australia from different industry sectors. We have data mining specialist to provide for all your web mining, text mining, and data mining needs. We have qualified and experienced data mining experts.

We are delivering you guaranteed accuracy and security of data and information, fast turnaround time, flexibility in outputs and many other benefits.

To know more about data mining services and wide range of benefits by outsourcing, contact us at: http://www.outsourcingwebresearch.com and save 60% on costs! Please send inquiry for your needs via e-mail us on info@outsourcingwebresearch.com

Outsource Data Mining Services with 99.98% Accuracy at $2/hr

Do you have not enough time or idea to do data mining? Are you looking to outsource data mining needs at affordable rate? Outsourcing Web Research is the best solution for data mining services to reduce over all cost of web research outsourcing.

Outsourcing Web Research is one of the greatest data mining services provider within UK, USA, and Canada and all over the world. We have unique method for data mining process to transfer large amount of historical data in the form of information using modeling techniques, statistical analysis and data base techniques.

Our data mining services will benefits to you for the following users such as:

* E-Marketing Companies
* Webhosting & Design companies looking for clients
* Companies looking for specific products/suppliers
* Organizers of trade fairs
* Travel Agencies
* Publishers of Books, Magazines etc.
* Manufacturers
* Chambers of Commerce

We have a strong client based within all over the world. We are providing solutions to more than 300 projects and 200+ clients across the globe within your means.

We have a professional data mining team from all aspects of studies. We make sure that your area of work gets your specific data mining solution. Outsourcing Web Research has a latest methods, professionals and infrastructure with latest start of the art technology.

Outsourcing Web Research has well data mining expertise having good communication skill and research ability to handle large volume of data. Our data mining specialists are well capable of workability of the team we make sure your project is given its necessary importance.

To know more information about data mining services, data extraction and data collection services please contact us at: http://www.outsourcingwebresearch.com and we will contact you very soon. For more details, send e-mail about your data mining requirements to us on: info@outsourcingwebresearch.com

Mining Patent Data for Competitive Intelligence

Patents are not new, their presence was noted long back during 16th Centaury. In U.S. at the Constitutional Convention of 1787, a federal patent power was proposed by James Madison and Charles Pinckney and was adopted without debate as Article 1, Sec. 8, clause 8. The history of Patent Law began all the way back with the Constitution of the United States which was specific about providing protection for those who invent new and unique products. But after the TRIPS, intellectual property rights and patents gained importance to the business communities and industries. The retrieval of the patent information was made easy by internet and access to different patent databases. Patent are the source of the technological innovation and detailed mining of patent literature is proven to be useful of the Completive Intelligence.

This article attempts to analyze importance and methods for the patent data mining and their future use in the competitive intelligence. The key issues discussed in this article are:

a. Importance of the patent data mining;

b. Using patent data for competitive intelligence

Data Mining is a process of discovering meaningful new correlations, patterns and trends by sifting through large amounts of data stored in repositories, using statistical, data analysis and mathematical techniques. Patents are the most valuable and comprehensive source of the technological information and thus are very crucial for the industries. A very strong patent portfolio and IPR system is needed for a industry to compete the global market. An organization’s patent portfolio forms a critical part of its IP holdings alongside its designs, trademarks, copyrights and trade secrets. Much of the value from a portfolio can only be realized through its effective management. In turn, that requires tools and techniques to help understand portfolio content, how and where this fits in with the organization’s competencies and what the market opportunities are for exploiting the technology owned.

There is also a need to identify gaps where complementary technology can be licensed in and identify non-core technology where know-how can be licensed out or divested for financial return. This is the province of patent mining. A clear and effective IP strategy critically incorporates a clear and effective strategy for managing an organization’s patent portfolio.

Read more...

Market Research Services: Online Web Research at Hi-Tech BPO

Are you looking for online data collecting and data research services? H-tech BPO is one of the best market research company delivering web research, online data research, web data mining, data mining, information retrieval, web content filtering, web data extraction, and data retrieval at low cost using offshore facility at world wide.

