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What are the job prospects for studying data mining in China?

Data mining refers to the process of mining unknown, and valuable information and knowledge from a large amount of data, through statistics, artificial intelligence, machine learning and other methods. Data mining mainly focuses on solving four types of problems: classification, clustering, correlation and prediction, that is, quantitative and qualitative, data mining focuses on finding unknown patterns and laws. Output models or rules, and can get model scores or labels accordingly, model scores such as churn probability value, sum score, similarity, predictive value, etc., labels such as high school and low value users, churn and non-churn, good credit, medium and poor credit, etc.. It is mainly mined using statistical, artificial intelligence, and machine learning methods such as decision trees, neural networks, association rules, and cluster analysis. Taken together, the essence of data analytics (in the narrow sense) and data mining are the same, both are discovering knowledge about the business (valuable information) from inside the data, which can help business operations, improve products, and help companies make better decisions, so data analytics (in the narrow sense) and data mining constitute data analytics in the broad sense. These elements are not the same as data analytics.

Applications and Career Fields

Current data mining applications are focused on telecom (customer analytics), retail (sales forecasting), agriculture (industry data forecasting), weblogs (web page customization), banking (customer fraud), power (customer calls), biology (genetics), astrobiology (astral classification), chemicals, pharmaceuticals, and so on.

Currently it can solve the problem typically lies in: database marketing (Database Marketing), customer group division (Customer Segmentation & Classification), background analysis (Profile Analysis), cross-selling (Cross-selling) and other market analysis. selling) and other market analysis behavior, as well as customer churn analysis (Churn Analysis), customer credit scoring (Credit Scoring), fraud detection (Fraud Detection) and so on, has been successfully applied in many fields.

Career Salary

As of now, like most of the IT industry positions, the demand for data mining talent in the country's demand for work is saturated at the low end, the high-end shortage. From the recruitment of BAT, the field of data mining is relatively high threshold, but the salary and benefits are also relatively good, common such as Tencent, Ali will give to the annual salary of 20W +. And powerful senior algorithm experts annual salary of one million is also a common thing, so everyone in the algorithm is still a big possibility. In addition, as finance is becoming more and more Internet-based, a large number of algorithm engineers will become the shortage of Internet finance companies in the future.

Want to know more about data mining related information can consult the CDA data analyst

CDA (Certified Data Analyst), also known as "CDA data analyst", refers to the Internet, retail, CDA (Certified Data Analyst), also known as "CDA data analyst", refers to a new type of data analyst who specializes in data collection, cleaning, processing, analysis, and production of business reports and decision-making in the Internet, retail, finance, telecommunications, healthcare, tourism and other industries. It aims to strengthen the construction of formalized, scientific and professional big data and data analytics talent team worldwide, further enhance the professionalism and competence level of data analysts, and promote the high-quality, sustainable and rapid development of the data analytics industry.

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