Data Management Technologies
Statistical Analysis for Economic Trends
Insights Application
Principles
Enabling Predictive Insights in Marketing
Control
Leveraging Analytics for Sales Performance
Predictive Trends
Digital Strategy 
Digital Strategy refers to the use of digital
technologies and
data to enhance business performance, improve customer experience, and achieve organizational goals
...Project
Management, Resource Allocation 4
...
Analytics Execution 
Analytics execution refers to the systematic process of implementing
data analysis techniques to derive actionable insights that can drive business strategies and decisions
...Risk
Management: Analytics execution aids in identifying potential risks and developing strategies to mitigate them
...Utilize Advanced Analytical Tools: Leverage modern analytics tools and
technologies to enhance analysis capabilities
...
Statistical Analysis for Economic Trends 
By employing various statistical methods, businesses can analyze
data related to economic indicators, consumer behavior, and market dynamics
...Risk
Management: By analyzing historical data, businesses can better assess risks and uncertainties
...As the field continues to evolve, embracing new
technologies and methodologies will be key to staying ahead
...
Insights Application 
Application refers to a suite of tools and methodologies used in the field of business analytics to extract actionable insights from
data ...Risk
Management: Predictive analytics can identify potential risks, allowing for proactive measures
...Change Management: Employees may resist adopting new
technologies and processes
...
Principles 
The term "Principles" in the context of business, business analytics, and
data governance refers to the foundational concepts and guidelines that drive decision-making, strategy formulation, and operational execution within organizations
...Accountability Establishing clear roles and responsibilities for data
management ...Resistance to Change: Employees may be reluctant to adopt new processes or
technologies ...
Enabling Predictive Insights in Marketing 
Predictive insights in marketing refer to the use of
data analysis and modeling techniques to forecast future customer behaviors, preferences, and trends
...Tools and
Technologies for Predictive Analytics Several tools and technologies are available to assist marketers in implementing predictive analytics: Tool/Technology Description Google Analytics A web
...SAS A software suite used for advanced analytics, business intelligence, and data
management ...
Control 
Control is an essential component of effective
management and plays a crucial role in prescriptive analytics, which focuses on recommending actions based on predictive analytics and optimization techniques
...Analytics Control is a fundamental aspect of prescriptive analytics, which aims to provide actionable recommendations based on
data analysis
...Resistance to Change: Employees may resist new control processes or
technologies, leading to implementation challenges
...
Leveraging Analytics for Sales Performance 
The integration of
data analytics within sales operations facilitates a deeper understanding of customer behavior, market trends, and overall business performance
...It involves the use of statistical methods and
technologies to evaluate sales data, enabling organizations to make informed decisions
...Improved Forecasting: Analytics provides accurate sales forecasts, enabling better inventory
management and resource allocation
...
Predictive Trends 
By utilizing statistical algorithms and machine learning techniques, organizations can analyze current and historical
data to make informed decisions and strategize for the future
...Risk
Management Identifying potential risks and mitigating them before they escalate
...Artificial Intelligence and Machine Learning As AI and machine learning
technologies advance, predictive analytics will become more sophisticated, leading to more accurate predictions
...
Data Methodologies 
Data methodologies refer to the structured approaches and techniques used in data analysis, data mining, and business analytics to extract insights, make predictions, and support decision-making processes
...Common applications include: Supply Chain Optimization Resource Allocation Risk
Management Exploratory Data Analysis (EDA) Exploratory Data Analysis is an approach to analyzing data sets to summarize their main characteristics, often using visual methods
...Consider Resource Availability: Evaluate the tools,
technologies, and expertise available within the organization
...
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 ...