Predictive Metrics
Performance Data
Variables
Analyze Sales Data for Growth Opportunities
The Future of Business Intelligence Technology
Enhancing Financial Performance through Data
Market Trends
Business Strategy
Strategic Insights 
Sales records, employee performance
metrics, financial reports External Data Data sourced from outside the organization
...Predictive Analytics: Uses statistical models and machine learning techniques to forecast future outcomes
...
Performance Data 
investment (ROI) Operational Performance Data Production efficiency Supply chain
metrics Quality control statistics Employee Performance Data Employee productivity Employee satisfaction surveys
...Predictive Analysis: Using historical data to forecast future performance
...
Variables 
Model Building: In
predictive modeling, the choice of variables directly affects the model's performance
...Methods: These methods perform variable selection as part of the model training process, incorporating variable importance
metrics ...
Analyze Sales Data for Growth Opportunities 
Understanding Sales Data Analysis Sales data analysis involves the systematic examination of sales figures and related
metrics to derive actionable insights
...Descriptive analytics to summarize historical sales performance Diagnostic analytics to identify the causes of sales trends
Predictive analytics to forecast future sales based on historical data 3
...
The Future of Business Intelligence Technology 
key trends: Artificial Intelligence and Machine Learning: AI and ML are becoming integral to BI tools, allowing for
predictive analytics and advanced data modeling
...Looker Data exploration and visualization with a focus on business
metrics ...
Enhancing Financial Performance through Data 
Revenue Growth Profit Margins Return on Assets (ROA) Return on Equity (ROE) Cash Flow Improving these
metrics is essential for long-term sustainability and competitiveness in the market
...Risk Management:
Predictive analytics can help mitigate financial risks
...
Market Trends 
Factor Description Economic Indicators
Metrics such as GDP growth, unemployment rates, and inflation that affect consumer spending
...Predictive Modeling: Uses historical data to forecast future trends, helping businesses prepare for upcoming changes
...
Business Strategy 
Performance
Metrics: Criteria used to measure the success of the strategy and make necessary adjustments
...Predictive Analytics: Uses statistical algorithms and machine learning techniques to identify the likelihood of future outcomes based on historical data
...
Improving Customer Satisfaction 
Predictive Analytics Uses statistical models to predict future customer behavior based on past data
...This can be done through: Follow-up surveys Customer retention
metrics Net promoter scores (NPS) Case Studies of Successful Customer Satisfaction Improvement Several companies have successfully improved their customer satisfaction through effective use of business and text analytics:
...
Insights 
Predictive Insights: These insights forecast future outcomes based on historical data and statistical algorithms
...Internal Data: Data generated from within the organization, such as sales records, customer interactions, and operational
metrics ...
Nebenberuflich selbstständig 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 ...