Transactional Systems
Analyzing Operational Data with BI
Records
Understanding Consumer Behavior with Predictions
Big Data
Key Components of Data Analysis Frameworks
Data Enrichment
Best Practices in Predictive Analytics
Data Process 
This can include: Surveys and Questionnaires
Transactional Data from Sales
Systems Social Media Interactions Website Analytics Third-party Data Providers Effective data collection methods ensure that the data is accurate, relevant, and sufficient for further analysis
...
Evaluating Operational Data 
Type of Data Description Examples
Transactional Data Data generated from transactions conducted by the business
...Data Silos: Information may be stored in separate
systems, making it difficult to get a comprehensive view of operations
...
Analyzing Operational Data with BI 
It encompasses various types of data, including:
Transactional data Customer data Supply chain data Financial data Employee performance data 2
...data can yield significant benefits, organizations may face several challenges: Data Silos: Data stored in disparate
systems can hinder comprehensive analysis
...
Records 
Below is a list of common types of records used in business:
Transactional Records: Data generated from transactions, such as sales, purchases, and payments
...Technology Integration: Ensuring compatibility between different data management
systems can be complex
...
Understanding Consumer Behavior with Predictions 
Recommendation
systems, image recognition Cluster Analysis A technique used to group a set of objects in such a way that objects in the same group are more similar than those in other groups
...Key data sources include:
Transactional Data: Data generated from customer purchases
...
Big Data (K) 
Transactional Data Data generated from sales transactions, online purchases, and financial records
...Data Warehousing
Systems like Amazon Redshift and Google BigQuery that allow for data storage and analysis
...
Key Components of Data Analysis Frameworks 
Transactional Data: Information generated from business transactions
...Database Management
Systems: SQL databases for data storage and retrieval
...
Data Enrichment 
Transactional Enrichment Enhancing transaction data with additional context
...Integration Complexity: Merging enriched data with existing
systems can be technically challenging
...
Best Practices in Predictive Analytics 
Data Preparation Steps: Data Collection: Gather data from various sources, such as CRM
systems, social media, and
transactional databases
...
Building Data Insights 
Data Collection The process of gathering raw data from various sources, including
transactional systems, surveys, and social media
...
Selbstständig machen mit Ideen 
Der Weg in die Selbständigkeit beginnt nicht mit der Gründung eines Unternehmens, sondern davor - denn: kein Geschäft ohne Geschäftsidee. Eine gute Geschäftsidee fällt nicht immer vom Himmel und dem Gründer vor die auf den Schreibtisch ...