KDnuggets : News : 2005 : n03 : item20 < PREVIOUS | NEXT >

Briefs

Application vendors to dig into data mining

By Barney Beal, News Editor -- 25 Jan 2005 -- SearchCRM.com

Much the way the business intelligence (BI) market has shifted its focus from the IT community to the broader line of business user, expect data mining to do the same.

Data mining technology, tools that cull through large sets of data to provide insight and optimize business processes, is a fragmented market, said Kurt Schlegel, senior research analyst at Stamford, Conn.-based Meta Group Inc.

Over the next few years, data mining technology should significantly grow, thanks to business application and database software vendors like Siebel Systems Inc., Oracle Corp. and Microsoft, Schlegel said.

Those companies are already partnering with data mining specialists, he added. For example, San Mateo, Calif.'s Siebel has partnered with Angoss Software Corp., of Toronto, to provide predictive analytics for Siebel eBusiness users. Database software vendors are getting into the game as well, such as Oracle with its Oracle Data Miner and IBM with its DB2 Intelligent Miner.

In fact, when it comes to market leadership in data mining, Cary, N.C.'s SAS Institute is clearly No. 1, followed by Chicago's SPSS Inc., then the major database companies, Schlegel said.

Here is the rest of the story.


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