A computerized system for augmenting data from a source database with data
from a reference database to generate an augmented database that can be
used for predictive modeling is disclosed. The present invention includes
a method for using the Internet to obtain information, including, reading
a data record stored in a field of data, searching a database for
information describing the data record, condensing the information
describing the data record into a value description, associating the
value description with the data record, and augmenting the field of data
with the value description associated with the data. The present
invention also includes a computerized system for augmenting data from a
source database with data from a reference database to generate an
augmented database that can be used for predictive modeling and data
mining to conduct searches of data in the augmented database.