Question

can u describe the difference between the business intelligence and business analytics, and introduce each advantages and common advantages for the business.thank u

Answer 1

before telling the difference between business intelligence and business analytics I would like to mention first of all what is business intelligence and business analytics

business intelligence:It is about accessing and exploring your organizations data the ultimate underatanding about this how the business is doing make better informed decisions that improve performance and create new strategic opportunities for growth.
business analytics : It refers to the skills, technologies, practices that are applied on past data and or processes to derive insights that can be used for future business planning business analytics are made up of statistical methods that can be applied to a specific project, process or product business analytics can also be used to evaluate an entire company
difference between business intelligence and business analytics :
business intelligence and business analytics terms are used interchangeably but this is necessary to understand the difference between the two for long term success in your business. Data experts generally divide the analytics into four categories these categories are Descriptive analysis Diagnostic analytics, Predictive analytics, and Prescriptive analytics.
What is happening in your business and why did it happen comes under the business intelligence category, while what will likely to happen in the future and the best solution to make it happen comes under business analytics category.
Business intelligence deals with what happened in the past and how it happened leading up to the present moment. It identifies big trends and patterns without digging too much into the why or predicting the future.
Business analytics deals with the why of what happened in the past. It breaks down contributing factors and causality It also uses these why’s to make predictions of what will happen in the future
Some main advantages and difference:
Business Intelligence:
Using data to help run the business making decisions
Historical data analysis tells you what happened.
Learn about the state of the business from the data you collect.
Improves current strategy with knowledge of past results.
Identify current problems and determine how to resolve them
Business Analytics :
Using data to help drive business change asking questions
Statistical and trend analysis tells you what is going to happen
Learn what will happen to the business by forecasting from the data you collect
Improves strategy for moving forward with predictive analysis
Identify potential issues and determine how to avoid them