Data Mining Technologies
Gaining process understanding from plant data
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Data mining is based on methods for automated pattern recognition in existing datasets. It enables the identification of information hidden in data which would be difficult to access using conventional analysis methods. Data mining thus facilitates the discovery of unknown approaches for optimizing complex systems.
It is not surprising, therefore, that in the finance and insurance industries, in marketing and in medical diagnostics, data mining has long been the method of choice for data analysis.
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