Strategic Utilization of Data Mining

Author(s):  
Chandra S. Amaravadi

In the past decade, a new and exciting technology has unfolded on the shores of the information systems area. Based on a combination of statistical and artificial intelligence techniques, data mining has emerged from relational databases and Online Analytical Processing as a powerful tool for organizational decision support (Shim et al., 2002).

2008 ◽  
pp. 1689-1695
Author(s):  
Chandra S. Amaravadi

In the past decade, a new and exciting technology has unfolded on the shores of the information systems area. Based on a combination of statistical and artificial intelligence techniques, data mining has emerged from relational databases and Online Analytical Processing as a powerful tool for organizational decision support (Shim et al., 2002).


2011 ◽  
pp. 141-156
Author(s):  
Rahul Singh ◽  
Richard T. Redmond ◽  
Victoria Yoon

Intelligent decision support requires flexible, knowledge-driven analysis of data to solve complex decision problems faced by contemporary decision makers. Recently, online analytical processing (OLAP) and data mining have received much attention from researchers and practitioner alike, as components of an intelligent decision support environment. Little that has been done in developing models to integrate the capabilities of data mining and online analytical processing to provide a systematic model for intelligent decision making that allows users to examine multiple views of the data that are generated using knowledge about the environment and the decision problem domain. This paper presents an integrated model in which data mining and online analytical processing complement each other to support intelligent decision making for data rich environments. The integrated approach models system behaviors that are of interest to decision makers; predicts the occurrence of such behaviors; provides support to explain the occurrence of such behaviors and supports decision making to identify a course of action to manage these behaviors.


2008 ◽  
pp. 2964-2977
Author(s):  
Rahul Singh ◽  
Richard T. Redmond ◽  
Victoria Yoon

Intelligent decision support requires flexible, knowledge-driven analysis of data to solve complex decision problems faced by contemporary decision makers. Recently, online analytical processing (OLAP) and data mining have received much attention from researchers and practitioner alike, as components of an intelligent decision support environment. Little that has been done in developing models to integrate the capabilities of data mining and online analytical processing to provide a systematic model for intelligent decision making that allows users to examine multiple views of the data that are generated using knowledge about the environment and the decision problem domain. This paper presents an integrated model in which data mining and online analytical processing complement each other to support intelligent decision making for data rich environments. The integrated approach models system behaviors that are of interest to decision makers; predicts the occurrence of such behaviors; provides support to explain the occurrence of such behaviors and supports decision making to identify a course of action to manage these behaviors.


2008 ◽  
pp. 2722-2733 ◽  
Author(s):  
Ye-Sho Chen ◽  
Robert Justis ◽  
P. Pete Chong

Franchising has been used by businesses as a growth strategy. Based on the authors’ cumulative research and experience in the industry, this paper describes a comprehensive framework that describes both the franchise environment — from customer services to internal operations — and the pertinent data items in the system. The authors identify the most important aspects of a franchising business, the role of online analytical processing (OLAP) and data mining play and the data items that data mining should focus on to ensure its success.


2008 ◽  
pp. 75-83
Author(s):  
He´ctor Oscar Nigro ◽  
Sandra Elizabeth González Císaro

Several approaches for intelligent data analysis are not only available but also tried and tested. Online analytical processing (OLAP) and data mining represent two of the most important approaches. They mainly emphasize different aspects of the data and allow deriving of different kinds of information. So far, these approaches have mainly been used in isolation (Schwarz, 2002).


Sign in / Sign up

Export Citation Format

Share Document