KDnuggets : News : 2006 : n13 : item1 | NEXT |
FeaturesFrom: Gregory PiatetskyDate: 10 Jul 2006 Subject: Poll Results: Top Industries for Data Mining Applications While CRM was the top data mining application area in 2006 (with 39% of respondents), the fastest growing application area was web mining.
The previous KDnuggets Poll asked readers to choose
The 3 leading application areas were
Industries/fields where you applied data mining in the past 12 months.
We also compared the results to similar polls in the past, and
the area with highest growth is
Among non-traditional and novel applications, there were suggestions of social policy studies and financial / lending (although partly covered by CRM and Credit Scoring). Oren Etzioni wrote about Farecast.com, which uses data mining to make airfare predictions (the first and only airfare prediction site on the Web) - see elsewhere in this issue. We then compared the results to 2004 KDnuggets Poll Industries/fields where you currently apply data mining and 2003 KDnuggets Poll Industries/fields where you currently apply data mining.
Since there were more categories in 2006,
we combined 2006 categories of e-commerce, web content mining, and web usage categories into one category e-commerce/web;
We also re-computed percentages for 2004 and 2003 polls relative to the number of voters (instead of the number of votes). The results are shown in the following table, with Growth computed as the difference between Y06 value and the average of Y04 and Y03 values.
Not surprisingly, e-commerce and web applications are up, followed by security / anti-terrorism applications. What is interesting is the decline in popularity among more traditional applications, like Banking / Credit Scoring and Insurance. Also, note the decline in popularity of Biotech/genomics and Medical / Pharma applications. Note: we did not compare this poll to 2005 KDnuggets Poll Industries/fields where you successfully applied data mining in the past 3 years since the questions were sufficiently different.
|
KDnuggets : News : 2006 : n13 : item1 | NEXT |
Copyright © 2006 KDnuggets. Subscribe to KDnuggets News!