Let's talk about the difference between Business Intelligence and Business Analytics

[zihadhasan012]

Friend Alert: Business Analytics is not the same as Google Analytics!

First we untangle, then we offer a more complete explanation.

On the blog of SelectHub , a platform that offers BI services, there is a basic point that differentiates Business Intelligence and Business Analytics software.

Bottom line: It all depends on your primary goal.

Do you want to analyze or make decisions that apply at the present time?

Or are you interested in a kind of forecasting of the future?

Past vs. future? Is it a dispute? And which one to choose?
Some examples of scenarios that can be attacked in the short term or at the present time are related to processes, routines, possible problems and time optimization, results, etc.

When we talk about the future, we are thinking about trends, getting ahead of the competition and offering innovation to your audience.

You should consider the solution offered by Business Intelligence software if you have a company that needs a lot of data and intuitive reports, or if you need to identify the areas of your business that need improvement through practical notes for the solution.

Another great advantage of BI software is, as we mentioned, knowing even better the processes that encompass your business.

BI software is a good solution for those who want to improve decision-making and understand issues related to productivity, work processes and employees.

This helps improve the business by starting directly from the base albania phone data and considering the operational processes.

BI software allows you to see problems, for example.

And it's worth looking into business analytics software if you have a company that can be considered a new entity, or if you're going through significant changes and need to anticipate new business opportunities.

In such cases, BA software will help you by providing past data, current information, and projecting trends.

With this, you are better able to opt for the appropriate changes.

BA is a solution if you want to analyze your company, your market or your industry with a dual objective: optimize current performance and predict business trends to help you stay competitive in the future.