Hi-Tech BPO has more than 17 years of experience in online web research and data mining services. We are covering enlarge data research outsourcing services which are defined as under:

• Survey and analysis
• Advertising research
• Product trend research
• Mailing list web research
• Internet Research and Reporting
• Web research and data entry into any format
• Information retrieval
• Data Mining
• Web Content Filtering
• Web Data Extraction

Our web research expert has enough online resource to get information on the internet. Our web research service will improve the effectiveness of your organization. Our researchers are practiced enough to filter right information from the wide range of data available on the Internet.

Use FREE Trial Offer on online web research services for first few hours and you can test our quality and accuracy.

Our Web research specialist will furnish you strategic advice regarding Internet and online marketing procedures. Our web research team has visited millions of websites, valuable website data to add quality to our work.

At Hi-tech BPO, market research services or online web research is supported by the brilliant infrastructure and experienced professionals have a sharp eye for details and a genuine interest in research. You can also have a clear picture regarding client satisfaction and reliability, brand equity, popular business trends and a lot more with us.

If you are looking for Instant Quote from our web research experts, then please contact us at: http://www.hitechbpo.com/contactus.php and know more about our web research services http://www.hitechbpo.com/webresearchservices.php OR send e-mail us at: info@hitechbpo.com.
# # #
Hi-Tech BPO is a leading Data Entry Company having 15+ years of experience in bpo industry, We offer outsourcing data entry services, data conversion, data processing & other BPO Services at affordable rates.
Source: http://www.prlog.org/10454520-market-research-services-online-web-research-at-hitech-bpo.html

Absolute Web Research Services at Cost Effective Rate

Are you facing problem of data collecting requirements? Not have enough time to learn or to do web research? Outsourcing Web Research is one of the ideal destinations for market research, data mining and other research services at affordable rate.

Outsourcing Web Research offers a complete variety of web research solutions to different industries and businesses. Our expertise in knowledge management and web research services helps us carve out customized research solutions for our clients. A few of them are listed below.

Web Data Mining and listing
Address and E-mail compilation
Database Building
Populate database of E-commerce
Websites/Online stores through
Web research and product research
Market research
Web survey and analysis
Updating Lists
Validation of addresses
Enhancement of Customer List

We provide web research services for all your business specific requirements and stay on constant touch with you for instructions, status updates and accomplish the requirement within the given time and with high accuracy.

You can use our FREE Trial Offer for any web research services for first few hours. No hidden Charges and you can test our accuracy and fast web research services.

We carry out the whole procedure from scratching to creating your own significant database. Outsourcing Web Research is one of the best business processing outsourcing organizations in the business.

Outsourcing Web Research has best infrastructure includes 200+ workstations supported by advanced technologies for operational efficiency and optimum security of your data and information. To get more information about our web research services, please contact us at: http://www.outsourcingwebresearch.com/contactus.php OR e-mail us at: info@outsourcingwebresearch.com

Source: http://www.prlog.org/10455867-absolute-web-research-services-at-cost-effective-rate.html

Computer Seminars - Data Mining Explored

Our world today requires easy and fast access to information. The Internet is our first option for our information need. With the development of the Internet the availability of resources is endless. Companies are able to present their portfolio of products to the public through a single click. Research and surveys can easily be conducted to a wider audience without having to worry about the distance. And as users of the Internet, we are able to look for information at our own convenience. We need to collect information for our advantage. Data mining gives us the answer.

How are we going to organize all data we have collected? Data mining is the process of collecting huge amount of data for a specific field from resources available. Collected data are then compiled and analyze ready to be converted into information. Software applications are develop to do this task on the Internet.

Analysis for data mining is complicated. Gathered data can be operational, non-operation, or metadata. Operational data are those that are needed to run a business or establishment. This includes sales, inventory and company forms. Non-operational data are used for research and analysis. Examples of this type are forecast and training materials. Metadata is the study of the data itself.

Data mining software collects patterns and relationships. An analysis can be done on the data extracted from a food chain. After having those data converted into information in such it can be readable like graphs and charts. The management can then check what days are they receiving the most number of guests and what types of orders are they making. Having these results will help increase their revenue.

