What is data mining?
It is the process of extracting useful previously unknown but useful information, such as patterns, from data to improve business intelligence. Data mining can be used to predict likely outcomes and future trends. It can also refer to information processing (the collection, extraction, and analysis of data).
Why should you use data mining?
Large amounts of data can hold valuable information for your company and data mining will help identify patterns and new information.
What are the benefits of data mining?
Mining data can provide valuable insights that could shape the direction of your business.
Business decision making is a technique used to address problems that occur in business, specifically business decisions. Business decisions include rules and/or analytics that express an operational choice that is important to your business. Software like Signavio's Process Transformation Suite, can help automate this process to save time and resources.
DMN is an abbreviation for Decision Model and Notation. DMN is a system of notation that was developed by the Object Management Group. It is used in business management process modeling but is specifically for modeling decisions. It can be used in addition to BPMN.