DATA MINING - STATE-OF-THE-ART

Citation
J. Hagedorn et al., DATA MINING - STATE-OF-THE-ART, Wirtschaftsinformatik, 39(6), 1997, pp. 601
Citations number
52
Journal title
ISSN journal
09376429
Volume
39
Issue
6
Year of publication
1997
Database
ISI
SICI code
0937-6429(1997)39:6<601:DM-S>2.0.ZU;2-M
Abstract
During the last years, general progress in information processing led to an enormous increase of the data amounts which are produced in the companies' functional units, Unfortunately, only limited capacities to analyse this flood of data are available. hs a consequence, there is the danger to overlook important management information. Therefore, it is promising to apply data mining methods which automate data analysi s processes to economic issues, This paper presents the idea of data m ining, sketches the difficulties which must be overcome, and describes the stare of the art by giving examples of systems, methods, and appl ications.