Financial Allocation
Streamlining Business Processes Using Analytics
Using Data to Drive Predictions
Awareness
Statistical Analysis for Sales Forecasting
Utilizing Predictive Models
Capability
Funding Wildlife Research
Data Analysis for Business Resilience 
Resource
Allocation: Data analytics enables organizations to allocate resources more effectively, ensuring that critical areas are prioritized during times of crisis
...Case Study 2:
Financial Services A financial institution utilized diagnostic analysis to identify the root causes of customer churn
...
Streamlining Business Processes Using Analytics 
Optimizing resource
allocation and process improvements
...rates for slow-moving products Increased sales by 15% through better product placement and promotions Case Study 3:
Financial Services Firm A financial services firm adopted prescriptive analytics to enhance its customer service processes
...
Using Data to Drive Predictions 
Finance In the
financial sector, predictive analytics is used for risk assessment, fraud detection, and credit scoring
...Healthcare In healthcare, predictive analytics is used for patient outcome predictions, disease outbreak forecasting, and resource
allocation ...
Awareness 
Resource Optimization: Awareness helps in the efficient
allocation of resources by identifying areas that require more attention or investment
...Case Study 3:
Financial Services A financial institution invested in data literacy training for its employees
...
Statistical Analysis for Sales Forecasting 
Accurate sales forecasts are essential for effective business planning, resource
allocation, and
financial management
...
Utilizing Predictive Models 
Sales forecasting,
financial predictions Logistic Regression A statistical method used for binary classification problems
...Healthcare: Predictive analytics can be used for patient diagnosis, treatment outcome predictions, and resource
allocation ...
Capability 
Increase Operational Efficiency: Streamlined processes and optimized resource
allocation can reduce costs and improve productivity
...Case Study 3:
Financial Services A financial institution adopted prescriptive analytics to enhance risk management
...
Funding Wildlife Research 
species, enabling conservationists to assess the success of conservation programs and make informed decisions about resource
allocation ...researchers and conservationists to diversify their funding sources and build partnerships with stakeholders to ensure long-term
financial support for wildlife research
...
Visualizing Historical Trends 
Resource
Allocation: Understanding past trends aids in optimizing resource distribution for future projects
...Case Study 2:
Financial Performance Tracking A financial services firm used a combination of bar charts and area charts to present quarterly earnings over a decade
...
Improving Business Outcomes with Metrics 
Some common types of performance metrics used in business analytics include
financial metrics (such as revenue, profit margins, and return on investment), operational metrics (such as production efficiency and customer satisfaction), and marketing metrics (such as conversion rates and customer acquisition
...Optimized resource
allocation: By identifying areas of inefficiency or underperformance, metrics help businesses allocate resources more effectively to drive better outcomes
...
Nebenberuflich (nebenbei) selbstständig m. guten Ideen
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 ...