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Mumbai:
Teradata, a division of NCR Corporation introduced Teradata®
Warehouse Miner 4.0 data mining software along with enhanced
data quality consulting services. Teradata is the first
vendor to significantly automate the most difficult and
time-consuming tasks of analysing and preparing the data
for data mining and data quality analysis, which enables
businesses to drive a higher return on investment from
the enterprise data warehouse.
Teradata
has incorporated best practices captured from its data
mining consultancy into Teradata Warehouse Miner, a powerful
tool used to mine the world''s largest data warehouses.
The latest version, Teradata Warehouse Miner 4.0, contains
two major innovative enhancements.
The
first innovation significantly automates the generation
of data for analysis, commonly referred to as the analytic
data set. Teradata Warehouse Miner is able to analyse
the entire data warehouse for specific relevant data elements
and prepares them for analysis. The second enhancement
offers built-in intelligence, which creates profiling
capabilities that automate key data-assessment steps that
identify patterns and anomalies in data.
"Selecting,
profiling and preparing data is the most difficult and
resource-intensive part of data mining," said Julian
Beavis, vice president of Teradata, for India, SE Asia,
Australia and New Zealand. "Pushing ahead of the
competition, Teradata has found new ways to automate steps
within the analytic data set creation by incorporating
many new data mining components into Teradata Warehouse
Miner 4.0 to make the data mining process easier while
shortening the development and deployment cycle."
An
innovative retail Teradata customer recently managed to
convert a break-even target marketing campaign into a
$1.6 million monthly profit by leveraging Teradata Warehouse
Miner technology and Teradata Professional Services to
identify incomplete and duplicate customer records which
resulted in excessive mailing costs. By improving the
quality of customer data and supporting multiple campaigns
over a two-year period, this company was able to drive
a total return on investment of over $54 million.
In addition to data mining software, Teradata has enhanced
its data quality consulting services by incorporating
data mining techniques that profile data within the database.
Teradata customers'' in-house data quality analysts can
also utilize these data mining techniques to profile their
data to validate business assumptions against their data
and identify data inconsistencies. Profiling enables businesses
to identify and resolve a wide range of data quality issues
including: eliminating duplicate records, identifying
missing data, validating data accuracy, verifying the
format of data and identifying unrelated outlying data
that may skew an analysis. Teradata Profiler leverages
in-database, parallel processing techniques allowing the
analysis of data directly in the database, eliminating
the cost of data movement.
"Teradata''s
innovative data profiling capabilities coupled with the
world-class data warehousing consultancy and partnerships
with industry-leading
data quality vendors make the Teradata data quality solution
the best and most comprehensive in the industry,"
said Julian Beavis.
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