Data Mining & Intelligent Systems in the Near Future By Ryan Scrogham
Data Mining
As consignors become more comfortable with technology, they will hone their own requirements for doing business online, thereby necessitating system modifications to meet those demands.
provide firstclass support and education. As dealers become more comfortable with the technology, they will continue to push it (and us) to better meet their demands. And it is this push that will fuel the technology evolution. Maturation of Technologies: As technology advances, it becomes faster, less expensive, and easier to support. In just a few short years, we have seen dramatic advancements in processor speeds, hard disk space, memory (RAM), security, and bandwidth. We have also seen great improvements in software development tools that allow us to create better, more sophisticated applications in less time. By marrying faster processing to better applications over high-speed circuits, we will be able to further enhance the auction experience for those bidding online. An example would be online condition reports. ABC expects next-generation systems to be able to provide 360-degree views of the automobiles, highlighting the slightest imperfections. As a dealer “walks” around a car, he would be able to zoom in on the damage and view it in greater detail. In summary, our experience indicates that as customers and partners are provided with high-quality support and education, they will become more capable of articulating increasingly complex needs for data mining and intelligent systems. The future of online remarketing systems lies in meeting these needs as soon as they arise (if not before), using the capabilities provided by maturing technologies. As consignors become more comfortable with technology, they will hone their own requirements for doing business online, thereby necessitating system modifications to meet those demands. Auction Broadcasting Company (ABC) is a true believer in leveraging cutting-edge technology to enhance the auction experience. Since day one, ABC has used the Internet to broadcast live sales to participants across the country. But what is next? How will companies like ABC stay in front of the technological curve? ABC does not foresee the introduction of radical new technologies driving the next generation of systems. Instead, we believe that dealer acceptance, technology maturation, and the continuing refinement of existing technologies will have the most immediate impact on online remarketing systems. As our customers become more comfortable with technology, they will hone their own requirements for doing business online, thereby necessitating system modifications to meet those demands. In order to prepare for these developments, ABC has worked with its strategic partners and listened to its customer
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