International Journal of Information Technology and Business
Vol. 7 No. 2 (2025): April : International Journal of Information Techonology and Business

Classification of Investment Opportunities in Semarang City Using the K-Nearest Neighbor Data Mining Method

Bernadus Very Christioko (Unknown)
Daru, April Firman (Unknown)
Dyan Sinung Prabowo (Unknown)
Alaudin Maulana Hirzan (Unknown)



Article Info

Publish Date
30 Apr 2025

Abstract

Investment is an activity undertaken to allocate funds with the expectation of generating future returns. In a dynamic economic environment, identifying profitable investment opportunities can be a complex task. This study aims to determine potential investment opportunities in Semarang City using a classification method that facilitates business actors or investors in selecting appropriate business sectors. The study utilizes valid data to help investors make informed decisions when establishing a business in the region. Data collection was conducted through research at the Investment and One-Stop Integrated Services Agency (DPMPTSP) of Semarang City, employing a quantitative approach with the K-Nearest Neighbor (K-NN) method. The dataset was divided into training and testing sets with an 80:20 ratio. The experimental results show that the implementation of the K-NN algorithm, conducted using Google Colab, achieved an accuracy of 86% based on 60 testing data points. This demonstrates that the K-NN classification algorithm is effective and produces accurate predictions. Therefore, applying data mining classification techniques to identify investment opportunities can serve as a viable solution to support strategic decision-making for investors.their business development strategies with sector-specific prospects in Semarang City.

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Journal Info

Abbrev

ijiteb

Publisher

Subject

Computer Science & IT

Description

Information Technology Management Information System E-commerce Computational Intelligence Information Infrastructure Cyberspace Enterprise Resource Model Business Intelligence Diffusion and Future IT Network Management IoT ...