Wednesday, June 10, 2009

Introduction to Data Mining

What is Data Mining?

Today Data is abundant around us. With the drastic improvement in performance and reduced hardware costs,computers have become ubiquitous. The number of people using internet is increasing in more than exponential rate. As a consequence of all these, the data is getting accumulated in an unimaginable rate. This massive data makes the traditional methods of analyzing the data almost worthless. Traditional methods usually involve analysing the data, record by record which will consume exponential amount of time even with today's modern computers. So what is the use of storing this astronomical data if we cannot find any useful information out of it?