What is the difference between analytics and BI?

This is a question that will probably yield a difference responses depending on who you ask, but we’ll see if we can do our best to define what these mean.

Business Intelligence

Means using the data available to your organization to make factually based business decisions.  This can take on a number of forms and methods but generally includes doing things such as developing Key Performance Indicators (KPIs), Trending Analysis, Predictive Modeling, dashboards, etc. To summarize, broad set of tools, technologies and techniques that provide complete visibility into your business operations forms the Business Intelligence layer.

Business Intelligence

Business Analytics

For many people is about the same thing as BI.  If we had to differentiate, we could say that Business Analytics is the heart of BI that doesn’t include the actual business decision making, but the steps that lead up to the decision. Focuses on developing new insights and understanding of business perfomance based on data and statistical methods.

 

For complete answers visit: https://www.quora.com/What-is-the-difference-between-analytics-and-BI?srid=J2Hj&share=60f9ec32

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