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> Computer Software / Database Software / Data
> Warehousing
> ----------------------------------------------------------
>
> Price Waterhouse LLC Announces New Data Mining Services
> and Opening of Knowledge Discovery Center
>
> Source: PR Newswire
>
> NEW YORK, Feb. 26 /PRNewswire/ via Individual Inc. --
> Price Waterhouse Management Consulting, a recognized
> leader in delivering data warehouse services to global
> companies, introduces Data Mining Services to help
> clients achieve strategic value from the mounds of data
> often accumulated in the course of business. An
> integrated offering of Price Waterhouse's Global Data
> Warehouse Practice, the Data Mining Services range from
> introductory seminars on data mining and knowledge
> discovery to full data mining system implementations. To
> support these offerings, Price Waterhouse has opened the
> Knowledge Discovery Center in Bethesda, Maryland.
>
> "Data mining has recently moved to the forefront of
> business executives' strategic initiatives," says Mike
> Schroeck, Global Data Warehouse Practice Leader for Price
> Waterhouse. "This development is driven by a significant
> growth in the amount of data that companies collect on
> their customers, process and finances through newly
> integrated systems and data warehouses, coupled with the
> competitive need to manage and access information more
> rapidly and more efficiently."
>
> Data mining technologies use sophisticated, automated
> algorithms to discover hidden patterns, correlations and
> interacting relationships among the hundreds of strategic
> data elements collected by an organization. The impact of
> data mining on a company's bottom line, whether through
> increased revenues or decreased costs, is often enormous.
>
> A leader in data mining knowledge and research, Price
> Waterhouse has performed a comprehensive, hands-on
> evaluation of many of the leading data mining tools
> currently available on the market, and has spoken at a
> variety of conferences and trade shows on the subject.
> With years of analytical modeling and data analysis
> experience, Price Waterhouse can help clients get the
> greatest return on their data mining investment. "We are
> dedicated to offering value-added data mining analyses to
> our clients. The time for businesses to take advantage of
> these tools and algorithms has never been better," says
> Dr. Glenn Galfond, partner in charge of Price
> Waterhouse's Management Analytics practice, which is
> spearheading the firm's Data Mining Services.
>
> The Data Mining Services offered by Price Waterhouse
> include Data Mining 101, Data Mining Proof, Data Mining
> Service and Data Mining Solutions. Data Mining 101 is a
> half-day beginner's course in data mining. The course
> provides an overview of the technology, examples of how
> it has been successfully used, and a demonstration of the
> leading data mining tools. Data Mining Proof is a short
> proof of concept project, in which Price Waterhouse mines
> a small extract of a client's data for quick, but
> rewarding results. This allows the client to see data
> mining's potential in a hands-on environment. Clients
> also receive a copy of PW's comprehensive Data Mining
> Tool Evaluation report.
>
> For companies that are ready to delve more deeply into
> data mining but do not have the necessary in-house
> resources, Data Mining Services offer a full range of
> data mining outsourcing options, including data
> extraction, data cleansing and data mining. For companies
> that wish to implement enterprise- wide data mining
> systems, Data Mining Solutions offers Price Waterhouse's
> proven data mining and data warehousing methodology and
> full-scale systems implementation experience.
>
> The Knowledge Discovery Center will be used to support
> these services and to provide an environment for
> demonstrating the latest data mining tools and train
> clients in their use. Price Waterhouse has equipped the
> Center with many of the leading data mining tools. The
> technologies and algorithms available in the Center
> encompass the full breadth of data mining capabilities.
> Galfond adds, "Price Waterhouse has invested heavily in
> the research and evaluation of the leading data mining
> tools. Our clients can take advantage of this investment
> while reaping the benefits that data mining brings to
> their companies."
>
> Price Waterhouse Management Consulting delivers
> enterprise-wide solutions to large multinational clients
> through integrated Information Technology and Change
> Integration(R) services. With in-depth knowledge of
> selected industries and business process expertise, Price
> Waterhouse Management Consulting works with clients
> worldwide, from strategy through implementation, to help
> them improve business performance. Price Waterhouse
> Management Consulting services are provided in the U.S.
> by Price Waterhouse LLC. SOURCE Price Waterhouse LLC
>
> /CONTACT: Jan Butler of Price Waterhouse, New York,
> 212-819-4838 or [email protected]; or Fritz Lyon of
> Hammond Farrell, 212-995-5680, ext. 126, or
> [email protected]/ CO: Price Waterhouse Management
> Consulting; Price Waterhouse LLC ST: New York, Maryland
> IN: CPR SU: PDT SH-MA -- NYW042 -- 4154 02/26/97 09:42
> EST http://www.prnewswire.com
>
> [02-26-97 at 12:00 EST, PR Newswire]
>
>
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