New Advancement of Intelligent Business Management System to Enhance Data Mining Facets

Data mining or knowledge discovery refers to the process of finding interesting information in large repositories of data. The term data mining also refers to the step in the knowledge discovery process in which special algorithms are employed in hopes of identifying interesting patterns in the data. These interesting patterns are then analyzed yielding knowledge. The desired outcome of data mining activities is to discover knowledge that is not explicit in the data, and to put that knowledge to use. This paper contains study about data mining algorithms as a part of intelligent business management system and we are going to refer its implementation into different applications and areas.