Performance Analysis
BI Framework Development
Leveraging Textual Data
Creating a Data-Driven Culture in Business
Model Training
Business Value
Data Reporting for Informed Decision Making
Outputs
Sales Optimization 
Sales optimization refers to the strategic process of improving a company's sales
performance through various methodologies, tools, and techniques
...Component Description Sales Process
Analysis Evaluating the current sales process to identify bottlenecks and areas for improvement
...
Data Management Strategies 
In the realm of business, effective data management can lead to improved
performance, enhanced customer satisfaction, and competitive advantage
...Data Processing The transformation of raw data into a usable format through cleaning, organizing, and
analysis ...
BI Framework Development 
Reporting Reporting is the process of presenting data in a structured format for
analysis and decision-making
...Define Objectives Identify the goals and objectives of the BI initiative, including key
performance indicators (KPIs)
...
Leveraging Textual Data 
Method Description Applications Sentiment
Analysis Evaluates the sentiment expressed in text, categorizing it as positive, negative, or neutral
...Product Development Textual data can provide feedback on product
performance and customer needs, guiding product development and innovation efforts
...
Creating a Data-Driven Culture in Business 
A data-driven culture in business refers to an organizational environment where decisions are made based on data
analysis and interpretation rather than intuition or observation alone
...Measure Success: Track the impact of data-driven initiatives on business
performance ...
Model Training 
The
performance of a model is heavily dependent on the quality of the training data and the algorithms used
...Data Preprocessing Data preprocessing is the process of cleaning and transforming raw data into a format suitable for
analysis ...
Business Value 
It encompasses various dimensions, including financial
performance, market position, brand equity, and customer satisfaction
...Share Price, Total Shares Outstanding Comparable Company
Analysis Valuation based on the valuation multiples of similar companies in the industry
...
Data Reporting for Informed Decision Making 
collection,
analysis, and presentation of data in a structured format, allowing stakeholders to understand trends, monitor
performance, and identify areas for improvement
...
Outputs 
business analytics, the term "outputs" refers to the results generated from various processes, particularly those involving data
analysis and machine learning
...analytics and machine learning: Descriptive Outputs: These outputs summarize historical data and provide insights into past
performance ...
Efficiency 
analytics and machine learning, efficiency is a critical factor that influences decision-making, resource allocation, and overall
performance ...Role of Business Analytics in Enhancing Efficiency Business analytics involves the use of statistical
analysis, predictive modeling, and data mining to analyze business performance
...
Nebenberuflich selbstständig 
Nebenberuflich selbständig ist, wer sich neben seinem Hauptjob im Anstellungsverhältnis eine selbständige Nebentigkeit begründet.