Understanding the Difference Between Business Intelligence and Business Analytics.

Business Intelligence (BI) focuses on analyzing past and present data to improve operational efficiency, while Business Analytics (BA) uses statistical models to predict future trends and guide strategic decisions. Both are vital for leveraging data effectively in business decision-making processes.

1. Understanding the
Difference Between
Business Intelligence
and Business
Analytics
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2. Introduction
In today's data-driven world, making informed decisions is
crucial. Business Intelligence (BI) and Business Analytics (BA)
help organizations leverage data effectively. BI focuses on
historical and current data, while BA predicts future trends.
Understanding these differences is essential for students
seeking business analytics assignment help, enhancing
both academic and practical skills. This presentation explores
how BI and BA improve data-driven decision-making.

3. Business
Intelligence(BI)
Focus: BI primarily focuses on descriptive
analytics. It involves the collection,
integration, analysis, and presentation of
business information.
Purpose: The main goal is to provide historical
insights and current data to help make
informed business decisions. It answers
questions like "What happened?" and "What is
happening now?"

4. Tools & Techniques: BI uses tools such as
dashboards, data warehousing, data
mining, and reporting tools to provide
real-time or near-real-time information.
Common tools include Microsoft Power BI,
Tableau, and QlikView.
Applications: BI is used for operational
efficiency, performance monitoring, and
reporting. It is crucial for generating
routine reports, monitoring KPIs, and
tracking business processes.

5. Focus: BA primarily focuses on predictive
and prescriptive analytics. It involves the use
of statistical analysis, data mining, machine
learning, and predictive modeling.
Purpose: The main goal is to forecast future
trends and suggest actions based on data
analysis. It answers questions like "Why did it
happen?" "What will happen?" and "What
should we do about it?"
Business Analytics
(BA)

6. Tools & Techniques: BA uses advanced
analytical tools and techniques, such as
regression analysis, cluster analysis, and
decision trees. Common tools include SAS, R,
Python, and Apache Hadoop.
Applications: BA is used for strategic
planning, risk management, and decision-
making. It helps businesses understand
patterns, predict outcomes, and optimize
processes.

7. Scope: BI focuses on past and present data, while
BA focuses on future predictions.
Techniques: BI uses dashboards and reports,
whereas BA uses statistical and machine learning
models.
Purpose: BI aims to improve efficiency and monitor
performance; BA provides strategic insights.
Outcome: BI helps understand what has
happened; BA helps predict and plan for future
events.
Key Differences
Between BI and
BA

8. Thank You
Everyone
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