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 using ...

Data mining is an analytical process designed to explore and analyze large data sets to discover meaningful patterns, correlations and insights. It involves using sophisticated data analysis tools to ...

The second step in data mining process is the application of various modeling techniques. These are used to calibrate the parameters to optimal values. Techniques employed largely depend on analytic ...

Think of data mining as digging for digital gold. It’s the technique of studying big data to reveal insights, trends, and links that aren't instantly apparent. In simple terms, it takes unprocessed ...