Data mining is the process of analyzing massive volumes of data to discover business intelligence that helps companies solve problems, mitigate risks, and seize new opportunities. Data mining is used in many areas of business and research, including sales and marketing, product development, healthcare, and education.
Data mining is extraction of interesting patterns or knowledge hidden in large amount of data. Data Mining is a process, sometimes referred to as a knowledge discovery process. In this process there is a data mining step that applies data mining algorithms to extract knowledge.