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Data mining is an essential process for many businesses, including McDonald’s and Amazon. It involves analyzing huge chunks of unprocessed information to discover valuable insights. It’s no surprise large organizations rely on data mining, considering it helps them optimize customer service, reduce costs, and streamline their supply chain management.
Although it sounds simple, data mining is comprised of numerous procedures that help professionals extract useful information, one of which is classification. The role of this process is critical, as it allows data specialists to organize information for easier analysis.
This article will explore the importance of classification in greater detail. We’ll explain classification in data mining and the most common techniques.
Classification in Data Mining
Answering your question, “What is classification in data mining?” isn’t easy. To help you gain a better understanding of this term, we’ll cover the definition, purpose, and applications of classification in different industries.
Definition of Classification
Classification is the process of grouping related bits of information in a particular data set. Whether you’re dealing with a small or large set, you can utilize classification to organize the information more easily.
Purpose of Classification in Data Mining
Defining the classification of data mining systems is important, but why exactly do professionals use this method? The reason is simple – classification “declutters” a data set. It makes specific information easier to locate.
In this respect, think of classification as tidying up your bedroom. By organizing your clothes, shoes, electronics, and other items, you don’t have to waste time scouring the entire place to find them. They’re neatly organized and retrievable within seconds.
Applications of Classification in Various Industries
Here are some of the most common applications of data classification to help further demystify this process:
- Healthcare – Doctors can use data classification for numerous reasons. For example, they can group certain indicators of a disease for improved diagnostics. Likewise, classification comes in handy when grouping patients by age, condition, and other key factors.
- Finance – Data classification is essential for financial institutions. Banks can group information about consumers to find lenders more easily. Furthermore, data classification is crucial for elevating security.
- E-commerce – A key feature of online shopping platforms is recommending your next buy. They do so with the help of data classification. A system can analyze your previous decisions and group the related information to enhance recommendations.
- Weather forecast – Several considerations come into play during a weather forecast, including temperatures and humidity. Specialists can use a data mining platform to classify these considerations.
Techniques for Classification in Data Mining
Even though all data classification has a common goal (making information easily retrievable), there are different ways to accomplish it. In other words, you can incorporate an array of classification techniques in data mining.
Decision Trees
The decision tree method might be the most widely used classification technique. It’s a relatively simple yet effective method.
Overview of Decision Trees
Decision trees are like, well, trees, branching out in different directions. In the case of data mining, these trees have two branches: true and false. This method tells you whether a feature is true or false, allowing you to organize virtually any information.
Advantages and Disadvantages
Advantages:
- Preparing information in decision trees is simple.
- No normalization or scaling is involved.
- It’s easy to explain to non-technical staff.
Disadvantages:
- Even the tiniest of changes can transform the entire structure.
- Training decision tree-based models can be time-consuming.
- It can’t predict continuous values.
Support Vector Machines (SVM)
Another popular classification involves the use of support vector machines.
Overview of SVM
SVMs are algorithms that divide a dataset into two groups. It does so while ensuring there’s maximum distance from the margins of both groups. Once the algorithm categorizes information, it provides a clear boundary between the two groups.
Advantages and Disadvantages
Advantages:
- It requires minimal space.
- The process consumes little memory.
Disadvantages:
- It may not work well in large data sets.
- If the dataset has more features than training data samples, the algorithm might not be very accurate.
Naïve Bayes Classifier
The Naïve Bayes is also a viable option for classifying information.
Overview of Naïve Bayes Classifier
The Naïve Bayes method is a robust classification solution that makes predictions based on historical information. It tells you the likelihood of an event after analyzing how many times a similar (or the same) event has taken place. The most frequent application of this algorithm is distinguishing non-spam emails from billions of spam messages.
Advantages and Disadvantages
Advantages:
- It’s a fast, time-saving algorithm.
- Minimal training data is needed.
- It’s perfect for problems with multiple classes.
Disadvantages:
- Smoothing techniques are often required to fix noise.
- Estimates can be inaccurate.
K-Nearest Neighbors (KNN)
Although algorithms used for classification in data mining are complex, some have a simple premise. KNN is one of those algorithms.
Overview of KNN
Like many other algorithms, KNN starts with training data. From there, it determines the distance between particular objects. Items that are close to each other are considered related, which means that this system uses proximity to classify data.
