What does the term data mining refer to?

Data mining is a new interdiceplenary field that involves large data sets and applying statistics, Artificial Intelligence, and applying them to help with database management. It is believed that it gives businesses an information advantage on business intelligence.

"Data mining" is a type of computer science, in which one mines data and analyzing it in order to determine patterns and structure for future use. Applications of these structures then can be used in designing databases, artificial intelligence, and statistical analysis.