A data mining application is a web, mobile, or desktop application that analyzes user data to identify patterns and trends in order to discover previously unknown information. Data mining apps typically offer a dashboard for displaying performance metrics and summary reports.

Data mining apps are similar to all other business intelligence apps, including project management apps, supply chain apps, and expense management apps. The most common data mining application is Google Analytics – a dashboard for tracking website traffic.

• An NFC-enabled cryptocurrency web and mobile app with top of the line security features that allows the general public to buy and sell crypto currency at current market trade value.

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• A data marketplace built for the e-commerce industry that allows people to advertise certain data sets from users to enterprises.

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• $500,000

• $15,000

• 6,667

• 200

A data mining app collects and analyzes information about its users. Data mining apps grow by continuously improving the way that they mine, analyze, and display user data to their customers. Data mining apps also grow by adding new features for new types of users. For example, new features could be added to the app for business users or students in order to capture underserved markets.

Data mining apps face privacy risks related to the collection and storage of user data, whether by the app owner or by third-party advertisers. These apps also face legal risk if they are collecting data that users do not understand is being collected or that they did not consent to sharing. Before developing a data mining app, it is recommended that you consult an attorney about privacy laws in your target market.

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