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.