Financial Metrics
Data Mining Techniques
Evaluation
Performance Indicators
Performance Analytics
Parameters
Data Mining Applications
Data Analysis
Understanding Business Performance Through Data 
It encompasses various
metrics and key performance indicators (KPIs) that provide insights into how well an organization is achieving its objectives
...include: Data Collection: Gathering relevant data from various sources, including sales records, customer feedback, and
financial statements
...
Data Mining Techniques 
It is beneficial for generating reports that summarize key
metrics and trends
...Businesses use regression analysis to forecast sales,
financial trends, and other continuous metrics
...
Evaluation 
Definition of Evaluation Evaluation in business analytics involves the collection and analysis of data to assess performance
metrics, identify trends, and derive insights that can guide strategic decisions
...Common KPIs include: Category KPI Description
Financial Revenue Growth Rate Measures the rate of increase in revenue over a specified period
...
Performance Indicators 
Category Description Examples
Financial KPIs Measure the financial performance of an organization
...Overemphasis on
Metrics: Focusing too heavily on performance indicators can lead to neglecting qualitative factors that are equally important
...
Performance Analytics 
It encompasses a range of methodologies and tools designed to assess performance
metrics, helping organizations make data-driven decisions to enhance efficiency and effectiveness
...essential to the practice of Performance Analytics: Data Collection: Gathering relevant data from various sources such as
financial reports, customer feedback, and operational metrics
...
Parameters 
For instance, the interest rate in a
financial model may be considered a fixed parameter
...Relationship Management (CRM) Parameters such as customer satisfaction scores, net promoter scores (NPS), and engagement
metrics are essential for understanding customer behavior and enhancing relationships
...
Data Mining Applications 
Credit Scoring:
Financial institutions use data mining to assess the creditworthiness of loan applicants
...Supplier Selection: Data mining helps in evaluating suppliers based on performance
metrics ...
Data Analysis (K) 
Sales reports, performance
metrics ...Basic data analysis,
financial modeling
...
Data Sources 
Financial Data Data related to the financial performance of a business, including income statements, balance sheets, and cash flow statements
...Operational Data Data related to the day-to-day operations of a business, including supply chain
metrics and production data
...
Validation 
Risk Mitigation: Reduces the risk of errors that could lead to
financial loss or reputational damage
...Performance
Metrics: Utilizing metrics such as accuracy, precision, recall, and F1 score to measure model effectiveness
...
Eine Geschäftsidee ohne Eigenkaptial 
Wenn ohne Eigenkapital eine Geschäftsidee gestartet wird, ist die Planung besonders wichtig. Unter Eigenkapital zum Selbstständig machen versteht man die finanziellen Mittel zur Unternehmensgründung. Wie macht man sich selbstständig ohne den Einsatz von Eigenkapital? Der Schritt in die Selbstständigkeit sollte wohlüberlegt sein ...