Data mining applications in business practice

Throughout last decades, knowledge discovery from databases as one of the information and communicaiton technologies' disciplines has developed into its current state being showed increasing interest not only by major business corporates. Presented diploma thesis deals with problematique of data mining while paying prime attention to its practical utilization within business environment. Thesis objective is to review possibilities of data mining applications and to decompose implementation techniques focusing on specific data mining methods and algorithms as well as adaptation of business processes. This objective is subject of theoretical part of thesis focusing on principles of data mining, knowledge discovery from databases process, data mining commonly used methods and algorithms and finally tasks typically implemented in this domain. Further objective consists in presenting data mining benefits on the model example that is being displayed in the practical part of the thesis. Besides created data mining models evalution, practical part contains also design of subsequent steps that would enable higher efficiency in some specific areas of given business. I believe previous point together with characterization of knowledge discovery in databases process to be considered as the most beneficial one's of the thesis.