Thursday, 20 June 2013

Internet Data Mining - How Does it Help Businesses?

Internet has become an indispensable medium for people to conduct different types of businesses and transactions too. This has given rise to the employment of different internet data mining tools and strategies so that they could better their main purpose of existence on the internet platform and also increase their customer base manifold.

Internet data-mining encompasses various processes of collecting and summarizing different data from various websites or webpage contents or make use of different login procedures so that they could identify various patterns. With the help of internet data-mining it becomes extremely easy to spot a potential competitor, pep up the customer support service on the website and make it more customers oriented.

There are different types of internet data_mining techniques which include content, usage and structure mining. Content mining focuses more on the subject matter that is present on a website which includes the video, audio, images and text. Usage mining focuses on a process where the servers report the aspects accessed by users through the server access logs. This data helps in creating an effective and an efficient website structure. Structure mining focuses on the nature of connection of the websites. This is effective in finding out the similarities between various websites.

Also known as web data_mining, with the aid of the tools and the techniques, one can predict the potential growth in a selective market regarding a specific product. Data gathering has never been so easy and one could make use of a variety of tools to gather data and that too in simpler methods. With the help of the data mining tools, screen scraping, web harvesting and web crawling have become very easy and requisite data can be put readily into a usable style and format. Gathering data from anywhere in the web has become as simple as saying 1-2-3. Internet data-mining tools therefore are effective predictors of the future trends that the business might take.


Source: http://ezinearticles.com/?Internet-Data-Mining---How-Does-it-Help-Businesses?&id=3860679

Friday, 14 June 2013

Understanding Data Mining

Well begun is half done. We can say that the invention of Internet is the greatest invention of the century which allows for quick information retrieval. It also has negative aspects, as it is an open forum therefore differentiating facts from fiction seems tough. It is the objective of every researcher to know how to perform mining of data on the Internet for accuracy of data. There are a number of search engines that provide powerful search results.

Knowing File Extensions in Data Mining

For mining data the first thing is important to know file extensions. Sites ending with dot-com are either commercial or sales sites. Since sales is involved there is a possibility that the collected information is inaccurate. Sites ending with dot-gov are of government departments, and these sites are reviewed by professionals. Sites ending with dot-org are generally for non-profit organizations. There is a possibility that the information is not accurate. Sites ending with dot-edu are of educational institutions, where the information is sourced by professionals. If you do not have an understanding you may take help of professional data mining services.

Knowing Search Engine Limitations for Data Mining

Second step is to understand when performing data mining is that majority search engines have filtering, file extension, or parameter. These are restrictions to be typed after your search term, for example: if you key in "marketing" and click "search," every site will be listed from dot-com sites having the term "marketing" on its website. If you key in "marketing site.gov," (without the quotation marks) only government department sites will be listed. If you key in "marketing site:.org" only non-profit organizations in marketing will be listed. However, if you key in "marketing site:.edu" only educational sites in marketing will be displayed. Depending on the kind of data that you want to mine after your search term you will have to enter "site.xxx", where xxx will being replaced by.com,.gov,.org or.edu.

Advanced Parameters in Data Mining

When performing data mining it is crucial to understand far beyond file extension that it is even possible to search particular terms, for example: if you are data mining for structural engineer's association of California and you key in "association of California" without quotation marks the search engine will display hundreds of sites having "association" and "California" in their search keywords. If you key in "association of California" with quotation marks, the search engine will display only sites having exactly the phrase "association of California" within the text. If you type in "association of California" site:.com, the search engine will display only sites having "association of California" in the text, from only business organizations.

If you find it difficult it is better to outsource data mining to companies like Online Web Research Services


Source: http://ezinearticles.com/?Understanding-Data-Mining&id=5608012

Thursday, 13 June 2013

Data Extraction - A Guideline to Use Scrapping Tools Effectively

So many people around the world do not have much knowledge about these scrapping tools. In their views, mining means extracting resources from the earth. In these internet technology days, the new mined resource is data. There are so many data mining software tools are available in the internet to extract specific data from the web. Every company in the world has been dealing with tons of data, managing and converting this data into a useful form is a real hectic work for them. If this right information is not available at the right time a company will lose valuable time to making strategic decisions on this accurate information.

