MiningSolve™: The Core Decision Support Tool that Undergirds Our Strategic Approach to Data Mining Automation.
Critique of the Traditional Approach
 

Despite the popularity of this approach, there are significant limitations with manual data mining.

 
  • Too few techniques are used. Traditional approaches to data mining use only one or two techniques to attempt to find the pattern in the data that will be predictive of a given outcome.
  • Too few permutations are tried. Often the algorithm is correctly chosen but not enough permutations are run to find the best model (e.g., Permutations include sub-algorithms, iteration criteria, entry/removal criteria, etc.).
  • Too few data transformations are tested. Often the algorithm is correctly chosen, but the data do not fit the requirements of the algorithm (e.g., linearity).
  • So many predictors, so little time. There are more predictors than we have the time to test. (especially since we must test them in combination with other predictors)
  • Certain predictors "mask" the effect of other predictors. A technician would say that the "structural equation is not parsimonious."
  • It's unproductive. Even an expert modeler can only produce 5 to 10 optimized models per week. With only a handful of models built, it is unlikely that the highest performing model has been discovered.
  • There are four other critical, higher level data mining issues that consistently prevent cross-sell and up-sell results from producing optimal outcomes. We have developed our Ultra-High Performance Data MiningSM (UHP-DM) to address these limitations. For more on the UHP-DMSM inspect the Proprietary Approaches section under the Company menu of our site.

Phone: (630) 428-1847    Fax: (630) 729-3183  Email: info@decisionsupportsciences.com