Internal Reports
BI Practices
Understanding Business Intelligence Lifecycle
Input
Communication
Data Analysis for Competitive Market Insights
Trend Reporting
Insights Generation
Creating a Comprehensive Data Analysis Framework 
of several key components: Data Collection: The process of gathering relevant data from various sources, including
internal databases, external datasets, and real-time data streams
...Reporting and Communication: The process of summarizing and sharing analysis results with stakeholders through
reports, presentations, and interactive dashboards
...
Comprehensive Reporting for Business Improvement Strategies strategies for several reasons: Informed Decision-Making: By providing a clear view of performance metrics, comprehensive
reports enable managers to make informed decisions
...Data Collection The process of gathering relevant data from various sources, including
internal databases and external market research
...
BI Practices It involves gathering data from various sources, which can include:
Internal databases External data sources Social media platforms Customer feedback 2
...This can involve: Dashboards Interactive
reports Data storytelling 5
...
Understanding Business Intelligence Lifecycle Reporting Generating
reports that summarize the insights derived from the analysis for decision-making purposes
...It involves gathering data from various
internal and external sources, which may include: Databases Spreadsheets External Data Feeds Surveys Web Scraping Effective data collection ensures that the data used in the BI process is accurate, relevant, and timely
...
Input Sources of Inputs Inputs can be derived from various sources, which can be broadly classified into
internal and external sources: Source Type Description Examples Internal Sources Data generated
...Market research
reports Social media analytics Competitor analysis Importance of Inputs in Prescriptive Analytics In prescriptive analytics, the quality and relevance of inputs play a critical role in the effectiveness
...
Communication Analytics Communication within business analytics can be categorized into several types, each serving a distinct purpose:
Internal Communication: This involves the exchange of information within an organization
...It includes
reports, presentations, and meetings aimed at sharing insights derived from analytics
...
Data Analysis for Competitive Market Insights Google Analytics Market
Reports Utilizing industry reports and studies for comprehensive market insights
...Gartner or IDC reports Sales Data Analyzing
internal sales data to identify trends and customer preferences
...
Trend Reporting Market Understanding: Trend
reports help businesses understand market dynamics, including customer preferences and competitor actions
...for Trend Reporting To create effective trend reports, businesses often rely on various data sources, including:
Internal Databases: Data from sales records, customer relationship management (CRM) systems, and enterprise resource planning (ERP) software
...
Insights Generation It involves gathering relevant data from various sources, which may include:
Internal databases Customer feedback Market research Social media analytics Sales
reports 2
...
Creating a Framework for Business Analytics Component Description Data Collection Gathering relevant data from various sources such as
internal databases, surveys, and external data providers
...Reporting Creating
reports and dashboards to communicate findings to stakeholders
...
Geschäftsiee und Selbstläufer 
Der Weg in die eigene Selbständigkeit beginnt mit einer Geschäftsidee u.zw. vor Gründung des Unternehmens. Ein gute Geschäftsidee mit neuen und weiteren positiven Eigenschaften wird zur
"Geschäftidee u. Selbstläufer" ...
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