Data Mining as an Emerging Technology - Research Paper Example

One of the notable differences that is there between data mining and databases is the fact that in databases, stored facts are retrieved from the data store while in data mining; patterns are analyzed so that new patterns that have been previously unknown can be got. Data mining is done using data that have been stored, otherwise known as static data, while database use data which are n operation and which are updated regularly. Data mining use data which have been got at a given instance. One thing that is worth noting is that data mining has its origins in statistics rather than computer science.

Although many concepts are derived from computer science, it has been argued that it shows many characteristics and has been from statistics and also has been derived from statistical urge to derive patterns which have been unknown in the past. Data mining components Data mining entails storing and managing data in a multi-dimensional database. A multi-dimensional database is perfected for use in data warehouse. It is also useful in online analytical processing (OLAP). An OLAP is a solution for giving businesses superior techniques for visualizing business metrics from different points of view.

Data must be organized in a way that will allow for optimized inquiry into the data. Data mining is the process of sorting through a collection of data for the purpose of identifying patterns and using the patterns to establish relationships. With competition going tighter, organizations are becoming more sensitive to how they handle the patterns they get from the behavior of their clients. These patterns can be used for the benefit of an organization. Many of the decision making process today are based on pattern that is got from the data (Han, Kamber, Pei, 2011).

For effective data mining, data must be stored, organized and managed using the latest tools. This will allow users to ask leading questions that will aid in making decisions. In managing data in a multidimensional environment, the intention is to b able to process data very quickly and get answers using the shortest time possible. This is the main gist of data mining. With this, it is possible to get facts that will lead to better decision-making.