New techniques and tools to process and mine this treasure ... of the data and how it’s collected and used. For example, ...

It also is a market research tool that helps reveal the ... It organizes information into classes. For example, a restaurant may want to use data mining to determine which specials it should ...

Data mining tools collect and analyze data much faster ... Data elements that share the same characteristics are grouped. For example, customers that have the same buyer intent, interests, or ...

For example, a grill manufacturer could use ... while financial companies use it for identifying new customer opportunities. Data mining tools can help target new markets and craft more attractive ...

This article is published by AllBusiness.com, a partner of TIME. What is "Data Mining?" Data mining is the process of extracting useful patterns, correlations and insights from large datasets ...