Knowledge discovery and Data Mining of structured and unstructured business data: problems and prospects of implementation and adaptation in crisis conditions

Abstract

In modern conditions of the development of the global economy and in connection with the emergence of new branches of economic activity in the field of IT, the phenomenon of Structured and Unstructured Big Data – the use of Data Science for advanced in-depth analysis of data and knowledge in all possible modes – leads to competitive advantages for corporations and institutions, both at the regional and interstate levels, which is especially relevant in the context of the current macroeconomic and military crisis. The following topical issues are systematically investigated in the article: current status and prospects for further development of Knowledge Discovery in Data Base (KDD), problems and critical issues of theory and practice of Data Mining, the specifics of effective use of Knowledge Discovery in DB (Data Base) in the current crisis in Ukraine. The above trends and features of the KDD market should be taken into account in further theoretical research and practical implementation or reengineering of KDD systems in Ukraine. The obtained results are relevant and applicable not only for local companies and organizations, but also for international applications in the context of global, regional macroeconomic and current national crisis phenomena.