How are you friends and how are you doing today? Here it's me sitara and today i will make my new and first post on steem skillshare community.

I hope all members of steem SkillShare community and steemit platform will be fine and happy by the grace of Allah Almighty. I am also happy and excited to share my first post on steem skillshare community.

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It is not anything however a system of studying a big quantum of records and thereby bringing out intelligence from that quantum of facts, to assist agencies clear up enterprise challenges, manage, and mitigate dangers and thereby seize new commercial enterprise opportunities. The call is derived from an analogy of attempting to find valuable stones from a mountain of ore. The procedure of mining and statistics mining each includes scouting for precious matters with the aid of using sifting via huge quantities of information.

This system is utilized in more than one sides of a enterprise which include sales, marketing, product development, research, training, and development. If used effectively, it could do wonders because it enables in gaining precious insights approximately customers, thereby producing powerful techniques ensuing in advanced overall performance output and higher revenue.

History of Data Mining ⛏️

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If we examine history, one of the first articles that posted the word “facts mining” turned into through a gentleman named Michael C. Lovell withinside the 12 months 1983. At that time, Lovell and a few different famend economists believed this approach should result in incorrect conclusions.

However, with the aid of using the 90s, the idea of extracting fee from facts and forming styles had received popularity. In the 12 months 1996, Teradata, NCR, and every other set of corporations achieved a mission that brought about standardizing of records mining technologies. This paintings constituted of CRISP-DM method, which stands for Cross Industry Standard Process for Data Mining. The complete manner become cut up into six steps such as:

By early 2000, agencies have been capable of see the price out of records mining and this method simply took off exponentially, making the enterprise itself a exceedingly rewarding one.

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Importance of Data Mining

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As a lot as information mining is a manner this is diligently observed via way of means of one of a kind experts, it's miles essential to realize the importance of information mining.

It is obvious that it's far the method of shooting massive chunks of statistics and collect significant insights from that facts. Hence, there's a huge surge withinside the call for for information providers, similarly growing a call for for experts together with information analysts and information scientists.

Since this system includes the conversion of information into insightful information, it facilitates agencies to make choices and outline techniques for growth. It lets in groups to run precise advertising campaigns and assist in predictions. It additionally allows in getting precise insights approximately patron behaviors, that's why it's far critical to run those statistics mining projects.

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Thank you so much for reading my post and thank you so much for visiting on my post. I alao say thanks to @milakz and @lhorgic and @steem.skillshare for this wonderful community.

Regards,
@sitaraindaryas

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