(415) 246-0101

Microtechs Blog

What Are the Differences Between Business Intelligence and Business Analysis?

What Are the Differences Between Business Intelligence and Business Analysis?

A lot is being made about running smarter businesses. Many businesses are looking to their data to try and work out how to build a better business. Two terms you typically hear during this conversation are business intelligence and business analysis. Today, we will take a look at the two terms, decipher their meaning, how they are different from one another, and how they can help you determine the resources a business needs to improve itself.

In order to get the most out of your data, you have to have data collection platforms in place that will allow you to analyze data that is relevant. You see, your organization has a lot of data that, if it’s not stored properly, could be useful but isn’t helping at all. The data warehouse is basically a repository used to allow data from disparate storage systems to be analyzed properly. For example, if you have marketing information you want to analyze with relevant sales information, you need to have a place where all the data can be read from.

BI vs. BA
The easiest way to explain the difference between business intelligence and business analysis is: business intelligence is a noun. It is a system of congregating and analyzing data. Business analysis on the other hand is more of a verb that represents the act of analyzing data to identify business problems and finding solutions for those problems. Both require significant data sets to be effective, but they hold two completely separate functions.

Business Intelligence
A business intelligence strategy is one that seeks to analyze the business as it stands. Learning more about your business can have a lot of benefits, but for the business intelligence professional, their sole job is to analyze the data to find out answers about how the business has been functioning over certain periods of time to identify where alterations can be made to improve the business. BI’s value is in the process of delivering the information needed for administrators to make data-driven decisions.

Business Analysis
Business analysts are tasked with actively enabling the change that needs to be made within an organization by defining gaps in production and by presenting solutions. They take the data that has been provided by the BI system and try to find solutions to the business’ problems. Sometimes they utilize other strategies using the collected data to try and predict the market for a product or service and the effect decisions would have on operations.

Data-Driven Decisions
The increase in organizational use of BI and BA suggests that more companies than ever are looking to their data to take the guesswork out of how their business is performing. Using BI strategies, they can compare data from multiple departments to get a clear picture of just how their business is working. Then with BA they can plan a corrective course, bring in new solutions, or stay on the same trajectory if the data says so.

If you are interested in getting started using your data to your organization’s benefit, call the IT professionals at Microtechs today to discuss how they can help you warehouse your data and get you the analysis software you need to start running a smarter business. Call us today at (415) 246-0101 to learn more.

Tip of the Week: Functional Excel Features
The Nigelthorn Malware is a Lot Less Friendly than...

Related Posts



No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Saturday, February 16 2019

Captcha Image

Mobile? Grab this Article!


Tag Cloud

Tip of the Week Security Best Practices Technology Business Computing Network Security User Tips Productivity Privacy Tech Term Smartphones Efficiency Internet Hardware Malware Cybersecurity Data Communication Email Microsoft Passwords Android Innovation Browser Google Cloud Mobile Device Network Communications Wi-Fi Ransomware Software Mobile Devices Small Business Collaboration IT Support Saving Money Data Backup Managed IT services Business Management Applications Internet of Things Data recovery Backup Users IT Services Wireless Windows 10 Holiday Hosted Solutions Business Outsourced IT VoIp Managed IT Services Employer-Employee Relationship Information Smartphone Cloud Computing Business Intelligence Blockchain Hackers Marketing Workplace Tips Networking Social Media Cost Management Facebook Managed IT Service Compliance Password G Suite Phishing Government Bandwidth Wireless Charging Analytics Router Virtual Assistant Excel Remote Monitoring and Management BDR Virtualization Access Control Automation Computer Data Breach Patch Management Microsoft Office Mobility Data Protection Connectivity Data Management Artificial Intelligence Gmail Cortana Medical IT Data Security Miscellaneous Apps Tech Terms Remote Computing Computers Save Money Managed Service VPN Telecommuting Document Management Plug-In Business Continuity Chrome Dongle PowerPoint Battery IT budget Touchscreen Server Management Sales Profitability iPhone Staff Conferencing Internet Explorer eCommerce Physical Security GDPR E-Commerce Unified Communications Hard Drive Word File Sharing Downloads Lead Generation Telecommute Database Paperless Office Proactive IT Upgrade Sports Microsoft Office 365 Tablet Environment Eliminating Downtime Office Threat Online Shopping Laptop Storage Payment Twitter RAM Tip of the week Processors Data loss Cybercrime Office 365 Wearables Backup and Disaster Recovery Trends Bring Your Own Device Workers Digital Certification Law Enforcement IT Management e-waste Amazon BYOD Websites Content Filtering Printing Dark Web instant Messaging Business Technology Inventory Vulnerability Spam Tactics Telephony Reporting Healthcare Hard Drives A.I. Hybrid Cloud Troubleshooting Millennials User Tip Server Microsoft Teams Authentication Knowledge disposal Spyware Wireless Internet Safety Paper Settings Error Vulnerabilities Mobile Security Update How To Virus Comparison Voice over IP Big Data Gadgets SSD Movies WannaCry Cables Edge Analysis Training Company Culture Authorization Machine Learning Value HP Help Desk Ink Operating System Voice over Internet Protocol Outlook Apple Antivirus Specifications Maintenance SaaS Personal Information User Security HIPAA Security Cameras Technology Tips Streaming Media Network Attached Storage Managing Stress Disaster Recovery Regulation Thank You Printers Congratulations Alert Cryptocurrency Quick Tips