Descriptive Analytics
Information
Enhance Financial Planning
Using Data to Inform Decisions
Utilizing Advanced Analytics for Predictions
Framework
User Analysis
Insights Application
Drive Strategic Business Outcomes 
One of the key components in this process is business
analytics, particularly prescriptive analytics, which guides organizations in determining the best course of action based on data-driven insights
...Business analytics can be categorized into three main types:
Descriptive Analytics: This type focuses on summarizing historical data to understand what has happened in the past
...
Information 
Information is a crucial asset in the field of business
analytics, particularly in predictive analytics
...Types of Information Information can be classified into several types based on its nature and purpose:
Descriptive Information: Provides insights about past events and trends
...
Enhance Financial Planning 
Enhancing financial planning is a critical aspect of business
analytics, particularly within the realm of prescriptive analytics
...The main types of business analytics include:
Descriptive Analytics Diagnostic Analytics Prescriptive Analytics Prescriptive Analytics in Financial Planning Prescriptive analytics is a subset of business analytics that provides recommendations for actions based on data analysis
...
Using Data to Inform Decisions 
Sales figures, revenue, website traffic Qualitative Data
Descriptive data that provides insights into opinions and behaviors
...Techniques To effectively use data for decision-making, various analysis techniques can be employed: Descriptive
Analytics: This technique summarizes historical data to identify trends and patterns
...
Utilizing Advanced Analytics for Predictions 
Advanced
analytics refers to the extensive use of data, statistical and quantitative analysis, and predictive modeling to gain insights and make informed decisions in various business contexts
...Descriptive Analytics: Analysis that focuses on understanding historical data to identify trends and patterns
...
Framework 
A framework in the context of business
analytics and predictive analytics refers to a structured approach that organizations utilize to analyze data, derive insights, and make informed decisions
...Type Description Use Cases
Descriptive Frameworks Focus on summarizing historical data to understand trends and patterns
...
User Analysis 
User analysis is a critical component of business
analytics that focuses on understanding user behavior, preferences, and demographics
...This article explores the methodologies, tools, and importance of user analysis in the context of
descriptive analytics
...
Insights Application 
The term Insights Application refers to a suite of tools and methodologies used in the field of business
analytics to extract actionable insights from data
...Type Description Example Tools
Descriptive Analytics Analyzes historical data to understand what happened in the past
...
Customer Analytics 
Customer
Analytics is a branch of business analytics that focuses on analyzing customer data to enhance business decisions and strategies
...of Customer Analytics Customer analytics can be categorized into several types, each serving a specific purpose:
Descriptive Analytics: This type focuses on summarizing historical data to understand what has happened in the past
...
Data Analysis Techniques 
Data analysis techniques are essential tools in the field of business
analytics ...The primary categories include:
Descriptive Analysis Diagnostic Analysis Predictive Analysis Prescriptive Analysis Inferential Statistics 1
...
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 ...