oboloo

oboloo Glossary

Data Mining For Business

oboloo Glossary

Data Mining For Business

Data mining for business involves the exploration of large amounts of data to discover meaningful patterns and insights. It is used by companies to help identify potential opportunities and make informed decisions. Data mining can be applied to a variety of business areas such as sales and marketing, customer segmentation, product development, finance, and risk management. By harnessing the power of data mining techniques such as machine learning, predictive analytics, and natural language processing, businesses can gain valuable insights into their operations and markets. This can lead to improved decision-making, increased efficiency and effectiveness, and enhanced customer relationships, ultimately leading to better business outcomes.

Want to find out more about procurement?

Access more blogs, articles and FAQ's relating to procurement

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

Oboloo transparent

The smarter way to have full visibility & control of your suppliers

Contact

Feel free to contact us here. Our support team will get back to you as soon as possible

© 2024 oboloo Limited. All rights reserved. Republication or redistribution of oboloo content, including by framing or similar means, is prohibited without the prior written consent of oboloo Limited. oboloo, Be Supplier Smart and the oboloo logo are registered trademarks of oboloo Limited and its affiliated companies. Trademark numbers: UK00003466421 & UK00003575938 Company Number 12420854. ICO Reference Number: ZA764971