Oracle is to acquire Carleton Corporation in a deal worth $8.7m. The two companies have signed a definitive agreement, which will see the leading database provider acquire Carleton by giving its shareholders $2.45 for each share.
PeopleSoft 8.8, which is being released in stages over the next few months, also features updated data mining tools and expanded bookkeeping and sales and marketing features. Another program allows workers to log into time-reporting systems...
The tools, features and plug-ins differentiate the vendors. They provide the ability to generate significant business ROI in customer data mining, channel optimisation, unstructured knowledge retention and increased commercial and government portal...
Jim Gillespie, director of shrink and loss prevention at US supermarket chain Farm Fresh, has already invested in a data mining system which he can use to psyche out the covert staff fraudsters as well as help out honest cashiers by showing those...
IBM is likely to start to look into ways of combining sensor networks with data mining (developed originally by Rakesh Agrawal at IBM). Now that multicore processors exist that contain hundreds of millions of chips, it is becoming more economical...
Classic fashion retailer Jaeger is about to start a data-mining project as part of a £120,000 effort to curb the loss of stock from crime or waste - known in the industry as shrinkage. The data-mining application, supplied by IDM Software will...