Using Data Mining in CRM to Understand the Insurance Market

dc.Location2015 T 58.6 Q23
dc.SupervisorDr Sherief Abdallah
dc.contributor.authorQadadeh, Wafa
dc.date.accessioned2016-10-24T12:13:50Z
dc.date.available2016-10-24T12:13:50Z
dc.date.issued2016-11
dc.descriptionDISSERTATION WITH DISTINCTION
dc.description.abstractUnderstanding customers’ interests is an important concept for designing marketing campaigns to improve businesses and increase revenue. The rapid growth of high dimensional databases and data warehouses, such as Customer Relationship Management (CRM), stressed the need for advanced data mining techniques. In this paper we investigate different data mining algorithms, specifically K-Means, SOM, and CHAID using the TIC CRM dataset. While K-Means has shown promising clustering results, SOM has outperformed in the sense of: speed, quality of clustering, and good visualization. Also we discuss how both techniques segmentation analysis can be useful in studying customer’s interest. CHAID helps us to predict new target for customers’ interest based on their demographic data.en_US
dc.identifier.other2013128026
dc.identifier.urihttp://bspace.buid.ac.ae/handle/1234/892
dc.language.isoenen_US
dc.publisherThe British University in Dubai (BUiD)en_US
dc.subjectinsurance marketen_US
dc.subjectdata miningen_US
dc.subjectCustomer Relationship Management (CRM)en_US
dc.titleUsing Data Mining in CRM to Understand the Insurance Marketen_US
dc.typeDissertationen_US
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