Operational Analytics
Utilizing Big Data for Business Intelligence
Role of Statistics in Business Analytics
Performance Overview
Business Review
Opportunity
Actions
Continuous Improvement
Change 
In the context of business
analytics and big data, "change" refers to the transformation processes that organizations undergo to adapt to new market conditions, technologies, and consumer behaviors
...Operational Change: Changes in day-to-day operations to improve efficiency
...
Process Improvement This article explores the various aspects of process improvement, its methodologies, tools, and its significance in business
analytics, particularly in the realm of prescriptive analytics
...Importance of Process Improvement Process Improvement is vital for organizations aiming to maintain competitiveness and achieve
operational excellence
...
Utilizing Big Data for Business Intelligence Businesses leverage this data to gain insights that drive strategic decision-making, improve
operational efficiency, and enhance customer experiences
...Data Analysis: Advanced
analytics techniques, including predictive analytics and machine learning, are employed to extract insights from the data
...
Role of Statistics in Business Analytics Statistics plays a crucial role in the field of business
analytics, providing the necessary tools and methods for data analysis and decision-making
...Methods such as Six Sigma utilize statistical analysis to improve
operational efficiency
...
Performance Overview The term Performance Overview refers to the systematic analysis of an organization's
operational efficiency and effectiveness
...Performance overviews often incorporate various metrics, tools, and methodologies from the fields of business
analytics and statistical analysis
...
Business Review This process is essential for organizations aiming to enhance their
operational efficiency, align their strategies with market trends, and ultimately achieve their business objectives
...The Role of Business
Analytics in Business Reviews Business analytics plays a crucial role in the business review process by providing data-driven insights that inform decision-making
...
Opportunity This article explores the concept of opportunity within the framework of business
analytics, particularly focusing on prescriptive analytics
...Operational Opportunities: These relate to improving internal processes, enhancing productivity, or reducing costs
...
Actions These actions can be strategic or
operational and are often analyzed through various frameworks in business
analytics and data analysis
...
Continuous Improvement The concept is widely utilized in various industries and is a fundamental principle of business management and
operational excellence
...Data-Driven Decision Making: Utilizing data and
analytics to guide improvement efforts
...
Real-Time Analytics for Competitive Advantage Real-time
analytics refers to the immediate processing and analysis of data as it becomes available, enabling organizations to make timely and informed decisions
...Operational Efficiency: Real-time monitoring of processes allows businesses to identify inefficiencies and optimize operations
...
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" ...
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