Business Analytics vs Business Analysis
Business Analytics vs Business Analysis: Is there a difference? Both business analytics and business analysis include looking at data and systems, comprehending them, and coming up with insightful findings that help organizations in decision-making. What is Business Analytics ? Business analytics, often referred to as data analytics, involves gathering, assessing, and extracting valuable insights from vast datasets. It is applied in various areas such as finance, marketing, human resources (HR), customer relationship management (CRM), manufacturing, and the banking and credit card industry. Business analytics is typically carried out by professionals known as data scientists and data analysts. What is Business Analysis ? Business analysis is like being a detective for companies. It's about helping businesses solve their problems by understanding, defining, and coming up with solutions for those issues. Here are some things business analysts do: 1. Company Analysis: They look at t