Data Mining:

The 4 Stages of Data Mining in Practical Cases

Every second, the world produces around 11.5 terabytes of data from the most diverse sources: from social networks and financial transactions to geolocators.

 

But in there lies the challenge: how to find the data that is essential for the development of new businesses? That’s where Data Mining comes into play.

 

Data Mining allows you to identify patterns, trends, and useful information through raw data processing, allowing for more strategic decision-making.

 

In order to explain exactly how this process works, we’ve written an Ebook that takes you through the four stages of data mining with practical cases as examples.

 

Download it now and learn all about data mining!

What will you see in this content?

  • 01

    What is data mining, and why is it so important?

    Understand the concept behind data mining and the advantages of applying this technique.

  • 02

    What is complex data?

    The data we generate comes in two different forms. Find out what they are and their characteristics.

  • 03

    Social networks: an infinite source of complex data

    A concrete example of the generation of complex data is social networks. See how they work!

  • 04

    The 4 steps of data mining

    The data mining process is performed in four main steps. Here you will get to know each one of them in depth.

  • 05

    Data mining applications in business

    Businesses of all kinds can benefit from data mining. Check out some examples!

  • 06

    Real case: data mining for a financial institution

    Find out how MJV applied data mining strategies in a project for a bank.

  • 07

    Real case: data mining for a credit union

    We highlight how data mining made perfect sense in a project developed for credit unions.

Mining complex data is a very rich source of information for companies that want to reach the most diverse sectors in a certain way.

About MJV

MJV Technology & Innovation is a global consulting firm that helps leverage business, foster innovation, and solve business challenges for some of the world’s largest companies.

Our assets:

  • 25+ years of experience.
  • Presence in the U.S., Europe, and LatAm.
  • A global team with over 1,300 experts, including designers, engineers, anthropologists, data scientists, developers, and marketers.

Our five business pillars are:

Business Innovation

Technology  & Data

Design & Experience

Sustainability &  ESG Transformation

Agile & Cultural Transformation