Data Mining Projects and Its some applications

Data Mining Projects is the term used by companies to turn complex data to useful data. By using software to look for patterns in huge batches of data. In fact, business can learn more about their customers and enhance more effective marketing strategies and increase sales and decrease costs.

The technique that are used in data mining projects are association, classification, clustering, patterns, decision tree and prediction.

Some advantages are the data mining helps finance industry and bank to determine probable defaulters and therefore it help them to issue credit card, and loan etc. This process is done based on past transactions, user behavior and data patterns.