Data mining, also known as knowledge discovery in data (KDD), is the process of uncovering patterns and other valuable information from large data sets. Given the evolution of data warehousing technology and the growth of big data, adoption of data mining techniques has rapidly accelerated over the last couple of decades, assisting companies by transforming their raw data into useful knowledge. However, despite the fact that that technology continuously evolves to handle data at a large-scale, leaders still face challenges with scalability and automation.
There are a number of data mining tasks used by waypoint such as classification, prediction, time-series analysis, association, clustering, summarization etc. All these tasks are either predictive data mining tasks or descriptive data mining tasks.
Data mining can be performed on the following types of data: