Descriptive Reports
Strategic Insights
Insights
Activities
Creating Value from Business Analytics
Big Data Technology Trends
Driving Change through Data Analysis
Data Analysis for Strategic Decision-Making
Automated Decision Making Using Analytics 
Type of Analytics Description Example Use Cases
Descriptive Analytics Analyzes historical data to understand past performance
...Sales
reports, customer behavior analysis
...
Strategic Insights Sales records, employee performance metrics, financial
reports External Data Data sourced from outside the organization
...Methods of Data Analysis To convert raw data into strategic insights, various data analysis methods are employed:
Descriptive Analytics: Summarizes historical data to understand trends and patterns
...
Insights Type of Insight Description Example
Descriptive Insights Summarizes past data to understand what has happened
...Sales
reports showing quarterly revenue trends
...
Activities Key components of data exploration include:
Descriptive statistics to summarize data
...It involves presenting the findings in a clear and concise manner, often through
reports or dashboards
...
Creating Value from Business Analytics It is broadly categorized into three types:
Descriptive Analytics: This involves summarizing historical data to understand what has happened in the past
...Visualization: Present the findings in a clear and understandable manner using dashboards and
reports ...
Big Data Technology Trends Democratization: Self-Service Analytics: Tools like Tableau and Power BI empower users to create their own
reports and dashboards
...Types of Advanced Analytics:
Descriptive Analytics: Analyzes historical data to understand what happened
...
Driving Change through Data Analysis Methodology Description Applications
Descriptive Analysis Summarizes historical data to identify trends and patterns
...Sales
reports, customer demographics Diagnostic Analysis Explores data to understand the reasons behind past outcomes
...
Data Analysis for Strategic Decision-Making Type of Analysis Description Use Cases
Descriptive Analysis Summarizes historical data to understand what has happened
...Sales
reports, performance metrics
...
Enhancing Financial Performance through Data types of analytics: Type of Analytics Description Example Use Case
Descriptive Analytics Analyzes historical data to understand past performance
...Monthly sales
reports to identify trends
...
Big Data Analytics for Product Development Methodology Description Application in Product Development
Descriptive Analytics Analyzes historical data to understand what has happened
...Google Analytics: A web analytics service that tracks and
reports website traffic, providing insights into user behavior
...
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Der Start per Franchise beginnt mit der Selektion der richtigen Geschäftsidee unter Berücksichtigung des Könnens und des Eigenkapital, d.h. des passenden Franchise-Unternehmen - für einen persönlich. Eine top Geschäftsidee läuft immer wie von ganz alleine - ob mit oder ohne das eigene Kapitial. Der Franchise-Markt bringt immer wieder Innnovationen - so auch Franchise ohne Eigenkapital...
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