NAG Data Mining Components by Numerical Algorithms Group

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Data Mining Components allow a massive amount of stored data to be interpreted to help identify specific patterns and trends within the data, and then forecast future behavior or events.

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As technology enables increasingly massive amounts of customer and operational data to be gathered and stored, the interpretation of this information and the subsequent communication of the results can represent a significant challenge. To meet this challenge and unlock the huge competitive benefits that this information can deliver, many organisations are turning to data mining to help them identify specific patterns and trends within the data and, therefore, forecast future behaviour or events. Today, data mining has evolved to such an extent that it is playing an essential part in applications in a range of business activities including bio-informatics, CRM, e-business, fraud detection, web analytics and retail.


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