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DATA MINING: NEXT GENERATION CHALLENGES AND FUTURE By Hillol Kargupta & Anupama
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DATA MINING: NEXT GENERATION CHALLENGES AND FUTURE By Hillol Kargupta & Anupama
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In this post, we will explore the next generation challenges and future of data mining as discussed by Hillol Kargupta and Anupama.
Data mining has come a long way since its inception, with advances in technology and the availability of massive amounts of data. However, with these advancements come new challenges that must be addressed in order to continue making strides in this field.
One of the key challenges facing data mining is the increasing complexity and size of data sets. As more and more data is being generated every day, traditional data mining techniques are struggling to keep up. This has led to the development of new algorithms and approaches that can handle the sheer volume of data being generated.
Another challenge is the issue of privacy and security. With the rise of data breaches and concerns over how personal data is being used, there is a growing need for data mining techniques that can protect sensitive information while still extracting valuable insights.
Additionally, as data becomes more interconnected and multidimensional, there is a need for data mining techniques that can handle complex relationships and patterns within the data. This requires a more holistic approach to data mining that looks beyond individual data points and considers the connections between them.
Looking to the future, Kargupta and Anupama discuss the potential for data mining to revolutionize industries such as healthcare, finance, and marketing. By leveraging the power of data mining, organizations can gain valuable insights that can drive innovation and improve decision-making.
Overall, the future of data mining is bright, but it will require continued innovation and collaboration to address the challenges that lie ahead. With the right tools and techniques, data mining has the potential to revolutionize how we use and analyze data in the years to come.
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