If you want to know more about Seminar Topics then feel Free to visit Computer Seminar Topics and Engineering Seminar Topics

Article Source: http://EzineArticles.com/?expert=Jitesh_Arora

Cutting Down the Cost of Data Mining

For most industries that maintain databases, from patient history in the healthcare industry to account information for the financial and banking sectors, data entry costs are a significant expense for maintaining good records. After data enters a system, performing operations and data mining extractions on the information is a long process that becomes more time consuming as a database grows.

Data automation is essential for reducing operational expenses on any type of stored data. Having data entrants performing every necessary task becomes cost prohibitive quickly. Utilizing software solutions to automate database operations is the ultimate answer to leveraging information without the associated high cost.

Data Mining Simplified

Data management software will greatly enhance the productivity of any data entrant or end user. In fact, effective programs offer macro recording that can turn any user into a data entry expert. For example, a user can perform an operation on a single piece of data and "record" all the actions, keystrokes, and mouse clicks into a program. Then, the computer software can repeat that task on every database entry automatically and at incredible speeds.

Data mining often requires a decision making process; a recorded macro is only going to perform tasks and not think about what it is doing. Software suites are able to analyze data, decide what action needs to be performed based on user specified criteria, and then iterate that process on an entire database. This function nearly eliminates the need for a human to have to manually look at data to determine its content and the necessary operation.

Read more...

Posted in Labels: , | 0 comments

Money-Spinning Web Data Mining Services

Data mining is a tool to transform data into information. Useful data gets generated every year. To search particular information from them required lots of time. To save such time and make it precise data mining come into the picture. Web data mining is a process of colleting information from web structure, content and usage. To do this task, experts must have essential knowledge.

Data Entry India offer highly accurate web data mining services to their clients. Our experience in web data mining structure, data mining statistical software and data manipulation makes us best choice for clients. We offer excellent web data mining services for first few hours absolutely free, post your requirement now at: http://www.dataentryindia.comcontactus.php

We can meet deadline for any size of web data mining requirements for any kind of industry. We can manage:

• Web Structure Mining

• Web Content Mining

• Web Usages Mining

You get money-spinning web data mining services with various benefits:

• We offer up to 60% Savings on web data mining services.

• We offer error free output to our clients.

• We offer high accuracy in data mining services through experienced experts.

• We offer quick result with latest software and technologies.

• We offer multidimensional analysis as well as web data mining support.

• We offer timely tested process to deliver output timely.

So outsourcing your requirements to Data Entry India enables you to save time and money without compromising to quality of output. Just check out http://www.dataentryindia.com/data_processing/data_minin ... to know more about the data mining services. You can also mail us your requirements directly at info@dataentryindia.com

Data Mining and Financial Data Analysis

Introduction:

Most marketers understand the value of collecting financial data, but also realize the challenges of leveraging this knowledge to create intelligent, proactive pathways back to the customer. Data mining - technologies and techniques for recognizing and tracking patterns within data - helps businesses sift through layers of seemingly unrelated data for meaningful relationships, where they can anticipate, rather than simply react to, customer needs as well as financial need. In this accessible introduction, we provides a business and technological overview of data mining and outlines how, along with sound business processes and complementary technologies, data mining can reinforce and redefine for financial analysis.

Objective:

1. The main objective of mining techniques is to discuss how customized data mining tools should be developed for financial data analysis.

2. Usage pattern, in terms of the purpose can be categories as per the need for financial analysis.

3. Develop a tool for financial analysis through data mining techniques.

Data mining:

Data mining is the procedure for extracting or mining knowledge for the large quantity of data or we can say data mining is "knowledge mining for data" or also we can say Knowledge Discovery in Database (KDD). Means data mining is : data collection , database creation, data management, data analysis and understanding.

There are some steps in the process of knowledge discovery in database, such as

1. Data cleaning. (To remove nose and inconsistent data)

2. Data integration. (Where multiple data source may be combined.)

3. Data selection. (Where data relevant to the analysis task are retrieved from the database.)

4. Data transformation. (Where data are transformed or consolidated into forms appropriate for mining by performing summary or aggregation operations, for instance)

5. Data mining. (An essential process where intelligent methods are applied in order to extract data patterns.)

6. Pattern evaluation. (To identify the truly interesting patterns representing knowledge based on some interesting measures.)

