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Data mining, otherwise known as data or knowledge discovery, involves the examination and analysis of data from different bodies and summarising it into helpful information (i.e. finding correlations which can be exploited).
With a large technological aspect, data mining often uses specialist software to extract, group and analyse information using a number of tools (i.e. determining the relationship between x and y). Companies use this software to sift through large amounts of information and analyse market research. In terms of business practise, this is an efficient, time saving process that also produces useful information.
Companies presently offering Data Mining job vacancies in UK include Amazon, Goldman Sachs, GlaxoSmithKline..
The largest category under which open Data Mining jobs are listed is IT Jobs, followed by Accounting & Finance Jobs.
83% of current opportunities are permanent, whereas 17% are contract jobs.
The standard deviation of salaries for the results of this search is 26,254.
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