Advantages and Disadvantages
Advantages:
- The implementation is simple.
- You can add new information whenever necessary without affecting the original data.
Disadvantages:
- The system can be computationally intensive, especially with large data sets.
- Calculating distances in large data sets is also expensive.
Artificial Neural Networks (ANN)
You might be wondering, “Is there a data classification technique that works like our brain?” Artificial neural networks may be the best example of such methods.
Overview of ANN
ANNs are like your brain. Just like the brain has connected neurons, ANNs have artificial neurons known as nodes that are linked to each other. Classification methods relying on this technique use the nodes to determine the category to which an object belongs.
Advantages and Disadvantages
Advantages:
- It can be perfect for generalization in natural language processing and image recognition since they can recognize patterns.
- The system works great for large data sets, as they render large chunks of information rapidly.
Disadvantages:
- It needs lots of training information and is expensive.
- The system can potentially identify non-existent patterns, which can make it inaccurate.
Comparison of Classification Techniques
It’s difficult to weigh up data classification techniques because there are significant differences. That’s not to say analyzing these models is like comparing apples to oranges. There are ways to determine which techniques outperform others when classifying particular information:
- ANNs generally work better than SVMs for making predictions.
- Decision trees are harder to design than some other, more complex solutions, such as ANNs.
- KNNs are typically more accurate than Naïve Bayes, which is rife with imprecise estimates.
Systems for Classification in Data Mining
Classifying information manually would be time-consuming. Thankfully, there are robust systems to help automate different classification techniques in data mining.
Overview of Data Mining Systems
Data mining systems are platforms that utilize various methods of classification in data mining to categorize data. These tools are highly convenient, as they speed up the classification process and have a multitude of applications across industries.
Popular Data Mining Systems for Classification
Like any other technology, classification of data mining systems becomes easier if you use top-rated tools:
WEKA
How often do you need to add algorithms from your Java environment to classify a data set? If you do it regularly, you should use a tool specifically designed for this task – WEKA. It’s a collection of algorithms that performs a host of data mining projects. You can apply the algorithms to your own code or directly into the platform.
RapidMiner
If speed is a priority, consider integrating RapidMiner into your environment. It produces highly accurate predictions in double-quick time using deep learning and other advanced techniques in its Java-based architecture.
Orange
Open-source platforms are popular, and it’s easy to see why when you consider Orange. It’s an open-source program with powerful classification and visualization tools.
KNIME
KNIME is another open-source tool you can consider. It can help you classify data by revealing hidden patterns in large amounts of information.
Apache Mahout
Apache Mahout allows you to create algorithms of your own. Each algorithm developed is scalable, enabling you to transfer your classification techniques to higher levels.
Factors to Consider When Choosing a Data Mining System
Choosing a data mining system is like buying a car. You need to ensure the product has particular features to make an informed decision:
- Data classification techniques
- Visualization tools
- Scalability
- Potential issues
- Data types
The Future of Classification in Data Mining
No data mining discussion would be complete without looking at future applications.
Emerging Trends in Classification Techniques
Here are the most important data classification facts to keep in mind for the foreseeable future:
- The amount of data should rise to 175 billion terabytes by 2025.
- Some governments may lift certain restrictions on data sharing.
- Data automation is expected to be further automated.
Integration of Classification With Other Data Mining Tasks
Classification is already an essential task. Future platforms may combine it with clustering, regression, sequential patterns, and other techniques to optimize the process. More specifically, experts may use classification to better organize data for subsequent data mining efforts.
The Role of Artificial Intelligence and Machine Learning in Classification
Nearly 20% of analysts predict machine learning and artificial intelligence will spearhead the development of classification strategies. Hence, mastering these two technologies may become essential.
Data Knowledge Declassified
Various methods for data classification in data mining, like decision trees and ANNs, are a must-have in today’s tech-driven world. They help healthcare professionals, banks, and other industry experts organize information more easily and make predictions.
To explore this data mining topic in greater detail, consider taking a course at an accredited institution. You’ll learn the ins and outs of data classification as well as expand your career options.
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Source:
- Il Sole 24 Ore, Published on July 29th, 2024 (original article in Italian).
By Filomena Greco
It is called OPIT and it was born from an idea by Riccardo Ocleppo, entrepreneur, director and founder of OPIT and second generation in the company; and Francesco Profumo, former president of Compagnia di Sanpaolo, former Minister of Education and Rector of the Polytechnic University of Turin. “We wanted to create an academic institution focused on Artificial Intelligence and the new formative paths linked to this new technological frontier”.
