Sales Management
Exploration
Document Analysis
Textual Insights for Business
Data Mining and Business Intelligence
Using Data to Inform Decisions
Evaluate Market Opportunities
Using Predictive Analytics for Innovation
Data Sources 
Transaction Records: Data generated from
sales, purchases, and other business transactions
...Risk
Management: Data sources provide insights that can help identify potential risks and inform mitigation strategies
...
Best Practices for Predictive Insights 
CRM Systems Customer relationship
management systems provide data on customer interactions and
sales ...
Exploration 
Risk
Management: Understanding data patterns can assist in identifying potential risks and mitigating them effectively
...Market research,
sales analysis Data Visualization Involves creating visual representations of data to identify patterns and trends
...
Document Analysis 
Compliance and Risk
Management: Ensures adherence to regulations by analyzing documentation
...Survey results,
sales reports Comparative Analysis Compares different documents to identify similarities and differences
...
Textual Insights for Business 
Risk
Management Identifying potential risks through analysis of news articles and reports
...sales data) will provide a more comprehensive view of business performance
...
Data Mining and Business Intelligence 
Forecasts
sales and revenue trends
...Used for financial forecasting and inventory
management ...
Using Data to Inform Decisions 
Risk
Management: Analyzing data helps in identifying potential risks and mitigating them effectively
...Sales figures, revenue, website traffic Qualitative Data Descriptive data that provides insights into opinions and behaviors
...
Evaluate Market Opportunities 
Risk
Management: Identifies potential risks associated with entering new markets
...Businesses can utilize various data sources, including: Customer feedback and surveys
Sales data and performance metrics Market research reports Social media analytics Advanced analytics techniques, such as predictive modeling and machine learning, can also be employed to forecast
...
Using Predictive Analytics for Innovation 
Risk
Management: Organizations can identify potential risks and implement strategies to mitigate them before they escalate
...Amazon E-commerce Personalized recommendations leading to increased
sales Netflix Entertainment Content recommendation algorithms enhancing user engagement Ford Automotive
...
Business Intelligence Techniques 
Applications of Data Mining Customer segmentation Market basket analysis Fraud detection Risk
management 2
...Applications of Predictive Analysis
Sales forecasting Customer churn prediction Risk assessment 6
...
Mit guten Ideen nebenberuflich selbstständig machen
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...