Data mining, data warehousing, decision support and knowledge discovery make up the universe of D S * ( dsstar ), the only executive business newsletter supporting strategic employment of these technologies.
The On-Line Executive Journal for Data-Intensive Decision Support
*** Jul 6, 1999: Vol. 3, No. 27 ***
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IN THIS ISSUE:
HOW DOES DATA STORAGE RELATE TO SUCCESSFUL DATA MINING?
PACKAGED BI APPS FINALLY COMING OF AGE
NCR UNVEILS TERAMINER DATA MINING PROGRAM
ANALYSIS & COMMENTARY
THE DISJOINT BETWEEN DATA STORAGE AND DATA MINING
by Ed Colet
Executive Editor-at-Large Inderpal Bhandari presents a guest editorial by Virtual Gold's Acting Director of Research:
There's an obvious relationship between how data are stored and represented and what analyses are subsequently possible. Despite this inextricable link between data storage and data analysis, the nature of this relationship is often overlooked. Data mining analyses are often conducted on data stored within relational database management systems (RDBMS). But this remains quite complex and difficult. As such, the effective utilization of data mining may be limited.
As more IT managers look to purchase packaged software solutions rather than make their own, the business intelligence (BI) market has benefited as worldwide BI applications revenue reached $602.3 million in 1998, an increase of 42 percent over 1997 revenue, according to Dataquest Inc., a unit of Gartner Group, Inc.
NCR UNVEILS TERAMINER DATA MINING PROGRAM; ANNOUNCES
TERAMINER STATS DATA MINING SOFTWARE
According to industry analysts at International Data Corporation, the amount of data in the average data warehouse will quadruple over a three-year period. Rather than using a sample of data to perform the data mining analysis, TeraMiner Stats can perform statistical analysis and transformations on any or all data in the warehouse -- even if it's multiple terabytes.
JAPAN'S KOMATSU MOVES MOUNTAINS WITH INFORMIX
Dubbed by Komatsu's Construction and Mining Division as "Service Map" (SMAP), Komatsu's new intranet-based information management system enables the company to store and manage detailed maintenance data, including such complex data as photos and drawings of Komatsu's line of hydraulic shovels, bulldozers, wheel loaders, dump trucks, cranes, and other heavy construction equipment.
ACTION ITEMS
SAS Institute Offers Services From The Data Mining
Discovery Center
Customers who lack the time, resources and technical capabilities to use
analytical techniques effectively at their sites can take advantage of the
Institute's resources at the Data Mining Discovery Center in Cary, NC. SAS
Institute's data mining consultants can develop customized data mining
solutions using the latest technology and technical expertise.
SPSS Brings Data Mining Solutions To The Enterprise With
Clementine Solution Publisher
Unlike other products, Clementine Solution Publisher enables multiple
users to work with a model and complete data access and data transformations
without additional programming.
Visible Decisions And The Northern Trust Company Set The
Pace For Strategic Investment Analysis
With Northern Trust FundDimensions, the institutional investor can better
manage a broad portfolio of investment types and currencies. The graphical
nature of the system gives the user access to the big picture and the
ability to explore detail in one comprehensive application.
Oracle Announces Jserver Is Supported By Sedona
Spatialvision Business-Intelligence Software
Sedona SpatialVision is a Java-based tool that enables enterprises to
visualize corporate data stored in application databases, data warehouses
and data marts built with Oracle databases and Oracle Spatial. With Oracle
JServer, Sedona can deploy server side components which use Oracle's three
tier architecture to deliver tighter integration with enterprise application
requirements.
Trucker Improves CustomerService With Reports, Details
Customer service managers at Penske Truck Leasing Co. wanted to be able to
tell customers everything about the company's 3,000 trucks -- not just where
they were, but also what part of a trip had slowed them down, what kind of
gas mileage they were getting and even the length of each stop.
Advantage Database Server 5.5 Introduces StreamlineSQL
The embedded database server integrated SQL solution is fast, efficient
and effective. It costs less than competing products and does not require a
database administrator to maintain, even though SQL support has been added.
Business Objects Delivers Next Version Of Comprehensive
Business Intelligence Suite
The Business Objects integrated product line enables non-technical
business users to access, analyze, and share information stored in corporate
databases. Business Objects provides a suite of decision support tools that
are easy to learn, use, and deploy, scaleable from 10 to 20,000 users, and
integrated to provide one infrastructure for enterprise information
technology (IT) departments to set up and administer.
net.Genesis Integrates Its Industry-Leading Web Analysis
Solution With IBM WebSphere
net.Analysis enables enterprise reporting and analysis capabilities for
customers using WebSphere, and together they offer customers a range of
solutions to support business applications-from simple Web publishing to
enterprise-scale transaction processing. Utilizing net.Analysis, IBM's
WebSphere customers can gain a more in-depth understanding of their online
customers and overall interaction with their Web deployments.
"The availability of packaged business intelligence applications has been growing substantially as data warehouses have been maturing and management focus is shifting to real-time decision support applications."
DSstar INFORMATION
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