This type of situation will break opportunities in the present competitive market. However, in these situations, the data extraction and data mining tools will help you to take the strategic decisions in right time to reach your goals in this competitive business. There are so many advantages with these tools that you can store customer information in a sequential manner, you can know the operations of your competitors, and also you can figure out your company performance. And it is a critical job to every company to have this information at fingertips when they need this information.

To survive in this competitive business world, this data extraction and data mining are critical in operations of the company. There is a powerful tool called Website scraper used in online digital mining. With this toll, you can filter the data in internet and retrieves the information for specific needs. This scrapping tool is used in various fields and types are numerous. Research, surveillance, and the harvesting of direct marketing leads is just a few ways the website scraper assists professionals in the workplace.

Screen scrapping tool is another tool which useful to extract the data from the web. This is much helpful when you work on the internet to mine data to your local hard disks. It provides a graphical interface allowing you to designate Universal Resource Locator, data elements to be extracted, and scripting logic to traverse pages and work with mined data. You can use this tool as periodical intervals. By using this tool, you can download the database in internet to you spread sheets. The important one in scrapping tools is Data mining software, it will extract the large amount of information from the web, and it will compare that date into a useful format. This tool is used in various sectors of business, especially, for those who are creating leads, budget establishing seeing the competitors charges and analysis the trends in online. With this tool, the information is gathered and immediately uses for your business needs.

Another best scrapping tool is e mailing scrapping tool, this tool crawls the public email addresses from various web sites. You can easily from a large mailing list with this tool. You can use these mailing lists to promote your product through online and proposals sending an offer for related business and many more to do. With this toll, you can find the targeted customers towards your product or potential business parents. This will allows you to expand your business in the online market.

There are so many well established and esteemed organizations are providing these features free of cost as the trial offer to customers. If you want permanent services, you need to pay nominal fees. You can download these services from their valuable web sites also.



Source: http://ezinearticles.com/?Data-Extraction---A-Guideline-to-Use-Scrapping-Tools-Effectively&id=3600918

Tuesday, 11 June 2013

Data Mining Explained

Overview
Data mining is the crucial process of extracting implicit and possibly useful information from data. It uses analytical and visualization techniques to explore and present information in a format which is easily understandable by humans.

Data mining is widely used in a variety of profiling practices, such as fraud detection, marketing research, surveys and scientific discovery.

In this article I will briefly explain some of the fundamentals and its applications in the real world.

Herein I will not discuss related processes of any sorts, including Data Extraction and Data Structuring.

The Effort
Data Mining has found its application in various fields such as financial institutions, health-care & bio-informatics, business intelligence, social networks data research and many more.

Businesses use it to understand consumer behavior, analyze buying patterns of clients and expand its marketing efforts. Banks and financial institutions use it to detect credit card frauds by recognizing the patterns involved in fake transactions.

The Knack
There is definitely a knack to Data Mining, as there is with any other field of web research activities. That is why it is referred as a craft rather than a science. A craft is the skilled practicing of an occupation.

One point I would like to make here is that data mining solutions offers an analytical perspective into the performance of a company depending on the historical data but one need to consider unknown external events and deceitful activities. On the flip side it is more critical especially for Regulatory bodies to forecast such activities in advance and take necessary measures to prevent such events in future.

In Closing
There are many important niches of Web Data Research that this article has not covered. But I hope that this article will provide you a stage to drill down further into this subject, if you want to do so!

Should you have any queries, please feel free to mail me. I would be pleased to answer each of your queries in detail.



Source: http://ezinearticles.com/?Data-Mining-Explained&id=4341782

Saturday, 8 June 2013

Stop Datamining, Save Online Poker

In its relatively brief history, online poker has faced several threats - legislative opposition, unscrupulous operators, and a fickle public, to name a few. Those threats persist, but a relatively new threat is emerging that could prove even more troublesome for the industry.

