Data mining is the process of discovering patterns and extracting valuable information from large datasets using algorithms and statistical techniques. It involves several key steps, including data collection, cleaning, validation, and analysis. By applying various machine learning algorithms, such as regression and decision trees, data mining enables organizations to uncover hidden insights that can inform decision-making and strategy. This practice is increasingly important in today’s data-driven world, where the ability to analyze vast amounts of information can lead to competitive advantages across various industries, from marketing to healthcare and beyond.