Descriptive Models
Streamline Business Processes with Analytics
Analytics Strategy
Data Utilization
Enabling Efficient Project Management Using Data
Trends in Consumer Preferences
Supporting Corporate Strategy with Analytics
Driving Growth through Analysis
Transforming Data into Actionable Insights 
business analytics include: Type of Analytics Description Key Techniques
Descriptive Analytics Analyzes historical data to understand what has happened in the past
...Data Mining, Reporting, Dashboards Predictive Analytics Uses statistical
models and machine learning techniques to predict future outcomes
...
Streamline Business Processes with Analytics 
Type of Analytics Description Key Benefits
Descriptive Analytics Analyzes historical data to understand what has happened in the past
...Predictive Analytics Uses statistical
models and machine learning techniques to forecast future outcomes based on historical data
...
Analytics Strategy 
Types of Analytics There are several types of analytics that organizations can employ as part of their strategy:
Descriptive Analytics: Focuses on summarizing historical data to understand what has happened in the past
...Predictive Analytics: Uses statistical
models and machine learning techniques to forecast future outcomes based on historical data
...
Data Utilization 
Descriptive Analytics Descriptive analytics involves summarizing historical data to understand trends and patterns
...Predictive Analytics Predictive analytics uses statistical
models and machine learning techniques to forecast future outcomes based on historical data
...
Enabling Efficient Project Management Using Data 
Predictive Data: Predictive analytics
models can forecast potential risks and outcomes based on historical data trends
...Types of Analytics in Project Management Project management can benefit from three main types of analytics:
Descriptive Analytics: This type analyzes historical data to understand what has happened in past projects
...
Trends in Consumer Preferences 
As businesses strive to meet the changing demands of consumers, it is essential to analyze these trends through
descriptive analytics
...This trend has led to the rise of on-demand services and subscription
models ...
Supporting Corporate Strategy with Analytics 
The Role of Analytics in Corporate Strategy Analytics can be categorized into three main types:
Descriptive Analytics Diagnostic Analytics Prescriptive Analytics Each type of analytics serves a unique purpose and can significantly impact corporate strategy:
...It goes beyond merely analyzing data; it provides actionable insights and recommendations based on predictive
models and optimization techniques
...
Driving Growth through Analysis 
business analytics to drive growth: Methodology Description Applications
Descriptive Analytics Analyzes historical data to identify trends and patterns
...Predictive Analytics Uses statistical
models and machine learning techniques to forecast future outcomes
...
Sales Analysis 
Descriptive Analytics Descriptive analytics focuses on summarizing historical sales data to understand what has happened in the past
...This can involve: Time series analysis Machine learning
models Predictive modeling 4
...
Utilizing Insights for Success 
Business analytics can be categorized into three main types:
Descriptive Analytics: This type focuses on summarizing historical data to identify trends and patterns
...Predictive Analytics: This type uses statistical
models and machine learning techniques to forecast future outcomes based on historical data
...
Selbstständig mit einem Selbstläufer 
Der Weg in die Selbständigkeit beginnt mit einer Geschäftsidee und nicht mit der Gründung eines Unternehmens. Ein gute Geschäftsidee mit innovationen und weiteren positiven Eigenschaften wird zum "Geschäftidee Selbstläufer" ...