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Assignment On Data Storage System | Data Mining Techniques - ITC516

   

Added on  2020-03-01

5 Pages816 Words66 Views
Running head: DATA MINING AND VISUALIZATION FOR BUSINESS INTELLIGENCEDATA MINING AND VISUALIZATION FOR BUSINESS INTELLIGENCEName of the StudentName of the University
Assignment On Data Storage System | Data Mining Techniques - ITC516_1
1DATA MINING AND VISUALIZATION FOR BUSINESS INTELLIGENCEIntroductionIn Business, privacy goes to the extent of protecting the data and information of a customer,which are both sensitive and confidential. It makes sure that the IT systems are in compliancewith present privacy policy of the organization. The most crucial part in business is privacy andthus the organizations must understand and know the means of this privacy concern. Data miningdelivers a vital role in the competitive advantages of an organization. In the data storage systemthe data mining techniques has become crucial and there has been a potential use of data miningin this field. Data Mining was introduced in the year 1990. It was basically done for theextraction of hidden information. Data mining is all about data quality, privacy and securitymeasure. It enhances the competitiveness of an organization. Data mining helps in Decisionmaking, Data Presentation, Data Mining, Data Exploring, Data Preprocessing, Warehousing andData sources.Task 1: Data Mining in BusinessData Mining is the technique in which the company turns raw data and information intouseful information. By data mining in business, the organization can know more about theircustomer and develop more effective marketing strategy. It basically depends on the computerprocessing, data collection and data warehousing (George, Kumar& Kumar2015). This helps inkeeping track of the customer’s buying record in the retail shops or in super markets, whichhelps in decision making process of the customer’s liking and disliking and the marketingtechnique of the shop. Data mining can be a cause for concern to prove certain hypothesis.
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