Financial Analysis
Governance of Data Security
Forecasting Models
Data Security
Market Segmentation
Evaluating Operational Performance
Using Machine Learning for Competitive Advantage
Opportunities
Risk Management 
It encompasses various strategies and practices aimed at mitigating risks associated with
financial, operational, strategic, and compliance factors
...Techniques for risk identification include: Brainstorming sessions Interviews with stakeholders SWOT
analysis (Strengths, Weaknesses, Opportunities, Threats) Checklists and historical data review 3
...
Corporate Governance Transparency: Providing timely and accurate information regarding the company’s
financial performance and governance practices
...Corporate Governance Prescriptive analytics, a subset of business analytics, provides recommendations for actions based on data
analysis ...
Governance of Data Security Customer information,
financial records Restricted Highly sensitive data that poses a significant risk if exposed
...Impact
Analysis: Assessing the potential consequences of data breaches or security incidents
...
Forecasting Models Retail sales
analysis Causal Models Causal forecasting models assume that the variable being forecasted is affected by other variables
...Financial Planning: Aids in budgeting and forecasting revenue streams
...
Data Security several reasons: Protection of Sensitive Information: Organizations handle sensitive information such as customer data,
financial records, and intellectual property
...Data Masking Obscures specific data within a database so that it can be used for testing or
analysis without exposing sensitive information
...
Market Segmentation Cluster
Analysis: Use statistical methods to group consumers based on similarities in their characteristics
...Finance:
Financial institutions segment clients to develop targeted financial products and services
...
Evaluating Operational Performance Balanced Scorecard: A strategic planning and management system that measures performance from multiple perspectives, including
financial, customer, internal processes, and learning and growth
...Enables comprehensive
analysis and informed decision-making
...
Using Machine Learning for Competitive Advantage Analytics: By predicting future trends based on historical data, organizations can optimize inventory, forecast sales, and improve
financial planning
...Sentiment
Analysis: Businesses can analyze customer feedback and social media interactions to gauge public sentiment about their brand or products
...
Opportunities models can be trained to identify potential risks in various business processes, allowing organizations to: Reduce
financial losses
...Supply Chain Optimization Using data
analysis to improve supply chain efficiency
...
Foster Organizational Change through Data Data-Driven Decision Making Data-driven decision making (DDDM) involves using data
analysis to guide business decisions
...operational,
financial, customer) and establish data collection methods
...
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 ...
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