Problems that needs Data Mining solution:
We are planning to launch new product to market, what is the best product that our customer needs?
We need a new loyalty program, what is the suiatble loyalty program today?
We couldn’t have any more problem in our network for this year, what is the best prevention actions?
We need to adjust the health benefit for our employee, what is the best scheme?
Definition of Data Mining and Related Stuff
Data mining: Process to transform bulk data into information through pattern extraction
Data Warehouse: How to store huge amount of data that related to the business
Business Intelligence: How to present the data in data warehouse for business report
Techniques used in Data Mining
- Nearest Neighbor
- Decision Tree
- Neural Network
- Rule Induction