Public Finance
Applications
Data Mining for Risk Assessment
Information Visualization
Data Analysis for Risk Management
Trends Analysis for Business Growth
Text Analytics
Understanding Predictive Analytics Framework
Applications 
Fraud Detection Data mining techniques are extensively used in fraud detection across various industries, including
finance and insurance
...Businesses use sentiment analysis to gauge
public perception and improve brand reputation
...
Data Mining for Risk Assessment 
Data Collection: Gathering relevant data from various sources, including internal databases, third-party providers, and
public records
...Identifying high-risk customers in
finance ...
Information Visualization 
Finance: Financial analysts use visualizations to track market trends, analyze risks, and present data to stakeholders
...Government:
Public agencies utilize visualizations to communicate statistics and performance metrics to citizens
...
Data Analysis for Risk Management 
This practice is integral to effective decision-making and strategic planning in various sectors, including
finance, healthcare, manufacturing, and information technology
...Identifying emerging risks from
public sentiment
...
Trends Analysis for Business Growth 
It is particularly valuable in sectors such as retail,
finance, and technology, where understanding consumer behavior and market dynamics is essential for success
...Sentiment Analysis Analyzes customer feedback and opinions to gauge
public sentiment
...
Text Analytics (K) 
Sentiment Analysis: A technique used to determine the emotional tone behind a series of words, often used to gauge
public opinion
...Finance Monitoring news articles and social media for market sentiment and risk assessment
...
Understanding Predictive Analytics Framework 
External Data Sources: Market research reports, social media,
public datasets, and third-party data providers
...Finance Credit scoring, risk assessment, and fraud detection
...
Building Predictive Models with Data Analysis 
Public Datasets Open data available from government or research institutions
...Risk Management: Assessing potential risks in
finance and insurance sectors
...
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" ...