23 July 2014

Prestigious Rankers of Journals and Conferences

Institute for Scientific Information (ISI)
http://en.wikipedia.org/wiki/Institute_for_Scientific_Information

16 July 2014

Data Mining

Introduction: Knowledge Discovery and Data Mining (KDD) is an interdisciplinary area focusing upon methodologies for extracting useful knowledge from data. The ongoing rapid growth of online data due to the Internet and the widespread use of databases have created an immense need for KDD methodologies. The challenge of extracting knowledge from data draws upon research in statistics, databases, pattern recognition, machine learning, data visualization, optimization, and high-performance computing, to deliver advanced business intelligence and web discovery solutions [IBM Research].

"The basic task of KDD is to extract knowledge (or information) from lower level data (databases)." [1] Data, in its raw form, is simply a collection of elements, from which little knowledge can be gleaned. With the development of data discovery techniques the value of the data is significantly improved [UF].

A variety of methods are available to assist in extracting patterns that when interpreted provide valuable, possibly previously unknown, insight into the stored data. This information can be predictive or descriptive in nature. Data mining, the pattern extraction phase of KDD, can take on many forms, the choice dependent on the desired results. KDD is a multi-step process that facilitates the conversion of data to useful information.