Data mining (Definition)

Data mining is the process of analysing data from different perspectives and summarising it into useful information – information that can be used to increase revenue, cut costs or both. Technically, data mining is the process of finding correlations or patterns among dozens of fields in large relational databases.

(Source: 'Data Mining: What is Data Mining', UCLA, accessed 16 January 2017)

Last Reviewed: 06 August 2018