Customer Engagement Score
Aligning BI Strategies with Business Goals
Identifying Key Performance Indicators with Data
Key Performance Indicators Evaluation
Evaluate Operational Performance Indicators
Data Visualization Success Stories
Analyze Performance Metrics
Analyzing User Metrics
Best Practices for Predictive Insights 
Table 1: Common Data Sources Data Source Description CRM Systems
Customer relationship management systems provide data on customer interactions and sales
...Social Media Social media platforms can provide valuable customer sentiment and
engagement data
...Performance Metrics: Assess the model using metrics such as accuracy, precision, recall, and F1
score ...
Aligning BI Strategies with Business Goals 
Improve stakeholder
engagement through transparent reporting
...These may include increasing revenue, improving
customer satisfaction, or enhancing operational efficiency
...Increase Revenue Customer Satisfaction
Score Measure of customer satisfaction through surveys
...
Identifying Key Performance Indicators with Data 
Sales Revenue, Number of New
Customers Qualitative KPIs Non-numerical measurements that provide insights into quality or customer satisfaction
...Customer Satisfaction
Score, Brand Awareness Leading KPIs Predictive measures that indicate future performance
...Number of Leads Generated, Marketing
Engagement Rates Lagging KPIs Reflective measures that show past performance
...
Key Performance Indicators Evaluation 
Revenue Growth Rate,
Customer Acquisition Cost Qualitative KPIs Subjective measures that are not easily quantifiable
...Customer Satisfaction
Score, Employee
Engagement Level Leading KPIs Indicators that predict future performance
...
Evaluate Operational Performance Indicators 
Customer Indicators: Metrics that focus on customer satisfaction and
engagement, such as Net Promoter
Score (NPS) and customer retention rates
...
Data Visualization Success Stories 
Average Patient Wait Time 45 minutes 20 minutes Patient Satisfaction
Score 75% 90% Finance The finance industry relies heavily on data visualization to analyze market trends and make investment decisions
...Retailers can analyze sales data,
customer demographics, and purchasing patterns through visual tools
...Marketing Data visualization has transformed the marketing landscape by providing insights into campaign performance and customer
engagement ...
Analyze Performance Metrics 
Analyzing User Metrics 
Indicates the product's reach and user
engagement level
...Customer Lifetime Value (CLV) The total revenue a business can expect from a single customer over their lifetime
...Net Promoter
Score (NPS) A measure of customer loyalty and satisfaction based on their likelihood to recommend a product
...
Understanding Predictive Accuracy 
measure is vital for businesses that rely on data-driven decision-making to enhance performance, optimize processes, and improve
customer satisfaction
...Customer Relationship Management: Understanding customer preferences and behaviors can enhance
engagement and loyalty
...F1
Score The harmonic mean of precision and recall
...
Crafting Effective Predictive Analytics Strategies 
predictive analytics strategies is crucial for organizations aiming to enhance decision-making, optimize operations, and improve
customer experiences
...Model Evaluation: Assessing the model's performance using metrics such as accuracy, precision, recall, and F1
score ...Netflix Entertainment Improved content recommendation algorithms, boosting viewer
engagement ...
Die FranchiseCHECK Franchiseportale
FranchiseCHECK.(*) by Nexodon GmbH bietet Franchiseportale in für verschiedene Länder. Aktuelle Web-Präsenzen sind das Franchiseportal in Deutschland sowie das Portal für Franchise in Österereich ...