Data Sources
Strategies for Leveraging Text Analytics
Leverage Analytics for Growth
Critical Insights
Outputs
Implementing Continuous Improvement through Data
Deliverables
Dynamic Pricing
Data Mining for Customer Insights 
Data mining for customer insights is a critical discipline within the broader field of business analytics
...Integration of Data
Sources: Organizations often have data stored in various formats and systems, making it difficult to consolidate and analyze
...
Impact 
This is particularly relevant in the field of business analytics and
data visualization, where the ability to analyze and present data effectively can lead to transformative outcomes for businesses
...Integration Issues: Combining data from various
sources can be technically challenging
...
Key Considerations for Effective Visualization 
Effective
data visualization is a crucial aspect of business analytics that helps stakeholders make informed decisions
...Power BI: A Microsoft tool that integrates with various data
sources for robust reporting
...
Strategies for Leveraging Text Analytics 
It involves the use of various techniques to convert unstructured text into structured
data that can be analyzed for insights
...Key steps include: Data
Sources: Identify relevant data sources such as social media, customer feedback, emails, and forums
...
Leverage Analytics for Growth 
Business analytics encompasses a variety of techniques and tools that help businesses analyze
data and generate actionable insights
...Key Components of Prescriptive Analytics Data Collection: Gathering relevant data from various
sources, including internal systems and external market data
...
Critical Insights 
Critical insights refer to the valuable information derived from
data analysis that can significantly influence business decisions and strategies
...Data Silos: Isolated data
sources can limit the ability to gain comprehensive insights across an organization
...
Outputs 
outputs can take many forms, including reports, visualizations, and actionable insights derived from the analysis of textual
data ...The following outlines the typical workflow: Data Collection: Gather textual data from various
sources such as social media, customer feedback, and internal documents
...
Implementing Continuous Improvement through Data 
In the modern business landscape, leveraging
data analytics has become essential for organizations aiming to implement continuous improvement effectively
...Collect Relevant Data Gather data from various
sources, including internal systems, customer feedback, and market research
...
Deliverables 
In the context of business analytics and
data mining, deliverables refer to the tangible or intangible products or outcomes that are produced as a result of a project or process
...Project Charter, Scope Document Data Collection Data Inventory, Data
Sources List Data Preparation Data Cleaning Report, Processed Data Set Modeling Statistical
...
Dynamic Pricing 
Overview Dynamic pricing leverages
data analytics and machine learning algorithms to analyze factors such as customer behavior, competitor pricing, and market trends
...Key Components of Dynamic Pricing Data Collection: Gathering data from various
sources, including customer interactions, sales history, and market trends
...
Selbstständig machen z.B. nebenberuflich!
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...