Data mining is a process of extracting useful information large data sets through the use of any relevant data analysis techniques developed to help people to make better decisions. So,what's the scope of data mining
check out this articale
https://faisalsikder.wordpress.com/2010/02/01/the-scope-of-data-mining-and-kdd/article
Dear Md., Adil,
Data mining tools predict future trends and behaviors, allowing businesses to make proactive, knowledge-driven decisions. The automated, prospective analyses offered by data mining move beyond the analyses of past events provided by retrospective tools typical of decision support systems.
https://www.businessmanagementideas.com/crm/customer-database/data-mining-meaning-scope-and-its-applications/3620
Regards,
Shafagat
data mining technology can generate new business opportunities by providing these capabilities: Automated prediction of trends and behaviors: Data mining automates the process of finding predictive information in large databases.
Check out this article:Article Experimental Evaluation of Different Microturbojet EGT Model...
In simple terms, the data-mining approach allowed to draw conclusions of engine behavior hidden within the data. The findings were not superficial and revealed an important factor of the isolation performance.
If another approach were to be used (i.e. model-based analysis), it would have required a deeper understanding of the process physics and more complex instrumentation. The data-science approach allowed to bypass this process, achieving simple and manageable results.
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