How did this initiative come about?
“The general idea was to propose to the market a new model of university education that was, on the one hand, very up-to-date on the topic of skills, curricula and professors, with six degree paths (two three-year Bachelor degrees and four Master degrees) in areas such as Computer Science, AI, Cybersecurity, Digital Business; on the other hand, a very practical approach linked to the needs of the industrial world. We want to bridge a gap between formal education, which is often too theoretical, and the world of work and entrepreneurship.”
What characterizes your didactic proposal?
“Ours is a proprietary teaching model, with 45 teachers recruited from all over the world who have a solid academic background but also experience in many companies. We want to offer a study path that has a strong business orientation, with the aim of immediately bringing added value to the companies. Our teaching is entirely in English, and this is a project created to be international, with the teachers coming from 20 different nationalities. Italian students last year were 35% but overall the reality is very varied.”
Can you tell us your numbers?
“We received tens of thousands of applications for the first year but we tried to be selective. We started the first two classes with a hundred students from 38 countries around the world, Italy, Europe, USA, Canada, Middle East and Africa. We aim to reach 300 students this year. We have accredited OPIT in Malta, which is the only European country other than Ireland to be native English speaking – for us, this is a very important trait. We want to offer high quality teaching but with affordable costs, around 4,500 euros per year, with completely online teaching.”
Read the full article below (in Italian):
![](https://www.opit.com/wp-content/uploads/2024/07/EFMD-300x186.png )
Source:
- EFMD Global, Published on July 12th, 2024.
By Stephanie Mullins
Many people love to read the stories of successful business school graduates to see what they’ve achieved using the lessons, insights and connections from the programmes they’ve studied. We speak to one alumnus, Riccardo Ocleppo, who studied at top business schools including London Business School (LBS) and INSEAD, about the education institution called OPIT which he created after business school.
Please introduce yourself and your career to date.
I am the founder of OPIT — Open Institute of Technology, a fully accredited Higher Education Institution (HEI) under the European Qualification Framework (EQF) by the MFHEA Authority. OPIT also partners with WES (World Education Services), a trusted non-profit providing verified education credential assessments (ECA) in the US and Canada for foreign degrees and certificates.
Prior to founding OPIT, I established Docsity, a global community boasting 15 million registered university students worldwide and partnerships with over 250 Universities and Business Schools. My academic background includes an MSc in Electronics from Politecnico di Torino and an MSc in Management from London Business School.
Why did you decide to create OPIT Open Institute of Technology?
Higher education has a profound impact on people’s futures. Through quality higher education, people can aspire to a better and more fulfilling future.
The mission behind OPIT is to democratise access to high-quality higher education in the fields that will be in high demand in the coming decades: Computer Science, Artificial Intelligence, Data Science, Cybersecurity, and Digital Innovation.
Since launching my first company in the education field, I’ve engaged with countless students, partnered with hundreds of universities, and collaborated with professors and companies. Through these interactions, I’ve observed a gap between traditional university curricula and the skills demanded by today’s job market, particularly in Computer Science and Technology.
I founded OPIT to bridge this gap by modernising education, making it affordable, and enhancing the digital learning experience. By collaborating with international professors and forging solid relationships with global companies, we are creating a dynamic online community and developing high-quality digital learning content. This approach ensures our students benefit from a flexible, cutting-edge, and stress-free learning environment.
Why do you think an education in tech is relevant in today’s business landscape?
As depicted by the World Economic Forum’s “Future of Jobs 2023” report, the demand for skilled tech professionals remains (and will remain) robust across industries, driven by the critical role of advanced technologies in business success.
Today’s companies require individuals who can innovate and execute complex solutions. A degree in fields like computer science, cybersecurity, data science, digital business or AI equips graduates with essential skills to thrive in this dynamic industry.
According to the International Monetary Fund (IMF), the global tech talent shortage will exceed 85 million workers by 2030. The Korn Ferry Institute warns that this gap could result in hundreds of billions in lost revenue across the US, Europe, and Asia.
To address this challenge, OPIT aims to democratise access to technology education. Our competency-based and applied approach, coupled with a flexible online learning experience, empowers students to progress at their own pace, demonstrating their skills as they advance.
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