Knowing what to do with the massive amount of data collected has always been an ongoing issue for many organizations. While data mining has been touted to be the solution, it has failed to deliver the impact despite its successes in many areas. One reason is that data mining algorithms were not designed for the real world, i.e., they usually assume a static view of the data and a stable execution environment where resources are abundant. The reality however is that data are constantly changing and the execution environment is dynamic. Hence, it becomes difficult for data mining to truly deliver timely and relevant results. Recently, the processing of stream data has received many attention. What is interesting is that the methodology to design stream-based algorithms may well be the solution to the above problem. In this entry, we discuss this issue and present an overview of recent works.
Field of Research
080109 Pattern Recognition and Data Mining
Socio Economic Objective
890205 Information Processing Services (incl. Data Entry and Capture)
HERDC Research category
B2 Book chapter in non-commercially published book