Data Mining , Importance, Techniques and Tools for it.

What is Data Mining? Data mining is a popular technological innovation that converts piles of data into useful knowledge that can help the data owners/users make informed choices and take smart actions for their own benefit. In specific terms, data mining looks for hidden patterns amongst enormous sets of data that can help to understand, predict, and guide future behavior. A more technical explanation: Data Mining is the set of methodologies used in analyzing data from various dimensions and perspectives, finding previously unknown hidden patterns, classifying and grouping the data and summarizing the identified relationships. The elements of data mining include extraction, transformation, and loading of data onto the data warehouse system, managing data in a multidimensional database system, providing access to business analysts and IT experts, analyzing the data by tools, and presenting the data in a useful format, such as a graph or table. This is achieved by identifying rela...