Learning Management Systems
Insights Development
Analytical Tools
Analytical Methods
Leveraging Data for Predictive Insights
Solutions
Understanding Big Data in Retail
Text Analytics Impact
Architecture 
Data Governance: The
management of data availability, usability, integrity, and security within an organization
...Data Storage Technologies and
systems used to store data, including relational databases and cloud storage
...Analytics The techniques employed to analyze data and derive insights, such as statistical analysis and machine
learning ...
Insights Development 
Predictive Analytics Uses statistical models and machine
learning techniques to forecast future events
...Database
Management Systems: Such as SQL and NoSQL databases that store and manage large datasets
...
Analytical Tools 
SAS A comprehensive software suite used for advanced analytics, business intelligence, and data
management ...Predictive Analytics Tools Predictive analytics tools utilize statistical algorithms and machine
learning techniques to forecast future outcomes based on historical data
...Integration Issues: Difficulty in integrating analytical tools with existing
systems can impede analysis
...
Analytical Methods 
Involves statistical modeling, machine
learning, and regression analysis
...Finance In finance, these methods are essential for risk assessment, portfolio
management, and forecasting
...Integration: Integrating analytical tools with existing
systems can be complex and resource-intensive
...
Leveraging Data for Predictive Insights 
most significant branches of business analytics is predictive analytics, which utilizes statistical algorithms and machine
learning techniques to identify the likelihood of future results based on historical data
...It is widely used in various industries, including finance, healthcare, marketing, and supply chain
management ...Integration with Existing
Systems: Ensuring compatibility with current data systems may require significant effort
...
Solutions 
Data Mining Algorithms Statistical and machine
learning algorithms used to analyze data
...SAS: A software suite that provides advanced analytics, business intelligence, and data
management capabilities
...Integration: Integrating data mining solutions with existing
systems can be complex
...
Understanding Big Data in Retail 
Improved Inventory
Management: Big Data analytics helps retailers optimize stock levels, reducing overstock and stockouts
...data from various sources, including: Source Description Point of Sale (POS)
Systems Records sales transactions, providing data on customer purchases and preferences
...in retail is promising, with several trends expected to shape the industry: Artificial Intelligence (AI) and Machine
Learning: These technologies will enhance data analysis, enabling more accurate predictions and insights
...
Text Analytics Impact 
Risk
Management Identifying potential risks by analyzing social media and news articles
...Integration with Existing
Systems: Incorporating text analytics tools into existing business processes and systems can be complex and resource-intensive
...Integration with AI and Machine
Learning: Combining text analytics with AI and machine learning will enable more sophisticated analyses and predictions
...
Predictive Analysis 
Predictive analysis is a branch of data analytics that uses statistical algorithms and machine
learning techniques to identify the likelihood of future outcomes based on historical data
...Manufacturing: Forecasting equipment failures and optimizing supply chain
management ...Integration: Integrating predictive analysis with existing
systems can be challenging
...
Tools 
Advanced analytics, optimization, simulation Healthcare analytics, risk
management Oracle Analytics Cloud A cloud-based analytics service that offers data visualization and machine
learning capabilities
...Oracle Analytics Cloud A cloud-based analytics service that offers data visualization and machine
learning capabilities
...Integration: Integrating prescriptive analytics tools with existing
systems can be difficult
...
Geschäftsiee und Selbstläufer 
Der Weg in die eigene Selbständigkeit beginnt mit einer Geschäftsidee u.zw. vor Gründung des Unternehmens. Ein gute Geschäftsidee mit neuen und weiteren positiven Eigenschaften wird zur
"Geschäftidee u. Selbstläufer" ...