Data Mining and Warehousing and its Impact on Banking Organizations
Summary :
Table of Contents
- Introduction
- Data Mining, OLAP and Warehousing in the Banking Industry
- OLAP?Online Analytical Processing
- Data Warehousing
- Conclusion
Abstract
Over the course of the last several years, the development and proliferation of information technology has impacted most industries. As the result of new technology, organizations are now able to collect and analyze data for the development and implementation of new products and services. Nowhere is this process more evident than in the banking industry. In the last several years, organizations in the banking industry have widely adopted technologies that allow for both data mining and warehousing. For organizations that have undertaken these changes, the results have been quite positive overall.
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