Risk Reduction
Business Outcomes
The Importance of Predictive Analytics Today
Data Analytics for Predictions
Sound Restoration
Insight Evaluation
Data Mining for Enhanced Decision Making
Utilization
The Role of Data Analytics in Business 
It is widely used for
risk assessment and market forecasting
...Cost
Reduction: Data analytics can help identify areas where costs can be cut without compromising quality
...
Leverage Data for Financial Strategy Risk Management: Analyzing data helps identify potential risks and develop strategies to mitigate them
...Operational Data: Information regarding operational efficiency can reveal areas for cost
reduction ...
Business Outcomes Profit Margins Return on Investment (ROI) Operational Outcomes Efficiency Metrics Cost
Reduction Process Improvement Customer Outcomes Customer Satisfaction Customer Retention Rates Net Promoter Score (NPS) Employee Outcomes
...Risk Management: Analyzing outcomes can help identify potential risks and areas for improvement
...
The Importance of Predictive Analytics Today Cost
Reduction By anticipating future trends and behaviors, organizations can reduce costs associated with inefficiencies and waste
...Risk Management Predictive analytics helps identify potential risks and enables organizations to take proactive measures to mitigate them
...
Data Analytics for Predictions Finance Credit scoring and
risk assessment for loan approvals
...Cost
Reduction: Identifying inefficiencies and optimizing resource allocation can lead to significant cost savings
...
Sound Restoration include: Technique Description Noise
Reduction Removes unwanted background noise from recordings, such as hiss, hum, or clicks
...Archival Preservation Historical audio recordings are often at
risk of deterioration
...
Insight Evaluation Risk Management: Identifies potential risks associated with decisions made based on insights
...Company A Retail Improved inventory management leading to a 20%
reduction in costs
...
Data Mining for Enhanced Decision Making Sales forecasting,
risk assessment Association Rule Learning Discovering interesting relationships between variables in large datasets
...Cost
Reduction: Identifying inefficiencies and optimizing processes can lead to significant cost savings
...
Utilization Cost
Reduction: Improved utilization often leads to lower operational costs, enhancing profit margins
...Finance
Risk assessment using historical financial data
...
Integrating Analytics into Business Models Risk Management Predictive analytics can identify potential risks and help in developing mitigation strategies
...This integration resulted in a 15% increase in sales and a 20%
reduction in inventory costs
...
Mit den besten Ideen nebenberuflich selbstständig machen 
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 ...
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