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CRISP-DM Methodology
The CRISP-DM methodology that stands for Cross Industry Standard Process for Data Mining, is a cycle that describes commonly used approaches that data mining experts use to tackle problems in traditional BI data mining. It is still being used in traditional BI data mining teams.

Take a look at the following illustration. It shows the major stages of the cycle as described by the CRISP-DM methodology and how they are interrelated.

Life Cycle


CRISP-DM was conceived in 1996 and the next year, it got underway as a European Union project under the ESPRIT funding initiative. The project was led by five companies: SPSS, Teradata, Daimler AG, NCR Corporation, and OHRA (an insurance company). The project was finally incorporated into SPSS. The methodology is extremely detailed oriented in how a data mining project should be specified.

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