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What is a business intelligence tool?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Business intelligence tools are software applications that help companies collect, analyze and process data from various sources to make better decisions. These tools can help companies identify trends and patterns in their data by creating reports, dashboards, and data visualizations.
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What is management consulting?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Management consulting is a type of consulting that helps companies solve specific problems and achieve goals. It can include different types of consulting services such as strategic planning, organizational development, process improvement, marketing strategies, business management and financial planning. It can help businesses get a clearer idea of how to achieve their goals by supporting them with the right tools and strategies.
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What is statistical software?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Statistical software is specialized software used to generate statistics and analysis. It can collect, analyze, and visually display data to help users gain insights from data and make decisions. It can also be used as a tool for forecasting and approach planning.
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What is a specification sheet?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A specification document is a document created by a customer to provide a software developer with a description of the requirements for a new software product. It contains a detailed list of the functions that the product should fulfill, along with specifications that serve as guidelines for the developer. The specification sheet is an important tool that enables the developer to understand the customer's requirements and create the software accordingly.
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What is a media distributor?

12/06/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
A media distribution list is a system for sending media such as news, images, videos, documents and audio to a group of people at the same time. It is an effective tool for reaching people who are interested in the same content. A media distribution list can be used to send information to customers, employees or other target groups.
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