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possible data mining applications
neilmpatel
Member Posts: 1 Learner III
So, I am new to the world of neural nets and predictive intelligence and wanted to know what many of you on these forums thought about various applications of rapidminer. I'm writing a report on emerging technologies and wanted to list out all the various applications of business intelligence software like rapidminer.
so far, i have the following:
financial lending institutes predicting credit scores for individuals
preventive maintenance for machines
classifications of wines or products based on chemical compositions (this was in the rapid miner webinar)
classification of general health outcomes based on underlying data
financial asset price predictions
text mining and frequent item set (the popular one is the grocery store example but i suppose the vancouver data example of job posting classification is nice as well)
decision tree and market segmentation (this can be in virtually any business with customers).
can anyone think of any other business applications for neural networks or some of the operators in rapid miner?
so far, i have the following:
financial lending institutes predicting credit scores for individuals
preventive maintenance for machines
classifications of wines or products based on chemical compositions (this was in the rapid miner webinar)
classification of general health outcomes based on underlying data
financial asset price predictions
text mining and frequent item set (the popular one is the grocery store example but i suppose the vancouver data example of job posting classification is nice as well)
decision tree and market segmentation (this can be in virtually any business with customers).
can anyone think of any other business applications for neural networks or some of the operators in rapid miner?
0
Answers
However, besides other fields, our customers apply our products for:
marketing analysis, yield prediction, fraud detection, preventive machine/production surveillance, analysis of physical and astronomical experiments, and a whole bunch of other fields.
And there is surely potential for the use of data mining in logistics, just tell us a bit more what you are thinking about
Regards,
Marius
Same for data mining: we can apply some kind of datamining on the data. But without knowing what information you are seeking, it will probably not make much sense.
Anyway, this is a selection of things RapidMiner can do for you with your dataset:
- graphically present the development of any value in the data, e.g. shipping value per state
- predict the development of of shippings from one state to another (provided the fact that all influence factors for shipping development is in the data)
- predict the origin of the shipping, given volume, destination, distance and date
- ...
Best,
Marius