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Data mining: are we there yet?

Published:26 August 2001Publication History

ABSTRACT

Data mining started its move out of the statistics and machine learning ghettos and into the mainstream almost 10 years ago. With great fanfare and a large influx of venture capital, data mining was going to change the very nature of business. Yet data mining products have had relatively modest success in the marketplace. The reasons include limitations and misplaced emphasis in the products' features and functions, unrealistic expectations set by messages from the data mining community, and a lack of readiness by many prospective users. This session will look at where vendors have succeeded and failed with their products, what expectations users should have, and suggestions for achieving the potential of this exciting and valuable technology.

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  1. Data mining: are we there yet?

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      • Published in

        cover image ACM Conferences
        KDD '01: Proceedings of the seventh ACM SIGKDD international conference on Knowledge discovery and data mining
        August 2001
        493 pages
        ISBN:158113391X
        DOI:10.1145/502512

        Copyright © 2001 ACM

        Permission to make digital or hard copies of all or part of this work for personal or classroom use is granted without fee provided that copies are not made or distributed for profit or commercial advantage and that copies bear this notice and the full citation on the first page. Copyrights for components of this work owned by others than ACM must be honored. Abstracting with credit is permitted. To copy otherwise, or republish, to post on servers or to redistribute to lists, requires prior specific permission and/or a fee. Request permissions from [email protected]

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        Association for Computing Machinery

        New York, NY, United States

        Publication History

        • Published: 26 August 2001

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        KDD '01 Paper Acceptance Rate31of237submissions,13%Overall Acceptance Rate1,133of8,635submissions,13%

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