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SYNOPSIS
on
Data Mining
Techniques
(Session 2019-2020)
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Abstract:
Data mining on large databases has been a major concern in research community,
due to the difficulty of analyzing huge volumes of data using only traditional
OLAP tools. This sort of process implies a lot of computational power, memory
and disk I/O, which can only be provided by parallel computers. We present a
discussion of how database technology can be integrated to data mining
techniques. Finally, we also point out several advantages of addressing data
consuming activities through a tight integration of a parallel database server and
data mining techniques.
This synopsis gives a short overview of the Data Mining Techniques. It contains
the need for this technology, its technical applications, some methods available
to perform data mining techniques, its advantages and some obstacles which are
required to be overcome by future technological developments. For this, I
reviewed 8 research papers of IEEE conferences ranging from 2016 to 2019.
Data mining is used for examining raw data, including sales numbers, prices, and
customers, to develop better marketing strategies, improve the performance or
decrease the costs of running the business. Also, Data mining serves to discover
new patterns of behavior among consumers.
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Data Mining Techniques:
4) Decision Tree: A decision tree is a predictive model and the name itself
implies that it looks like a tree. In this technique, each branch of the tree is
viewed as a classification question. It leaves the trees which are considered
as partitions of the dataset related to that particular classification. This
technique can be used for exploration analysis, data pre-processing and
prediction work.
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7) Tracking Patterns: Tracking patterns is intuitive for many people. Unlike
anomalies, patterns are generally reliable, though they're by no means
infallible. Businesses that store and analyze data in order to build buyer
personas and remain competitive have a clear advantage over those that
don't. Not only that, but identifying patterns is arguably the only thing that
makes identifying anomalies a possibility. If a business hasn't noticed a
pattern, how can it notice an anomaly? This means that companies which
don't recognize patterns also miss out on using anomalies to their
advantage.
Advantages:
• Data Mining is used for finding the hidden facts by approaching the market,
which is beneficial for the business but has not yet reached.
• It is also used for identifying the area of the market, to achieve marketing
goals and generate a reasonably good ROI.
Conclusion:
Finally, the bottom line is that all the techniques help in the discovery of new
creative things. And at the end of this discussion about the data mining
techniques, one can clearly understand the feature, elements, purpose,
characteristics, and benefits with its own limitations.
Therefore, after reading all the above-mentioned information about the data
mining techniques, one can determine its credibility and feasibility even better.
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References:
1. Hussain Ahmad Madni; Zahid Anwar; Munam Ali Shah, “Data Mining
Techniques and Applications – A Decade Review”, 2017 23rd
International Conference on Automation and Computing (ICAC), 26
October 2017.
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9. Prashant Y. Niranjan; Harish H. Kenchannavar; Ramesh Medar, “Data
Mining Techniques in Telecom Sector”, 2017 International Conference on
Energy, Communication, Data Analytics and Soft Computing (ICECDS),
21 June 2018.