Which concept involves the analysis of data to find trends and patterns?

The concept that involves the analysis of data to find trends and patterns is data mining. This process employs various techniques from statistics and machine learning to uncover hidden insights from large sets of data. By analyzing this data, organizations can identify patterns that inform decision-making, enhance understanding of customer behavior, and improve business strategies.

Data mining goes beyond merely storing or managing data; it actively seeks to extract valuable information from it. This distinguishes it from other concepts like data compression, which focuses on reducing the size of data files without analyzing their content, or data warehousing, which is primarily concerned with storing and organizing large amounts of data for easy access and analysis. Data management, while critical in ensuring the accuracy and accessibility of data, does not specifically focus on uncovering trends and patterns.