No matter what field you are in, you would have certainly heard about data mining. Over a period of time, it has gone on to become the buzz word in the industry, and the gurus of the industry believe that it holds the future of the industry. Let us first provide a definition to data mining. In plain language, data mining is a simple process which involves searching, collecting, filtering and analyzing data. For example, you are a new management institute and looking for data about students who are willing to pursue the course. In this case, you would first search for data.