Performance Management Systems
Data-Driven
Enhance Business Processes
Elements
Data Analytics for Operational Excellence
Green Building Strategies
Data Science
Key Drivers of Successful Data Analysis
Energy Efficiency Strategies 
strategies refer to the various methods and practices that aim to reduce energy consumption while maintaining or improving
performance ...Upgrading to energy-efficient appliances and equipment Improving insulation and sealing in buildings Implementing energy
management systems Using renewable energy sources Optimizing transportation systems Energy Efficiency in Buildings Buildings account for a significant portion of energy consumption
...
Data-Driven 
In the context of business, being data-driven means utilizing data to guide strategies, operations, and
performance evaluations
...Risk
Management Data analytics can help identify potential risks and mitigate them before they become significant issues
...Data Silos: Different departments may store data in isolated
systems, making it difficult to access and analyze comprehensive data sets
...
Enhance Business Processes 
Analytics Business analytics involves the use of statistical analysis and data mining to understand and improve business
performance ...AnyLogic A simulation software for modeling complex
systems ...Change
Management: Employees may resist changes to established processes
...
Elements 
The following are the primary elements of business analytics: Data
Management Data Collection Data Storage Data Integration Statistical Analysis Descriptive Statistics Inferential Statistics
...Visualizations Reporting Automated Reports Ad-hoc Reporting
Performance Metrics Decision Support Scenario Analysis What-If Analysis Optimization Techniques Data
...R, SAS, SPSS Database Management
Systems Store and manage large datasets
...
Data Analytics for Operational Excellence 
to derive actionable insights, enabling organizations to enhance decision-making, optimize processes, and achieve superior
performance ...Overview Operational excellence is a
management philosophy that focuses on continuous improvement, efficiency, and delivering value to customers
...Data Collection: Gather relevant data from various sources, including internal
systems and external datasets
...
Green Building Strategies 
These include: Energy Efficiency: Implementing energy-efficient design features such as high-
performance insulation, LED lighting, and energy-efficient appliances can significantly reduce energy consumption
...Water Conservation: Installing low-flow fixtures, rainwater harvesting
systems, and drought-resistant landscaping can help conserve water resources
...Waste Reduction: Implementing construction waste
management plans and recycling materials can minimize waste sent to landfills
...
Data Science 
Data Science is an interdisciplinary field that uses scientific methods, processes, algorithms, and
systems to extract knowledge and insights from structured and unstructured data
...Finance: Fraud detection, risk
management, and algorithmic trading
...Model Evaluation: Assessing the
performance of the model using various metrics
...
Key Drivers of Successful Data Analysis 
Data
Management Systems: Systems that ensure proper data storage, retrieval, and processing
...Performance Metrics: Establishing metrics to evaluate the effectiveness of data analysis efforts
...
Data-Driven Strategies 
Performance Measurement: Evaluating outcomes to refine strategies
...Data
Management Systems and processes for storing, organizing, and maintaining data integrity
...
Value 
Supply Chain
Management: Streamlining inventory management and logistics to reduce costs and improve service levels
...Finance: Assessing investment opportunities and risk management strategies to enhance financial
performance ...Complexity of Implementation: Integrating prescriptive analytics into existing
systems can be technically challenging
...
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