Forecasting Models
Trends
Role of Data Stewardship in Governance
Data Analysis for Enhancing Business Intelligence
Making Data-Driven Investments for Growth
Leveraging Big Data
Leveraging AI Technologies
Analytics for Operational Efficiency
Support Continuous Improvement 
Predictive Analytics Uses statistical
models and machine learning techniques to forecast future outcomes
...Demand
forecasting, risk assessment
...
Trends 
Cost Efficiency: Reduced infrastructure costs and pay-as-you-go
models ...Predictive and Prescriptive Analytics While predictive analytics focuses on
forecasting future trends, prescriptive analytics goes a step further by recommending actions based on those forecasts
...
Role of Data Stewardship in Governance 
Improved Predictive Analytics: High-quality data enhances the accuracy of predictive
models, leading to better
forecasting and planning
...
Data Analysis for Enhancing Business Intelligence 
Predictive Analysis Uses statistical
models to forecast future outcomes based on historical data
...Sales
forecasting, risk management
...
Making Data-Driven Investments for Growth 
Predictive Analytics Uses statistical
models and machine learning techniques to forecast future outcomes
...Market trend predictions, customer churn
forecasting ...
Leveraging Big Data 
Predictive Analytics Uses statistical
models and machine learning techniques to forecast future outcomes
...Risk assessment, sales
forecasting ...
Leveraging AI Technologies 
Predictive Analytics:
Forecasting future trends based on historical data
...advantages, businesses face several challenges when implementing AI technologies: Data Quality: The effectiveness of AI
models heavily relies on the quality of data
...
Analytics for Operational Efficiency 
Root cause analysis, variance analysis Predictive Analytics Uses statistical
models to forecast future trends
...Demand
forecasting, risk assessment Prescriptive Analytics Recommends actions based on data analysis
...
The Role of Machine Learning in Business Innovation 
maintenance, quality control, supply chain optimization Transportation Route optimization, demand
forecasting, autonomous vehicles 4
...learning in business innovation comes with several challenges: Data Quality: The effectiveness of machine learning
models relies heavily on the quality of data
...
Statistical Procedures 
It is particularly useful for sales
forecasting, inventory management, and financial analysis
...Overfitting: Creating overly complex
models that do not generalize well to new data can lead to misleading conclusions
...
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" ...