Date Added: Jan 2013
Data mining is a process of obtaining trends or patterns in historical data. Such trends form business intelligence that in turn leads to taking well informed decisions. However, data mining with a single technique does not yield actionable knowledge. This is because enterprises have huge databases and heterogeneous in nature. They also have complex data and mining such data needs multi-step mining instead of single step mining. When multiple approaches are involved, they provide business intelligence in all aspects. That kind of information can lead to actionable knowledge. Recently data mining has got tremendous usage in the real world. The drawback of existing approaches is that insufficient business intelligence in case of huge enterprises.