mining or "knowledge discovery in large databases" is a set of techniques used to discover valuable information from large … are many advantages, brings both knowledge and management level in their area of activity. …

„Knowledge is power”. Sir Francis Bacon, Religious Meditations, Of Heresies, 1597 - English author, courtier …, & philosopher (1561 - 1626) Knowledge Management is a current topic in the market, which have been treated during the last years … a paragraph of Hendry Minzberg, in respect of this topic. Knowledge management is a main part of the today's economy. It …

Knowledge, as intellectual capital, has become the main resource of an organization, and the process of knowledge … discovery, acquisition and storage is a very important one. Knowledge discovery can be easily realized through Data Mining, a … Machine Learning technique, which allows the discovery of useful knowledge from a large amount of data, this knowledge …

An increasingly popular business practice, data mining provides for the extraction of information from existing data to … seeks to review basic definitional information on data mining and provide a strategy for companies’ successful, meaningful … and ethical use of data mining as presented for meaningful knowledge generation. …

information and the processed information is called the knowledge. Acquiring the information can be considered an easy job but how … to manage this information, how to refine this information so that it can be helpful in increasing the knowledge, are …Managing the knowledge is the hottest topic of concern. This arranging or rearranging of facts is called the …

The objective of data mining is the extraction of knowledge from databases. In practice, one often encounters … difficulties with models that are constructed purely by search, without incorporation of knowledge about the domain of application …

The assessment of knowledge derived from databases depends on many factors. Decision makers often need to convince … others about the correctness and effectiveness of knowledge induced from data.The current data mining techniques do not … contribute much to this process of persuasion.Part of this limitation can be removed by integrating knowledge from experts in the …