Powered by OpenAIRE graph
Found an issue? Give us feedback
addClaim

Applications of Knowledge Discovery

Authors: Katharina Morik;

Applications of Knowledge Discovery

Abstract

Knowledge Discovery from Databases (KDD) - also named Data Mining - is a growing field since 10 years which combines techniques from databases, statistics, and machine learning. Applications of KDD most often have one of the following goals: - Customer relationship management: who are the best customers, which products are to be offered to which customers (direct marketing or customer acquisition), which customers are likely to end the relationship (customer churn), which customers are likely to not pay (also coined as fraud detection)? - Decision support applies to almost all areas, ranging from medicine over marketing to logistics. KDD applications aim at a data-driven justification of decisions by relating actions and outcomes. - Recommender systems rank objects according to user profiles. The objects can be, for instance, products as in the amazon internet shop, or documents as in learning search engines. KDD applications do not assume user profiles to be given but learns tehm from observations of user behavior. - Plant asset management moves beyond job scheduling and quality control. The goal is to optimize the overall benefits of production.

Related Organizations
  • BIP!
    Impact byBIP!
    selected citations
    These citations are derived from selected sources.
    This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    1
    popularity
    This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
    Average
    influence
    This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
    Average
    impulse
    This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
    Average
Powered by OpenAIRE graph
Found an issue? Give us feedback
selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
1
Average
Average
Average
Upload OA version
Are you the author of this publication? Upload your Open Access version to Zenodo!
It’s fast and easy, just two clicks!