7. Knowledge presentation.(Where visualization and knowledge representation techniques are used to present the mined knowledge to the user.)

Read more..

Business Intelligence Data Mining

Data mining can be technically defined as the automated extraction of hidden information from large databases for predictive analysis. In other words, it is the retrieval of useful information from large masses of data, which is also presented in an analyzed form for specific decision-making.

Data mining requires the use of mathematical algorithms and statistical techniques integrated with software tools. The final product is an easy-to-use software package that can be used even by non-mathematicians to effectively analyze the data they have. Data Mining is used in several applications like market research, consumer behavior, direct marketing, bioinformatics, genetics, text analysis, fraud detection, web site personalization, e-commerce, healthcare, customer relationship management, financial services and telecommunications.

Business intelligence data mining is used in market research, industry research, and for competitor analysis. It has applications in major industries like direct marketing, e-commerce, customer relationship management, healthcare, the oil and gas industry, scientific tests, genetics, telecommunications, financial services and utilities. BI uses various technologies like data mining, scorecarding, data warehouses, text mining, decision support systems, executive information systems, management information systems and geographic information systems for analyzing useful information for business decision making.

Business intelligence is a broader arena of decision-making that uses data mining as one of the tools. In fact, the use of data mining in BI makes the data more relevant in application. There are several kinds of data mining: text mining, web mining, social networks data mining, relational databases, pictorial data mining, audio data mining and video data mining, that are all used in business intelligence applications.

Some data mining tools used in BI are: decision trees, information gain, probability, probability density functions, Gaussians, maximum likelihood estimation, Gaussian Baves classification, cross-validation, neural networks, instance-based learning /case-based/ memory-based/non-parametric, regression algorithms, Bayesian networks, Gaussian mixture models, K-means and hierarchical clustering, Markov models and so on.

Data Mining provides detailed information on Data Mining, Data Mining Tutorials, Business Intelligence Data Mining, Web Data Mining and more. Data Mining is affiliated with Offshore Data Entry.

Article Source: http://EzineArticles.com/?expert=Ross_Bainbridge

Data Mining Services with savings up to 60% Data Mining Cost

Outsourcing Web Research is an outsourcing company providing business process outsourcing services and having specialization in low cost data mining services. We provide most effective and fast data mining services which help our clients to grow their business efficiently and productivity. We are providing FREE data mining services for first few hours without any hidden cost.

Data mining services that we offer help businesses to get critical information for their analysis and marketing campaigns. As this process requires professionals with good knowledge in internet research or online research, customers can take advantage of outsourcing their data mining projects and utilize Outsourcing Web Research resources at a very competitive price. We offer comprehensive range of data mining services at 60% cutting rates.

Outsourcing Web Research provides the following Data Mining services like:
• Data Mining to extract meta data from websites
• Data Mining from competitors’

websites and creating a database
• Data Mining for market research, product research, survey and analysis
• Data Mining for collection information about investors, funds and investments
• Data Mining from forums, blogs and other resources for customer views/opinions
• Data Mining for other matters of business intelligence

Our experienced teams of professional data mining operators are dedicated to provide complete and accurate data mining work to our worldwide customers at the turn-around-time. Our data mining solutions and services have worked positively and effectively for its clients globally. Also, costs at Outsourcing Web Research are much lower when compared to other companies or anywhere else. Some benefits include:

• 99.99% accuracy and error FREE result
• Having state-of-the-art infrastructure with high speed internet bandwidth
• Availability of different skill sets upon requirement
• Our price will save you 60 % of your current cost
• Effective deeply web access
• Highly skilled team with expertise in Data Mining
• Multidimensional analysis and data mining support
• Immediate Response

Use our FREE data mining trial to check our quality and accuracy in data mining services.

Please contact us at: http://www.outsourcingwebresearch.com/data-mining.php OR E-mail us at: info@outsourcingwebresearch.com with your data mining requirements and for FREE trial.

Source: http://www.prlog.org