Patent ID: 7523106

Claim:
A computer-implemented method for generating customized data mining models, comprising: receiving and analyzing user data to provide statistical information about the user data, wherein the statistical information comprises data relationships, data outliners, invalid data values and standard deviations; generating and ranking customized data mining models, and executing a selected customized data mining model of the customized data models on the user data, wherein the customized data mining models are generated using multiple iterations based on permutations of at least one of the user data, business parameters and a set of model generation algorithms, wherein the generating and ranking comprises: generating the customized data mining models in parallel using multiple iterations based on the permutations of at least one of the user data, the business parameters and the set of model generation algorithms, wherein the business parameters comprise a business taxonomy and a set of model goals, ranking the customized data mining model based on the business parameters, identifying a predetermined quantity of the ranked customized data mining models, and providing comparative data corresponding to the predetermined quantity of the ranked customized data mining models; selecting at least one customized mining model from the predetermined quantity; executing the selected at least one customized data mining model on the user data; and selecting at least one existing data mining model from a library of existing data mining models, and executing the selected at least one existing data mining model in parallel on the user data, and outputting a result of the executing of the selected at least one customized data mining model to a user.