Forecasting Models
Creating Value with Predictive Analytics Techniques
Projections
Predictive Analysis for Risk Management
Analyzing Trends with Predictive Analytics
Predictive Analytics for Decision Making
Data-Driven Strategies for Predictions
Predictive Analytics for Product Development
Results 
This field focuses on providing actionable recommendations based on predictive
models and optimization techniques, enabling organizations to make informed decisions that enhance performance and drive growth
...Understanding Results in Prescriptive Analytics Prescriptive analytics goes beyond descriptive and predictive analytics by not only
forecasting outcomes but also suggesting actions to achieve desired results
...
Creating Value with Predictive Analytics Techniques 
Modeling: Using statistical and machine learning techniques to build predictive
models ...Sales
forecasting, risk assessment
...
Projections 
One of the key components of data analysis is the concept of projections, which involves
forecasting future trends and outcomes based on existing data
...into several types based on their methodology and application: Statistical Projections: These involve mathematical
models and statistical techniques to forecast future values
...
Predictive Analysis for Risk Management 
Modeling: Developing statistical
models to predict future outcomes
...Financial
forecasting, credit risk assessment Time Series Analysis Analyzing time-ordered data points to identify trends and seasonal patterns
...
Analyzing Trends with Predictive Analytics 
Model Building: Developing statistical or machine learning
models ...Sales
forecasting, risk management Time Series Analysis Analyzes data points collected or recorded at specific time intervals
...
Predictive Analytics for Decision Making 
The insights gained from predictive analytics can help organizations make informed decisions by
forecasting future events, identifying risks, and uncovering opportunities
...Modeling: Applying statistical and machine learning
models to analyze data and predict outcomes
...
Data-Driven Strategies for Predictions 
It encompasses various techniques, including: Statistical Analysis Machine Learning Data Mining
Forecasting Key Components of Data-Driven Strategies Component Description Data Collection The process of gathering relevant data
...Model Building The creation of predictive
models using machine learning algorithms to forecast future outcomes
...
Predictive Analytics for Product Development 
Risk Mitigation: Predictive
models can identify potential risks in product development, allowing teams to address issues proactively
...Forecasting sales based on product features
...
Insights from Data 
Data Modeling: Applying statistical
models or machine learning algorithms to analyze the data and make predictions
...Sales
forecasting, risk assessment Prescriptive Analysis Recommends actions based on data analysis
...
Analytics Framework 
Predictive Analytics Uses statistical
models and machine learning techniques to forecast future outcomes
...Risk assessment, demand
forecasting ...
Notwendiges Eigenkapital für die
Geschäftsiee als Selbstläufer 
Der Start in die eigene Selbständigkeit beginnt mit einer Geschäftsidee u.zw. weit vor der Gründung des Unternehmens. Ein gute Geschäftsidee mit neuartigen Ideen und weiteren positiven Eigenschaften wird zur
"Selbstläufer Geschäftsidee". Hier braucht es dann nicht mehr besonders viel, bis sich ein grosser Erfolg einstellt ...