What is Data Mining?

Data mining is the process of sorting through large amounts of data and picking out relevant information. It is usually used by business intelligence organizations, and financial analysts, but is increasingly being used in the sciences to extract information from the enormous data sets generated by modern experimental and observational methods. It has been described as "the nontrivial extraction of implicit, previously unknown, and potentially useful information from data" and "the science of extracting useful information from large data sets or databases." Data mining in relation to enterprise resource planning is the statistical and logical analysis of large sets of transaction data, looking for patterns that can aid decision making

How will Pentaho Data Mining benefit me?

Pentaho Data Mining can help you understand the business better and also exploited to improve future performance through predictive analytics. For example, data mining can warn you if there’s a high probability a specific customer won’t pay on time based on an analysis of customers with similar characteristics.

• Uncover hidden patterns and correlations in data
• Predict future events based on historical patterns