Decision Making Models
Resource Optimization
Data Lake
Data Ownership
AI Applications
Frameworks
Creating Value with Big Data Analytics
Tools
Data Governance for Business 
considered a valuable asset, implementing a robust data governance framework is essential for businesses to make informed
decisions, comply with regulations, and maintain competitive advantage
...Informed Decision-
Making: Facilitates better business decisions based on trustworthy data
...Data Architecture Creating a structured framework for managing data assets, including data
models and storage solutions
...
Data Frameworks 
They provide a centralized repository for data from various sources,
making it easier for organizations to perform analysis and reporting
...Effective visualization is critical for data storytelling and
decision-making
...Machine learning frameworks provide the tools and libraries necessary for building, training, and deploying machine learning
models ...
Understanding Market Dynamics 
Techniques include: Optimization
Models: Mathematical models that find the best solution to a problem
...Decision Trees: A tool for
making decisions based on various factors
...
Resource Optimization 
This concept is particularly relevant in the context of business analytics and prescriptive analytics, where data-driven
decision-
making is essential for organizational success
...Simulation: A technique that
models the operation of a system to evaluate the impact of different resource allocation strategies
...
Data Lake 
data analytics and business analytics, as they allow organizations to harness the power of large datasets for insights and
decision-
making ...Machine Learning: Data lakes provide a rich source of data for training machine learning
models, enabling advanced predictive analytics
...
Data Ownership 
The concept of data ownership is critical as organizations increasingly rely on data-driven
decision-
making processes
...Decentralized Data Ownership: Emerging technologies like blockchain may enable decentralized
models of data ownership, giving individuals more control over their data
...
AI Applications 
AI) has become a pivotal component in the realm of business analytics, enabling organizations to harness data for improved
decision-
making, operational efficiency, and customer engagement
...Data Quality: The effectiveness of AI
models depends on the quality of the input data
...
Frameworks 
the realm of business, frameworks are structured approaches or methodologies that guide organizations in their operations,
decision-
making, and strategic planning
...Machine Learning: Frameworks such as TensorFlow and PyTorch are used to build machine learning
models on big data
...
Creating Value with Big Data Analytics 
This data, often referred to as "big data," can be analyzed to create insights that drive
decision-
making and strategy
...It employs statistical
models and machine learning algorithms to forecast trends and behaviors
...
Tools 
These tools help organizations to analyze data, make informed
decisions, and improve operational efficiency
...Tools Data Visualization Tools Data visualization tools enable organizations to create graphical representations of data,
making it easier to identify trends, patterns, and insights
...Azure Machine Learning A cloud-based platform for building, training, and deploying machine learning
models ...
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 ...