E-business intelligence via MCMP-based data mining methods

  • Authors:
  • Yi Peng;Yong Shi;Xingsen Li;Zhengxin Chen;Gang Kou

  • Affiliations:
  • School of Management, University of Electronic Science and Technology of China;CAS Res. Center on Fictitious Economy and Data Sci., Beijing, China and Sch. of Management, Graduate Univ. of the Chinese Academy of Sciences, Beijing, China and College of Inf. Sci. and Techn., U ...;School of Management, Graduate University of the Chinese Academy of Sciences, Beijing, China;College of Information Science and Technology, University of Nebraska at Omaha, Omaha, NE;Thomson Co., Eagan, MN

  • Venue:
  • WImBI'06 Proceedings of the 1st WICI international conference on Web intelligence meets brain informatics
  • Year:
  • 2006

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Abstract

Organizations gain competitive advantages and benefits through e-Business Intelligence (e-BI) technologies at all levels of business operations. E-BI gathers, processes, and analyzes tremendous relevant data to help enterprises make better decisions. Data mining, which utilizes methods and tools from various fields to extract useful knowledge from large amount of data, provides significant support to e-BI/BI applications. This paper presents an overview of a data mining approach: Multiple Criteria Mathematical Programming (MCMP); describes a real-life application using MCMP; and explains how business users at different levels can benefit from the results of MCMP. Then three application models were presented for efficient implementation of e-BI/BI by MCMP models.