Business Intelligence

Research on Data Mining Using Neural Networks

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Executive Summary

The application of neural networks in the data mining has become wider. Data mining is the search for relationships and global patterns that exist in large databases but are 'Hidden' among the vast amount of data, such as a relationship between patient data and their medical diagnosis. These relationships represent valuable knowledge about the database and the objects in the database and, if the database is a faithful mirror, of the real world registered by the database. Data mining refers to using a variety of techniques to identify nuggets of information or decision-making knowledge in bodies of data, and extracting these in such a way that they can be put to use in the areas such as decision support, prediction, forecasting and estimation.

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