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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

Process-Based Data Mining

Process-Based Data Mining
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Author(s): Karim K. Hirji (AGF Management Ltd., Canada)
Copyright: 2005
Pages: 5
Source title: Encyclopedia of Information Science and Technology, First Edition
Source Author(s)/Editor(s): Mehdi Khosrow-Pour, D.B.A. (Information Resources Management Association, USA)
DOI: 10.4018/978-1-59140-553-5.ch409

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Abstract

In contrast to the Industrial Revolution, the Digital Revolution is happening much more quickly. For example, in 1946, the world’s first programmable computer, the Electronic Numerical Integrator and Computer (ENIAC), stood 10 feet tall, stretched 150 feet wide, cost millions of dollars, and could execute up to 5,000 operations per second. Twenty-five years later, Intel packed 12 times ENIAC’s processing power into a 12–square-millimeter chip. Today’s personal computers with Pentium processors perform in excess of 400 million instructions per second. Database systems, a subfield of computer science, has also met with notable accelerated advances. A major strength of database systems is their ability to store volumes of complex, hierarchical, heterogeneous, and time-variant data and to provide rapid access to information while correctly capturing and reflecting database updates.

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