Strategy Optimization
Statistical Analysis for Marketing
Big Data Competitiveness
Demand Generation
Building Data-Driven Solutions
Predictive Decisions
Leveraging Predictive Analytics for Growth
Approaches
Data Analysis Fundamentals 
is a systematic approach to interpreting data to extract meaningful insights, support decision-making, and drive business
strategy ...Manufacturing: Quality control, production
optimization, and supply chain management
...
Impacts 
1 Process
Optimization Business Function Impact of Big Data Manufacturing Predictive maintenance reduces downtime and enhances production efficiency
...enhancing decision-making to improving operational efficiency, big data analytics has become a cornerstone of modern business
strategy ...
Statistical Analysis for Marketing 
Resource
Optimization: Statistical analysis aids in allocating marketing budgets effectively to maximize return on investment (ROI)
...Determines if a new marketing
strategy leads to a statistically significant increase in sales
...
Big Data Competitiveness 
Below are a few notable examples: Company Industry Big Data
Strategy Outcome Netflix Entertainment Utilizes viewer data to personalize recommendations
...Walmart Retail Employs big data analytics for supply chain
optimization ...
Demand Generation 
Demand Generation is a marketing
strategy aimed at creating awareness and interest in a company's products or services
...Search Engine
Optimization (SEO): Optimizing online content to improve visibility in search engine results
...
Building Data-Driven Solutions 
This can involve:
Strategy Development: Using data insights to inform strategic planning and decision-making
...Process
Optimization: Streamlining operations based on data findings to enhance efficiency
...
Predictive Decisions 
Manufacturing: Predictive maintenance, quality control, and supply chain
optimization ...Conclusion Predictive decisions, powered by predictive analytics, have become a cornerstone of modern business
strategy ...
Leveraging Predictive Analytics for Growth 
Monitoring and
Optimization: Continuously monitor the model's performance and make necessary adjustments to improve accuracy
...the potential benefits of predictive analytics far outweigh the obstacles, making it a critical component of modern business
strategy ...
Approaches 
Applications Reinforcement learning is applied in various fields, including: Gaming: AI opponents in video games, game
strategy optimization ...
Creating Value with Big Data Analytics 
This data, often referred to as "big data," can be analyzed to create insights that drive decision-making and
strategy ...It utilizes
optimization and simulation techniques to recommend best courses of action
...
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" ...