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 Data Mining A category of software products that describe the ability to scan a data pool for common factors, organizing the data to reveal a pattern. Since over 80% of the very information a company needs on its competition and on its market is already contained within the company, a data mining product potentially can offer a powerful intelligence tool to certain companies, such as credit card firms, large retailers or distributors, who already own large data pools on customer activity. Return to Dictionary list |
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