MD. Jahidul Mollah Jahid is presenting on the ABCs of data mining. Data mining is the process of extracting patterns from large datasets using machine learning, statistics, and database systems. It draws from multiple disciplines including data, information, and knowledge. Data mining is valuable because it allows extraction of the most useful information from large datasets, opening opportunities for business through predictive and descriptive powers. It can predict the future and make it profitable. Data mining has various industry applications and involves certain steps.