Solution
Creating Value from Business Analytics
Reactions
Data Analysis Implementation
Business Analytics Techniques
Leveraging Data for Strategic Decisions
Drive Financial Performance
Analysis
Drive Innovation Initiatives 
Customer-Centric Approach Involving customers in the innovation process helps tailor
solutions to meet their needs
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Creating Value from Business Analytics 
Tools Business Intelligence Software Predictive Analytics Tools Data Mining Software Cloud-Based Analytics
Solutions 5
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Reactions 
leveraged reactions to enhance their operations: Company Challenge
Solution Outcome Company A Low customer satisfaction scores Implemented regular customer surveys
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Data Analysis Implementation 
analysis to achieve significant business outcomes: Company Challenge
Solution Outcome Amazon High customer churn rate
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Business Analytics Techniques 
Key techniques include: Optimization: Techniques that determine the best
solution from a set of feasible solutions, often used in resource allocation
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Leveraging Data for Strategic Decisions 
Key techniques used in prescriptive analytics include: Optimization: Finding the best
solution from a set of feasible solutions
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Drive Financial Performance 
Optimization Techniques Optimization involves finding the best
solution from a set of feasible solutions
...
Analysis 
Optimization: Using algorithms to find the best
solution among a set of possible choices
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Driving Change through Data Analysis 
Here are a few notable examples: Company Challenge
Solution Outcome Amazon Inventory management inefficiencies Implemented predictive analytics to forecast demand
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Generating Reports for Business Improvement 
Microsoft Power BI A business analytics
solution that provides interactive visualizations and business intelligence capabilities
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Selbstständig mit einem Selbstläufer 
Der Weg in die Selbständigkeit beginnt mit einer Geschäftsidee und nicht mit der Gründung eines Unternehmens. Ein gute Geschäftsidee mit innovationen und weiteren positiven Eigenschaften wird zum "Geschäftidee Selbstläufer" ...