Data Mining

ALSO CALLED: Datamining, Analytics, Data Dredging, Database Analytics, Datamine, Data-mining
DEFINITION: Hancock is a C-based programming language developed by AT&T specifically for data mining telephone and Internet records. AT&T's software is used to discover what the company calls "communities of interest" -- social networks of people who call each other. The software was developed in the late 1990s for lead generation and to detect customer fraud. For example, if a new account is linked  …