Data Mining Functions

Data mining generally refers to examining a large amount of data to extract valuable information. The data mining process uses predictive models based on existing and historical data to project potential outcome for business activities and transactions. MicroStrategy Data Mining Services facilitates the development and deployment of these predictive models.

Data mining is covered in the Data Mining Services chapter of the Advanced Reporting Help. The Data Mining Services chapter introduces MicroStrategy Data Mining Services, which includes these features:

• Using MicroStrategy and the Training Metric Wizard to create multi-variable regression predictive models
• Support for importing third-party predictive models using the PMML industry standard
• A Predictive Model Viewer that visualizes the predictive model
• A set of sample predictive metrics and reports incorporated into Customer Analysis Module (CAM)

In addition, the Data Mining Services chapter of the Advanced Reporting Help describes the process of how to create and use predictive models with MicroStrategy and provides a business case for illustration.

The data mining functions that are available within MicroStrategy are employed when using standard MicroStrategy Data Mining Services interfaces and techniques, which includes the Training Metric Wizard and importing third-party predictive models. To ensure proper functionality, it is recommended to use these MicroStrategy data mining functions within the Data Mining Services interfaces and techniques, rather than manually defining the values and parameters for these functions.