Data mining and Resource monitoring

Data mining is the process of finding anomalies, patterns and correlations within large data sets to predict outcomes. Using a broad range of techniques, you can use this information to increase revenues, cut costs, improve customer relationships, reduce risks and more.

So why is data mining important? You’ve seen the staggering numbers – the volume of data produced is doubling every two years. Unstructured data alone makes up 90 percent of the digital universe. But more information does not necessarily mean more knowledge.

Data mining allows you to:

Sift through all the chaotic and repetitive noise in your data
Accelerate the pace of making informed decisions.
Understand what is relevant and then make good use of that information to assess likely outcomes.
Shows how organizations can use predictive analytics and data mining to reveal new insights from data