We are in the information economy and what you have is more and more data being generated in every aspect . You can think of every time you swipe your grocery and when you try to get a discount for buying whatever products data being downloaded to database on most transaction you do there is some sort of data download organisations are storing processing and analysing data more than any time in history and that trend is going to continue to grow.
Data mining is the incorporation of quantitative methods we'll call a mathematics methods that may include mathematical equation algorithms some of your prominent methodologies are traditional logistic regression neural networks segmentation classification clustering those are all methods that utilise mathematics data mining is applicable across industry.
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