Operational Analytics
Creating Value from Business Analytics
Interaction
Development
Understanding
Future of Big Data Analytics
Framework
Big Data Analytics for Risk Management
Risks 
This article explores the different types of risks associated with business
analytics and business intelligence, as well as strategies for mitigating these risks
...Operational Risks: Risks arising from internal processes, people, and systems
...
Data Analytics 
Data
Analytics refers to the systematic computational analysis of data, primarily used in the business sector to extract meaningful insights that can inform decision-making and strategic planning
...With the rise of Big Data, organizations have increasingly relied on data analytics to improve
operational efficiency, enhance customer experiences, and drive innovation
...
Creating Value from Business Analytics 
Business
analytics is a data-driven approach that enables organizations to make informed decisions by analyzing historical data and predicting future trends
...Increased
Operational Efficiency Analytics can identify inefficiencies in processes, leading to cost reductions and improved productivity
...
Interaction 
between various stakeholders, including customers, employees, and systems, which can significantly influence decision-making and
operational efficiency
...In the realm of business
analytics and data visualization, understanding interaction is crucial for deriving actionable insights from data
...
Development 
Within the realm of business
analytics, development plays a crucial role, particularly in the area of prescriptive analytics, which focuses on providing recommendations for optimal decision-making
...Operational Efficiency: Streamlined processes and improved analytics lead to enhanced operational efficiency
...
Understanding 
This article focuses on the importance of understanding in business
analytics and specifically in predictive analytics
...Operational Efficiency Identifying inefficiencies through predictive models can lead to streamlined processes
...
Future of Big Data Analytics 
Big Data
Analytics refers to the process of examining large and varied data sets to uncover hidden patterns, correlations, and insights
...investing in technologies that allow them to analyze data as it is generated, leading to timely decision-making and improved
operational efficiency
...
Framework 
In the context of business
analytics and text analytics, a framework refers to a structured approach or model that provides a systematic method for analyzing data and deriving insights
...Frameworks are essential for guiding businesses in making data-driven decisions and improving
operational efficiency
...
Big Data Analytics for Risk Management 
Big Data
Analytics for Risk Management refers to the use of advanced analytical techniques and technologies to analyze vast amounts of data to identify, assess, and mitigate risks in business operations
...leverage big data analytics to enhance their risk management strategies, enabling them to make informed decisions, improve
operational efficiency, and maintain competitive advantage
...
Decisions 
In the realm of business
analytics, particularly within business analytics and predictive analytics, the process of making decisions is pivotal
...Operational Decisions: Day-to-day decisions that ensure the smooth functioning of the organization
...
Nebenberuflich (nebenbei) selbstständig m. guten Ideen
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 ...