Recent advances in the data collection and storage technologies have made it possible for companies (e.g. bar-code technology), administrative agencies (e.g. census data) and scientific laboratories (e.g. molecule databases in chemistry or biology) to keep vast amounts of data relating to their activities. At the same time, the availability of cheap computing power has made automatic extraction of structured knowledge from these data feasible. Data mining includes such activities as classification, clustering, similarity analysis, summarization, association rule and sequential pattern discovery, and so forth.
DEC 31, 1969