It's called datamining, and critics like myself believe it to be a malignant trend that will ultimately undermine the ability of online poker to support a healthy, sustainable player ecosystem. Datamining isn't a new trend, per se' - as long as there's been online poker, there have been players who aggressively sought to acquire the data online games produced - but the current incarnation of datamining tools and resources is so advanced and so pervasive that, even while you read this article, the nature of online poker as a game is changing dramatically as a result.

What is datamining? If you're not familiar, here's a primer. Every time a hand of online poker is played, a text file containing the details of that hand is generated. That file is commonly referred to as a hand history. In the early days of online poker, those text files were generally only available to the players who had participated in the hand, and weren't of much interest except for players who wanted to review their play.

As time passed and the game evolved, a small cottage industry emerged that developed tools for players who wanted to analyze their hand histories in-depth. Database programs such as PokerTracker made hand histories a suddenly useful commodity - you could import all of your hands and get detailed statistical breakdowns on every aspect of your play. As a side effect, you also accumulated a decent store of information regarding the play of your regular opponents.

If it had stopped there, no problem. However, once the data genie was out of the bottle, he proved impossible to stuff back in. Players quickly realized that while information about their own game was useful, a comprehensive library of data about potential opponents was indispensable. People started collecting hand histories and trading them with fellow players, and it wasn't long before commercial services saw the potential to make a buck and started (through various and arcane processes) collecting hand histories on a massive scale. Sites like PokerTableRatings now scrape nearly 100% of all cash game hands played on PokerStars, Full Tilt and other major sites, offering complete data on everyone who plays on those sites to members. Sites like HandHQ collect hand histories by the millions and sell them in batches to interested players.

In short: If you play a hand of poker on a major site, your next opponents can (and probably do) access that info.

It's not hard to see why this trend is potentially disastrous for online poker. The online poker ecosystem is essentially made up of three groups - winning regulars, part time players who hover around break-even, and casual players who pop in and drop a few buy ins every now and again. Datamining helps the first class, decimates the second and does significant harm to the third as well.

Winning, regular players are winning regular players because they exploit every edge available to them. Datamining is a huge edge, and the way that winners employ it essentially ensures that the middle and lower classes of players will go bust quicker than they would without datamining. To wit: if a regular player and a part time player both have access to the same information, you can assume the regular is not only more likely to utilize the information, but will also utilize it better. Regulars can also use their stockpile of hands to more quickly identify casual players - if they see a player at a table without many hands in their database, they know the chance of that player being an lower-skilled recreational player is high. Finally, regulars use the data to reach a sort of standoff with each other - it's not collusion or softplaying in the strictest sense of the terms, but if a regular recognizes 3 people at his table and doesn't recognize the fourth, you can guarantee that all four regulars will be working to pursue the easy money.

The result: great players find bad players faster and bust them quicker. That means less money for the part time player, who also must fight against regulars even better-equipped to take their money thanks to the datamining edge. Ultimately, part time players drop out of the ecosystem, and rooms must rely on a steady influx of recreational players (not an easy thing to generate) to keep their games afloat.

So if you can't stuff the genie back into the bottle, what's the answer? Build a bigger bottle, or kill the genie. Both are viable solutions for online poker, but it's going to take some innovative thinking and pressure from casual players for anything to be done.

One possible solution: anonymous tables. This is a suggestion you see floated every now and again, and it's not without merit. If everyone could change their screen name on a regular basis, then datamining would become irrelevant. You could still collect data on yourself, but hands on other players would be largely useless. The problem with this solution is that it's going to be tough to convince any major room to take the first step. One idea is to have rooms gradually adopt this policy by introducing some "anonymous" tables where players could choose a temporary screen name, but allowing the majority of the lobby to operate in a traditional fashion.

Another: a severe crackdown on sites that engage or facilitate in datamining, or a hardline policy against software that allows players to utilize data while playing. Stars and Full Tilt have both publicly announced their intention to shut down datamining, but despite those pronouncements there's been nary a dent made in the flow of data. It's going to take a real push from customers to show the rooms that their time and resources, already no doubt in high demand from other projects and priorities, are well-spent on stopping dataming. Email support at both rooms - as often as it takes - until you think they're quite clear on the importance of the issue from your perspective.

