Sales Management
Analysis
Data Analysis
Analytical Tools
Understanding Big Data Ecosystem
Using Data to Drive Predictions
Research
Data Mining Techniques for Financial Modeling
Data Mining for Competitive Strategies 
Some of the most notable applications include: Customer Relationship
Management (CRM) Market Basket Analysis Fraud Detection Customer Segmentation Supply Chain Management Key Techniques in Data Mining Data mining employs various techniques to analyze data
...market basket analysis, which helps them understand purchasing patterns and optimize product placements, leading to increased
sales ...
Essentials 
Predicting
sales based on advertising spend
...2 Finance In finance, machine learning is employed for credit scoring, fraud detection, and risk
management ...
Analysis 
Common applications include:
Sales forecasting Risk assessment Customer segmentation Prescriptive Analysis Prescriptive analysis recommends actions based on data insights
...It focuses on operational metrics, performance
management, and data-driven decision-making
...
Data Analysis 
SAS A software suite used for advanced analytics, business intelligence, and data
management ...Retail - For inventory management and
sales forecasting
...
Analytical Tools 
SAS A comprehensive software suite used for advanced analytics, business intelligence, and data
management ...Marketing: Predictive analytics tools are used to identify customer segments, optimize marketing campaigns, and forecast
sales ...
Understanding Big Data Ecosystem 
Examples include customer records,
sales transactions, and inventory data
...Real-time web applications, content
management, and social networks
...
Using Data to Drive Predictions 
Sales forecasting, risk assessment Time Series Analysis Analyzing data points collected or recorded at specific time intervals
...SAS - A software suite used for advanced analytics, business intelligence, and data
management ...
Research 
Descriptive analytics answers questions such as: What were our
sales figures last quarter? How many customers visited our website last month? What are the most common reasons for customer complaints? Importance of Research in Descriptive Analytics Research plays a vital role in descriptive
...By examining historical sales data, they identified peak shopping times and popular products, leading to improved inventory
management and targeted marketing campaigns
...
Data Mining Techniques for Financial Modeling 
Identifying patterns in consumer behavior and
sales data
...Algorithmic trading and risk
management ...
Using Reinforcement Learning in Business 
Some notable applications include: Supply Chain
Management Inventory Optimization Demand Forecasting Finance Algorithmic Trading Risk Management Marketing Personalized Recommendations
...Amazon Amazon employs RL for product recommendation systems, enhancing user experience and increasing
sales ...
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" ...