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The need to use Data Mining techniques in E-business

Author

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  • Claudia Elena DINUCA

    (Faculty of Economics and Business Administration, University of Craiova, Romania)

Abstract

The number of Internet users rose from 400 million in 2000 to just over 2 billion in early 2011. This means that approximately one third of the world's population uses the internet. Taking these conditions into consideration, the way how businesses are designed need to be changed Many companies that, over the last century could not even dream that could have a certain volume of activity or they could face competition with industry giants, have succeeded in giving to enjoy great success. For example: Amazon.com, founded in 1995, had in 1999 a turnover of at least 13 times higher than other prestigious names in the U.S., such as Barnes & Noble and Borders Books & Music. E-business is the key to make life easier for the people. Knowledge of e-business environment is essential for doing business in this century. More must be understood and new technologies applied to extract knowledge from data.

Suggested Citation

  • Claudia Elena DINUCA, 2011. "The need to use Data Mining techniques in E-business," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 3, pages 167-176, September.
    • Handle: RePEc:cbu:jrnlec:y:2011:v:3:p:167-176
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    References listed on IDEAS

    as
    1. Dinuca Claudia Elena, 2011. "E-Business, a New Way of Trading in Virtual Environment Based on Information Technology," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 613-616, May.
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