Information is power in poker, and it's never a good thing when the most powerful have unfettered access to the data spigot. If you enjoy the game as it is today, act now to preserve that game for tomorrow.


Source: http://ezinearticles.com/?Stop-Datamining,-Save-Online-Poker&id=4691446

Thursday, 6 June 2013

What is Data Mining? Why Data Mining is Important?


Searching, Collecting, Filtering and Analyzing of data define as data mining. The large amount of information can be retrieved from wide range of form such as different data relationships, patterns or any significant statistical co-relations. Today the advent of computers, large databases and the internet is make easier way to collect millions, billions and even trillions of pieces of data that can be systematically analyzed to help look for relationships and to seek solutions to difficult problems.

The government, private company, large organization and all businesses are looking for large volume of information collection for research and business development. These all collected data can be stored by them to future use. Such kind of information is most important whenever it is require. It will take very much time for searching and find require information from the internet or any other resources.

Here is an overview of data mining services inclusion:

* Market research, product research, survey and analysis
* Collection information about investors, funds and investments
* Forums, blogs and other resources for customer views/opinions
* Scanning large volumes of data
* Information extraction
* Pre-processing of data from the data warehouse
* Meta data extraction
* Web data online mining services
* data online mining research
* Online newspaper and news sources information research
* Excel sheet presentation of data collected from online sources
* Competitor analysis
* data mining books
* Information interpretation
* Updating collected data

After applying the process of data mining, you can easily information extract from filtered information and processing the refining the information. This data process is mainly divided into 3 sections; pre-processing, mining and validation. In short, data online mining is a process of converting data into authentic information.

The most important is that it takes much time to find important information from the data. If you want to grow your business rapidly, you must take quick and accurate decisions to grab timely available opportunities.

Outsourcing Web Research is one of the best data mining outsourcing organizations having more than 17 years of experience in the market research industry. To know more information about our company please contact us.


Source: http://ezinearticles.com/?What-is-Data-Mining?-Why-Data-Mining-is-Important?&id=3613677

Monday, 3 June 2013

Data Mining's Importance in Today's Corporate Industry

A large amount of information is collected normally in business, government departments and research & development organizations. They are typically stored in large information warehouses or bases. For data mining tasks suitable data has to be extracted, linked, cleaned and integrated with external sources. In other words, it is the retrieval of useful information from large masses of information, which is also presented in an analyzed form for specific decision-making.

Data mining is the automated analysis of large information sets to find patterns and trends that might otherwise go undiscovered. It is largely used in several applications such as understanding consumer research marketing, product analysis, demand and supply analysis, telecommunications and so on. Data Mining is based on mathematical algorithm and analytical skills to drive the desired results from the huge database collection.

It can be technically defined as the automated mining of hidden information from large databases for predictive analysis. Web mining requires the use of mathematical algorithms and statistical techniques integrated with software tools.

Data mining includes a number of different technical approaches, such as:

    Clustering
    Data Summarization
    Learning Classification Rules
    Finding Dependency Networks
    Analyzing Changes
    Detecting Anomalies

The software enables users to analyze large databases to provide solutions to business decision problems. Data mining is a technology and not a business solution like statistics. Thus the data mining software provides an idea about the customers that would be intrigued by the new product.

It is available in various forms like text, web, audio & video data mining, pictorial data mining, relational databases, and social networks. Data mining is thus also known as Knowledge Discovery in Databases since it involves searching for implicit information in large databases. The main kinds of data mining software are: clustering and segmentation software, statistical analysis software, text analysis, mining and information retrieval software and visualization software.

Data Mining therefore has arrived on the scene at the very appropriate time, helping these enterprises to achieve a number of complex tasks that would have taken up ages but for the advent of this marvelous new technology.


Source: http://ezinearticles.com/?Data-Minings-Importance-in-Todays-Corporate-Industry&id=2057401