- Plan deployment
- Plan monitoring and maintenance
- Produce final report
- Review project
- ROI calculation
Validated data mining model can be used in a number of ways:
- Analysts may make proposals on certain actions, based on the properties of client segments identified by the model, model rules, or the ROI curve itself.
- A higher level of model application is to use it for new data. In this case, we assign group participances, scores, probabilities, segment qualifiers to new records, depending on the previously defined data mining goals.
- An even more intelligent implementation is to integrate model knowledge into business processes. We can build it into an analytical CRM system, a loan appraisal system, a risk analyzer system, or any expert system – or we can create a whole new application around it.
After a certain amount of time has passed, we might need to consider monitoring. This procedure is for analyzing experiences gained while using the deployed system. In case of any unexpected event, we explore the possible causes and create solutions.