Companies have never suffered from a lack of data. They have warehouses of file boxes and terabytes of storage. What is missing is actionable intelligence that they can use to improve business results. Using data mining tools helps to convert database stores into business intelligence.
But that only gives part of the picture since 85 percent of an organization's knowledge isn't in databases. To get at the rest, a new generation of text mining tools allows companies to discover relationships and summarize information from large stores of previously unanalyzed data.
The article continues at