Top 10 data mining techniques in business applications: a brief survey

Wei Chao Lin, Shih Wen Ke, Chih Fong Tsai*

*此作品的通信作者

研究成果: 期刊稿件文獻綜述同行評審

26 引文 斯高帕斯(Scopus)

摘要

Purpose: Data mining is widely considered necessary in many business applications for effective decision-making. The importance of business data mining is reflected by the existence of numerous surveys in the literature focusing on the investigation of related works using data mining techniques for solving specific business problems. The purpose of this paper is to answer the following question: What are the widely used data mining techniques in business applications? Design/methodology/approach: The aim of this paper is to examine related surveys in the literature and thus to identify the frequently applied data mining techniques. To ensure the recent relevance and quality of the conclusions, the criterion for selecting related studies are that the works be published in reputed journals within the past 10 years. Findings: There are 33 different data mining techniques employed in eight different application areas. Most of them are supervised learning techniques and the application area where such techniques are most often seen is bankruptcy prediction, followed by the areas of customer relationship management, fraud detection, intrusion detection and recommender systems. Furthermore, the widely used ten data mining techniques for business applications are the decision tree (including C4.5 decision tree and classification and regression tree), genetic algorithm, k-nearest neighbor, multilayer perceptron neural network, naïve Bayes and support vector machine as the supervised learning techniques and association rule, expectation maximization and k-means as the unsupervised learning techniques. Originality/value: The originality of this paper is to survey the recent 10 years of related survey and review articles about data mining in business applications to identify the most popular techniques.

原文英語
頁(從 - 到)1158-1170
頁數13
期刊Kybernetes
46
發行號7
DOIs
出版狀態已出版 - 2017
對外發佈

文獻附註

Publisher Copyright:
© 2017, © Emerald Publishing Limited.

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