Although aged the book remains a precious guide for business and CRM people. It argues that data mining is a discipline that must be mastered by concentrating in how to approach analytics than how to use tools. Specifically it stresses the importance of: - the iterative nature of data mining activities (and project life cycle) - the active involvement of business people - the business objectives and needs - the preparation...
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While doing a graduate elective on Decision Making Technologies, I realized that data visualization and representation is crucial for data exploratory and validation of data mining analysis. To get some ideas on how the various data visualization and workflow techniques are applied and integrated into the GUI of commercial softwares, survey the various chapters of this book.
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This book is an excellent book. The authors explain the various techniques, and show real world examples of their use. Most importantly, they explain the underlying goals of the various techniques, and what to watch out for when using them. I was most relieved to read that I am not alone in having limited success with association rules! Although some of the particular examples were not the type of examples I deal with,...
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Many books have been written on the algorithms used for data mining (e.g., machine learning, statistics). This is not yet another one.This book is geared at people who want to derive insight and take action in a business setting. It is now well known that the algorithmic step is only a small part of the iterative knowledge discovery process, yet few books enlighten the users with the issues involved.This book has...
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Michael and Gordon are two of the best data mining consultants in the business and in this book they provide a thorough description of how to turn the technology into action. This book expands on their fantastic first book (Data Mining Techniques) with a wide variety of case studies and insight into what it takes to use data mining to impact real business problems. Highly recommended.
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