What is the current state of data warehousing and data mining in terms of its widespread use, its growth and technological advances? And also what are likely to be the next biggest breakthrough in data mining technology?
Scott Howard’s Answer: Dick Hackathorn is publishing an article anticipated for the December 2002 issue of DM Review magazine in which he shares his recent observations from the Teradata Partners User Conference. It's a wonderful analysis of the current state of DW and recent advances. It's worth the one month's wait. As for the next breakthrough in data mining, I feel that it will come in the form of usability and industry specialization. We need tools that can provide reliable and relevant results without needing to enlist teams of statisticians and PhDs. Help users construct mining bases suitable for specific types of industry specific analysis, help them understand what constitutes a relevant sample and then allow them to run some predefined mining routines. Complete this package with visualization technologies that allow the user to recognize the result's significance. Some vendors have attempted similar implementations, but did little to help users create statistically relevant source samples or understand their criticality and applicability.
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