Financial Forecasting
Analyzing Data for Business Insights
Strategic Decisions
Enhancing Strategies with Predictive Insights
Using Data to Drive Strategy
Importance of Visual Data Interpretation
Data Mining in the Age of Big Data
Data Mining Techniques for Performance Metrics
Data Analysis Techniques 
Applications Predictive analysis is commonly used in: Sales
forecasting Risk assessment Customer behavior prediction Advantages Enhances decision-making with data-driven forecasts
...Applications Prescriptive analysis is utilized in: Supply chain management
Financial planning Marketing strategy formulation Advantages Enables proactive decision-making
...
Analyzing Data for Business Insights 
Sales reports,
financial statements, customer demographics
...Sales
forecasting, risk assessment, customer churn prediction
...
Strategic Decisions 
Organizational Resources The availability of
financial, human, and technological resources that can be leveraged for strategic initiatives
...Uncertainty and Risk: The unpredictable nature of markets can complicate
forecasting and increase the risk associated with decisions
...
Enhancing Strategies with Predictive Insights 
Finance
Financial institutions utilize predictive models for credit scoring, fraud detection, and risk management
...Manufacturing Manufacturers apply predictive analytics for predictive maintenance, supply chain optimization, and demand
forecasting ...
Using Data to Drive Strategy 
Forecasting sales and customer behavior
...Case Study 2:
Financial Services A major bank utilized data mining techniques to enhance its customer segmentation
...
Importance of Visual Data Interpretation 
Finance: Monitoring
financial metrics and trends using graphs and charts
...Sales: Tracking sales performance and
forecasting future sales through visual analysis
...
Data Mining in the Age of Big Data 
Sales
forecasting, real estate pricing
...Risk Management:
Financial institutions use data mining techniques to assess credit risk and detect fraudulent activities
...
Data Mining Techniques for Performance Metrics 
help businesses evaluate their success in achieving objectives and can be categorized into various types, including:
Financial Metrics: Profit margins, revenue growth, return on investment (ROI) Operational Metrics: Efficiency ratios, production rates, cycle times Customer Metrics: Customer
...It is valuable for
forecasting future performance based on historical trends
...
Data Mining Techniques for Visual Analysis 
Sales
forecasting based on historical data
...Fraud detection in
financial transactions
...
Algorithms 
Risk Assessment: Algorithms evaluate potential risks in
financial transactions, helping businesses mitigate losses and enhance security
...Sales
Forecasting: Algorithms predict future sales trends based on historical data, assisting businesses in inventory management and resource allocation
...
Selbstständig mit einem Selbstläufer 
Der Weg in die Selbständigkeit beginnt mit einer Geschäftsidee und nicht mit der Gründung eines Unternehmens. Ein gute Geschäftsidee mit innovationen und weiteren positiven Eigenschaften wird zum "Geschäftidee Selbstläufer" ...