Data mining and knowledge discovery in databases have been attracting a significant
amount of research, industry, and media attention
of late. What is all the excitement about?
This article provides an overview of this emerging
field, clarifying how data mining and knowledge
discovery in databases are related both to each
other and to related fields, such as machine
learning, statistics, and databases. The article
mentions particular real-world applications,
specific data-mining techniques, challenges involved
in real-world applications of knowledge
discovery, and current and future research directions
in the field.