Strategic Analysis
Using Algorithms for Predictions
Data Reporting
Big Data Competitiveness
Text Mining for Product Development
Data Mining Applications
Enhancing Product Offerings Through Analytics
The Role of Visualization in Analytics
Data Visualization Essentials 
business analytics, effective data visualization is crucial for making informed decisions, communicating insights, and driving
strategic initiatives
...Data Visualization There are various types of data visualization techniques, each suited for different types of data and
analysis ...
Effectiveness 
context of business analytics and big data refers to the ability of organizations to achieve desired outcomes through the
strategic use of data
analysis and interpretation
...
The Role of Data Mining in Business Strategy 
The primary goal of data mining is to uncover hidden insights that can inform
strategic business decisions
...Financial
Analysis Using data mining techniques to assess financial risks and enhance investment strategies
...
Using Algorithms for Predictions 
Sales forecasting, real estate pricing Logistic Regression A regression
analysis used for prediction of outcome of a categorical dependent variable
...practices for implementation, organizations can harness the power of predictive analytics to drive informed decision-making and
strategic planning
...
Data Reporting 
It involves the collection,
analysis, and presentation of data to inform decision-making processes in organizations
...Analytical Reports: These focus on in-depth analysis and are often used to support
strategic decision-making
...
Big Data Competitiveness 
Definition Big Data Competitiveness can be defined as the
strategic use of large datasets to inform decision-making, optimize processes, and create value for stakeholders
...It encompasses the collection, storage,
analysis, and visualization of data from various sources to derive insights that can lead to better business outcomes
...
Text Mining for Product Development 
Sentiment
Analysis: The process of determining the emotional tone behind a series of words, used to understand customer attitudes towards products
...Increased Efficiency: Automating the analysis of large volumes of text saves time and resources, allowing teams to focus on
strategic initiatives
...
Data Mining Applications 
In the realm of business, data mining applications are increasingly being utilized for decision-making processes,
strategic planning, and enhancing overall operational efficiency
...Technique Application Cluster
Analysis Segmenting customers based on purchasing behavior
...
Enhancing Product Offerings Through Analytics 
This
strategic approach involves using data-driven insights to inform decision-making processes, optimize operations, and ultimately deliver superior products that meet customer needs
...branches of business analytics in this context is prescriptive analytics, which focuses on recommending actions based on data
analysis ...
The Role of Visualization in Analytics 
Engagement: Interactive visualizations can engage users, encouraging exploration and deeper
analysis of the data
...Better Insight Generation: By visualizing data, analysts can uncover insights that may lead to
strategic advantages
...
Geschäftsiee und Selbstläufer 
Der Weg in die eigene Selbständigkeit beginnt mit einer Geschäftsidee u.zw. vor Gründung des Unternehmens. Ein gute Geschäftsidee mit neuen und weiteren positiven Eigenschaften wird zur
"Geschäftidee u. Selbstläufer" ...