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Using Data Mining Techniques in Economic Crisis

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Author Info

  • Codreanu Diana Elena

    ()
    („Constantin Brancoveanu” University of Pitesti)

  • Popa Ionela

    ()
    („Constantin Brancoveanu” University of Pitesti)

  • Parpandel Denisa Elena

    ()
    („Constantin Brancoveanu” University of Pitesti)

Abstract

Current economic context marked by economic crisis, has the effect of reducing costs and greater control over costs. It is a problem faced by all managers and a solution to anti-crisis measures such as using data mining techniques. Data mining or "knowledge discovery in large databases" is a set of techniques used to discover valuable information from large volumes of data unknown .Data mining techniques are used in many fields, one which lends itself particularly well to the economy. Uncertainty facing the economy makes use of data mining techniques are more important now as it assumes that there are many advantages, brings both knowledge and management level in their area of activity.

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Bibliographic Info

Article provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.

Volume (Year): XI (2011)
Issue (Month): 2 (May)
Pages: 233-236

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Handle: RePEc:ovi:oviste:v:xi:y:2011:i:9:p:233-236

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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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Related research

Keywords: data mining; economic crisis; information; knowledge extraction;

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