Data mining refers to the process of systematically analyzing large amounts of data to identify hidden patterns, correlations or trends. It uses advanced algorithms and methods to gain valuable insights from complex data landscapes.


Use of data mining:

  • Customer behavior: Analysis of purchase histories to identify patterns in customer behavior and derive personalized recommendations.

  • Finance: Prediction of financial markets, identification of fraud patterns or risk assessment.

  • Healthcare: Analysis of patient data for early detection of diseases, personalized treatment approaches or optimization of clinical processes.

Data mining in AI helps companies to gain insights from data for well-founded decisions and predictions and is key in the age of big data.

 

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