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Why Data Mining?
- The Explosive Growth of Data: from terabytes to petabytes
- Data collection and data availability
- Automated data collection tools, database systems, Web, computerized society
- Major sources of abundant data
- Business: Web, e-commerce, transactions, stocks, …
- Science: Remote sensing, bioinformatics, scientific simulation, …
- Society and everyone: news, digital cameras, YouTube
- We are drowning in data, but starving for knowledge!
- “Necessity is the mother of invention”—Data mining—Automated analysis of massive data sets
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