Strategic Management
Insights from Predictive Analytics
Assessing Financial Performance with Data
Insights from Sales Analysis
Roadmap
Principles
Big Data in Finance
Data Mining Skills
Forecasting Models 
Industry Application Retail Inventory
management and sales forecasting to optimize stock levels
...several advantages to organizations, including: Informed Decision-Making: Provides data-driven insights that aid in
strategic planning
...
Insights from Predictive Analytics 
Analytics in Business Predictive analytics can be applied across various sectors, providing valuable insights that drive
strategic decisions
...Improved inventory
management and resource allocation
...
Assessing Financial Performance with Data 
By leveraging descriptive analytics, businesses can gain valuable insights that guide
strategic planning and operational improvements
...Risk
Management: Identifying potential financial risks through data analysis enables proactive measures to mitigate them
...
Insights from Sales Analysis 
analysis is a critical component of business analytics that focuses on evaluating sales data to derive insights that can inform
strategic decisions
...software solutions are available to assist businesses in conducting thorough sales analysis: Customer Relationship
Management (CRM) Software: Tools like Salesforce and HubSpot help track customer interactions and sales data
...
Roadmap 
A roadmap is a
strategic plan that defines a goal or desired outcome and includes the major steps or milestones needed to reach it
...Risk
Management: By outlining potential challenges and mitigation strategies, roadmaps help in identifying risks early in the process
...
Principles 
Accountability Establishing clear roles and responsibilities for data
management ...Principles of Effective Business Strategy To succeed in a competitive environment, organizations must adhere to several
strategic principles: Customer-Centricity: Focusing on customer needs and preferences to drive product development and service delivery
...
Big Data in Finance 
sector has been one of the early adopters of big data technologies, leveraging vast amounts of data to drive performance and
strategic initiatives
...Key Areas of Application Big data in finance can be categorized into several key areas: Risk
Management Fraud Detection Customer Analytics Algorithmic Trading Regulatory Compliance 1
...
Data Mining Skills 
Database
Management: Understanding database management systems (DBMS) such as MySQL and Oracle is crucial for data storage and retrieval
...Critical Thinking: The capacity to think critically about data findings and their implications is essential for
strategic planning
...
Big Data Analytics for Competitive Intelligence 
Data Analytics enables organizations to harness this data to uncover patterns, correlations, and insights that can inform
strategic decisions
...Risk
Management Analyzing data can help identify potential risks and develop strategies to mitigate them
...
Big Data Capabilities 
Capabilities of Big Data The capabilities of big data can be categorized into several key areas: Data Storage and
Management Data Processing and Analysis Data Visualization Predictive Analytics Real-time Analytics Machine Learning and AI Data Governance and Security
...can experience numerous benefits, including: Enhanced Decision-Making: Data-driven insights lead to more informed and
strategic decisions
...
Eine Geschäftsidee ohne Eigenkaptial 
Wenn ohne Eigenkapital eine Geschäftsidee gestartet wird, ist die Planung besonders wichtig. Unter Eigenkapital zum Selbstständig machen versteht man die finanziellen Mittel zur Gründung eines Unternehmens. Wie macht man sich selbstständig ohne den Einsatz von Eigenkapital? Der Schritt in die Selbstständigkeit sollte gut überlegt sein ...