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Data Mining is the process of discovering patterns in large datasets to uncover meaningful insights. It is a key component of Big Data, which is the collection and analysis of large amounts of data to uncover trends and patterns. Data Mining is used to identify customer preferences, detect fraud, and optimize business processes.
Data Mining is a rapidly growing market, driven by the increasing demand for Big Data solutions. Companies are investing heavily in Data Mining technologies to gain a competitive edge. Data Mining solutions are used by organizations across a wide range of industries, including finance, healthcare, retail, and manufacturing.
Some of the leading companies in the Data Mining market include IBM, Microsoft, Oracle, SAP, SAS, and Teradata. Show Less Read more