Market Forecasting
Statistical Analysis
Performance Analysis
The Role of Analytics in Performance Management
Utilizing Descriptive Insights for Decision Making
Predictive Reporting
Summary
Big Data Use Cases in Government
Big Data Scenarios 
Some common scenarios include: Customer Segmentation: Retailers analyze customer data to create targeted
marketing campaigns based on purchasing behavior
...Applications Application Description Benefits Predictive Analytics
Forecasting health risks and outcomes for patients
...
Statistical Analysis It is a crucial process in various fields, including finance,
marketing, operations, and healthcare, enabling organizations to make data-driven decisions and optimize their strategies
...Predictive analytics can help in
forecasting turnover rates
...
Performance Analysis Competitive Advantage: Enables businesses to adapt quickly to
market changes and stay ahead of competitors
...Regression analysis, time series
forecasting ...
The Role of Analytics in Performance Management Sales
forecasting, risk assessment Prescriptive Analytics Suggests actions to optimize performance based on data analysis
...Collect Relevant Data: Gather data from various sources, including internal systems and external
market data
...
Utilizing Descriptive Insights for Decision Making Trend Identification Organizations can identify trends over time, allowing them to anticipate changes in the
market ...This information is crucial for budgeting and
forecasting ...
Predictive Reporting The practice is widely adopted across various industries, including finance, healthcare,
marketing, and supply chain management
...Healthcare Patient outcome predictions, disease outbreak
forecasting, resource allocation
...
Summary Components of Business Analytics Data Collection: Gathering relevant data from various sources, including internal databases,
market research, and customer feedback
...Sales
forecasting, risk assessment Prescriptive Analysis Recommends actions based on data analysis to achieve desired outcomes
...
Big Data Use Cases in Government leverage Big Data to drive economic growth and development through informed decision-making: Job Creation: Analyzing labor
market data helps identify sectors with growth potential, guiding workforce development initiatives
...Forecasting: Predictive analytics assists in forecasting revenue and expenditure trends, improving fiscal planning
...
The Role of Analytics in Business Intelligence analytical techniques, businesses can make informed decisions, enhance operational efficiency, and gain a competitive edge in the
market ...Sales
forecasting, risk assessment Prescriptive Analytics Recommends actions based on data analysis and predictive models
...
Progress It is commonly used in
market segmentation and social network analysis
...It is often utilized in
forecasting sales and financial trends
...
Selbstständig machen z.B. nebenberuflich! 
Der Trend bei der Selbständigkeit ist auf gute Ideen zu setzen und dabei vieleich auch noch nebenberuflich zu starten - am besten mit einem guten Konzept ...
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