Data Mining Techniques and its Applications : An Approach to Discover Knowledge in Data

Abstract

Data Mining (sometimes called data discovery) is the process which finds extraction of useful information and pattern from huge data, analyzing data from different perspective and summarizing it into useful information that can be used to increase revenue, cut costs, or both. Data mining is the process of extracting the useful data, patterns and trends from a large amount of data by using techniques like clustering, classification, association and regression. There are a wide variety of applications in real life. This paper discuss few of data mining techniques and applications involving some of the organizations which have adapted data mining technology to improve their business and found best results.