Companies can benefit from open-source tools for data mining

06/30/2014 | CFO.com

Companies can reduce costs by using free, open-source software for data mining, or scouring large databases to identify patterns. Proprietary software can be pricey, but the availability of open-source data-mining software utilizing the R programming language gives buyers more options. However, companies should be aware of drawbacks, such as a need to have programmers on staff and to customize their platform.

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