Performance Optimization
Interactive Visualization
Predictions
Enhancing Operational Efficiency Using Predictions
Understanding Machine Learning Basics
Creating Value with Predictive Analytics Techniques
Using Data for Predictions
Predictive Decisions
Data Mining for Improving Product Quality 
Supply Chain
Optimization Analyzing supplier
performance and material quality
...
Impacts 
1 Process
Optimization Business Function Impact of Big Data Manufacturing Predictive maintenance reduces downtime and enhances production efficiency
...Automated reporting systems for real-time
performance tracking
...
Interactive Visualization 
business analytics: Dashboards: Comprehensive views that aggregate multiple visualizations, providing an overview of key
performance indicators (KPIs)
...Mobile
Optimization: As mobile devices become increasingly prevalent, optimizing visualizations for mobile use will be essential
...
Predictions 
Resource
Optimization: By anticipating demand, companies can allocate resources more efficiently
...Model Overfitting: Complex models may fit the training data too closely, resulting in poor
performance on unseen data
...
Enhancing Operational Efficiency Using Predictions 
Workforce Management Predictive analytics can help in workforce planning by analyzing employee
performance, turnover rates, and workload demands
...Marketing
Optimization By predicting customer behavior, businesses can tailor marketing strategies to target specific audiences, thereby improving conversion rates and maximizing return on investment
...
Understanding Machine Learning Basics 
Testing Data A separate dataset used to evaluate the
performance of the model after training
...Supply Chain
Optimization: Machine learning helps businesses optimize inventory management and logistics by predicting demand and streamlining operations
...
Creating Value with Predictive Analytics Techniques 
Manufacturing Manufacturers utilize predictive analytics for maintenance forecasting, supply chain
optimization, and quality control
...Telecommunications Telecom companies apply predictive analytics to reduce churn, optimize network
performance, and enhance customer service
...
Using Data for Predictions 
3 Operations In operations, predictive analytics aids in demand forecasting, inventory management, and supply chain
optimization ...4 Human Resources HR departments utilize predictive analytics for talent acquisition, employee retention, and
performance management
...
Predictive Decisions 
Manufacturing: Predictive maintenance, quality control, and supply chain
optimization ...Monitoring and Maintenance: Continuously monitor the model's
performance and update it as necessary to maintain accuracy
...
Building AI Systems 
Evaluation: After training, the model is evaluated using a separate dataset to assess its
performance and generalizability
...Supply Chain
Optimization: AI systems help in demand forecasting, inventory management, and logistics planning
...
Selbstständig machen mit Ideen 
Der Weg in die Selbständigkeit beginnt nicht mit der Gründung eines Unternehmens, sondern davor - denn: kein Geschäft ohne Geschäftsidee. Eine gute Geschäftsidee fällt nicht immer vom Himmel und dem Gründer vor die auf den Schreibtisch ...