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SEMMA is an acronym that stands for Sample, Explore, Modify, Model, and Assess. It is a list of sequential steps developed by SAS Institute, one of the largest producers of statistics and business intelligence software. It guides the implementation of data mining applications. [1]
Business method patents are a class of patents which disclose and claim new methods of doing business. This includes new types of e-commerce, insurance, banking and tax compliance etc. Business method patents are a relatively new species of patent and there have been several reviews investigating the appropriateness of patenting business methods.
However, SAS Institute clearly states that SEMMA is not a data mining methodology, but rather a "logical organization of the functional toolset of SAS Enterprise Miner." A review and critique of data mining process models in 2009 called the CRISP-DM the "de facto standard for developing data mining and knowledge discovery projects."
Articles relating to business models, the rationale of how an organization creates, delivers, and captures value, [1] in economic, social, cultural or other contexts. The process of business model construction and modification is also called business model innovation and forms a part of business strategy. [2
Three Dimensional Business Definition model Derek F. Abell (born 1938) [ 1 ] is the founding president and Professor Emeritus at the European School of Management and Technology (ESMT) in Berlin . In 2012, he also became the international dean at HSM Educação in Sao Paulo, Brazil .
That is because drugmakers have a unique business model where they are only able to maintain the patents on their drugs for around 10-20 years before the patents expire and other companies are ...
Business strategy drives selection of business models. These business models drive the design of underlying processes and services. Business Analysis is critical: Any number of models can address a strategic imperative. But the best models, services and processes will exploit existing business capabilities (human, IT and physical), the areas where change is possible and the areas where invest
Risk management in business (7 C, 41 P) S. Small and medium-sized enterprises (2 C, 11 P) ... Chain-linked model; Commercial management; Compassionate leadership; D.