Knowledge Discovery in Databases for Competitive Advantage

Competitive Advantage of Knowledge Management

IntroductIon Knowledge management has been proposed as a fundamental strategic process and the only sustainable competitive advantage for firms (Grant, 1996; Davenport, 1998). A key to understanding the success and failure of knowledge management efforts within organizations is the ability to identify the relevant knowledge to manage and to extract value out of this knowledge. In the last decad...

Knowledge Discovery in Databases

Knowledge Discovery in Databases

Business information received from advanced data analysis and data mining is a critical success factor for companies wishing to maximize competitive advantage. The use of traditional tools and techniques to discover knowledge is ruthless and does not give the right information at the right time. Knowledge discovery is defined as ``the non-trivial extraction of implicit, unknown, and potentially...

Knowledge Discovery in Databases

Knowledge Discovery in Databases (KDD) is a relatively new field of research. Interest generated by KDD has been huge. International companies are looking to KDD techniques to maximise profit and enhance decision support. The aim of this paper is to provide an overview and understanding of the ideas, techniques and applications found within this field.

Knowledge Discovery from Databases

As databases are pervading every parcel of reality, they record what happens in and around organizations all over the world. Databases store the detailed history of organizations, institutions, governments and individuals. An efficient and agile analysis of the data recorded in a database can no longer be done manually. Knowledge Discovery from Databases (KDD) is a collection of technologies wh...