In this post, we’d like to share some of the most interesting terms that are used in today’s science and IT world. We think you will benefit from getting familiar with these modern tech-age expressions.
This post is a continuation of the previous post on Advertising on the Web and Data mining. Here we conclude by reviewing some basic algorithms for placing ads on the web.
The challenge of effective web advertisement primarily involves placing relevant ads on user requested web pages. Those ads must be relevant to a page receiver, that is relevant to the page context and/or directly to the user. What algorithms are being used for this? What trends are there now in business intelligence and data mining for digital advertisement solutions?
Clustering is a data mining process where data are viewed as points in a multidimensional space. Points that are “close” in this space are assigned to the same cluster.
In Business Intelligence (and in data mining in general) a regular need is to be able to find the items that frequently go together in a consumer basket.
I want to share on the research which was done by some Estonian students concerning web traffic analysis. The case study they undertook is about mining frequent user access patterns from web log ﬁles. The primary objective was to discover the most frequent browsing patterns by analyzing the browsing sessions in logs.