Why Data Mining Outsourcing Services Are a Better Option?

About This Presentation
Title:

Why Data Mining Outsourcing Services Are a Better Option?

Description:

Data mining plays a vital part in creation of programs using info, data and statistics that are needed by AI to find a solution to a problem. It focuses on discovering patterns in large data sets, which can be used for finding insights. – PowerPoint PPT presentation

Number of Views:0

less

Transcript and Presenter's Notes

Title: Why Data Mining Outsourcing Services Are a Better Option?


1
Why Data Mining Outsourcing Services Are a
Better Option?
  • Data mining is crucial for any business
    operation. However, running it in-house is not an
    easy task. Not only you have to find additional
    space to accommodate a data mining team, you also
    have to acquire relevant software solutions,
    which may be too pricey for a non-core operation.
    Instead, when you use data mining outsourcing
    services, you do not have to bother about hiring
    skilled workforce or arranging expensive software
    solutions.

2
  • The Amazing Benefits of Data Mining Outsourcing
    Services
  • Data mining is crucial for any business
    operation. However, running it in-house is not an
    easy task. Not only you have to find additional
    space to accommodate a data mining team, you also
    have to acquire relevant software solutions,
    which may be too pricey for a non-core operation.
    Instead, when you use data mining outsourcing
    services, you do not have to bother about hiring
    skilled workforce or arranging expensive software
    solutions.
  • The Amazing Benefits of Data Mining Outsourcing
    Services
  • Data mining outsourcing is not only convenient
    it also offers amazing benefits for your
    business. Have a look at some of its advantages
  • Better classification of customer groups
  • Data mining can be used for classification
    analysis. Depending on the information received
    from customers, you can demarcate different
    customer groups. By doing proper classification,
    you can refine your marketing strategies. It is
    possible to recognize spammers and eliminate
    irrelevant information by deleting unnecessary
    data.

3
Targeted marketing campaigns with cluster
analysis Identifying a user group with a single
user is not an easy task. However, data mining
makes it simpler with cluster analysis. By
employing cluster analysis, it is possible to
find customers in a database using common
parameters like geographic location, age,
education level etc. Once you have identified the
customers via this analysis, it becomes easy to
target your marketing campaigns towards them.
4
Error detection There is a chance that the data
you receive from your vendors may not be
accurate. Even a single bad data entry can cause
huge problems for your business and also you
wont be able to derive useful insights from such
data. Data mining can be used for error
detection, which can improve the quality of your
business-critical data. Advanced data mining
techniques can help you figure out errors in
large databases with thousands of records.
5
  • For understanding customer preferences
  • Data mining has a technique called regression
    analysis that lets you understand customer
    habits, their satisfaction levels and a lot more
    about their behavioral patterns. With regression
    analysis, you are able us the information derived
    in your marketing campaigns.
  • At Noidaexim, we use the latest data mining
    software solutions, so you can unearth the
    befuddling mysteries behind your customers
    behavior. Apart from data mining, we also provide
    catalog management services. By offloading your
    catalog management and data mining work to us,
    you are able to improve the quality of operation
    and reduce its cost at the same time.

6
Contact us
  • E-87, Sector-63 Noida (UP) 201301
  • Call us on 91-9891504989
  • E-mail us on sales_at_noidaexim.com
Write a Comment
User Comments (0)