Financial Forecasting
Growth
How Data Analysis Improves Business Performance
Predictive Analytics and Business Transformation
Descriptive Analytics
Business Outcomes
Growth
Data Mining Techniques for Real-time Analysis
The Business Value of Data Analysis 
Supply Chain Management: Data analysis enhances supply chain efficiency through better demand
forecasting ...Sales reports,
financial statements Diagnostic Analysis Explains why certain events occurred
...
Growth 
Forecasting: Predicting future trends and performance based on historical data
...Resource Constraints: Limited
financial or human resources can hinder growth initiatives
...
How Data Analysis Improves Business Performance 
analysis in finance can: Improve budgeting and
forecasting accuracy Identify cost-saving opportunities Enhance
financial reporting and compliance 4
...
Predictive Analytics and Business Transformation 
Sales Sales
Forecasting Improved inventory management and resource allocation
...Finance Risk Assessment Better
financial planning and risk management
...
Descriptive Analytics (K) 
Forecasting future sales based on historical data
...Finance: Monitoring
financial performance and identifying cost-saving opportunities
...
Business Outcomes 
Business outcomes can be categorized into several types, each reflecting different aspects of business performance:
Financial Outcomes Revenue Growth Profit Margins Return on Investment (ROI) Operational Outcomes Efficiency Metrics Cost Reduction
...Here are some key applications: Sales
Forecasting: Predictive models can help businesses forecast sales and adjust strategies accordingly
...
Growth 
Predictive Analytics in Growth Predictive analytics plays a crucial role in understanding and
forecasting growth
...Resource Constraints: Limited
financial or human resources can hinder growth initiatives
...
Data Mining Techniques for Real-time Analysis 
Stock price
forecasting, sales prediction
...Finance:
Financial institutions apply data mining for fraud detection and risk management
...
Quantitative Analysis 
Application Finance Portfolio management, risk assessment, and pricing of
financial derivatives
...Economics Economic modeling, policy analysis, and
forecasting economic indicators
...
Automating Decisions with Predictive Analytics 
Sales
Forecasting sales trends based on historical data
...Reduced
financial losses and enhanced decision-making
...
Nebenberuflich selbstständig 
Nebenberuflich selbständig ist, wer sich neben seinem Hauptjob im Anstellungsverhältnis eine selbständige Nebentigkeit begründet.