Business Analytics Business Intelligence versus | webmining
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Some time ago, reading a Linkedin group was the question What is the difference between Business Analytics (BA) and Business Intelligence (BI)? . After hearing opinions, read blogs, food presentation pictures niche sites and talk to the pillow arrived at the correct answer is: everyone has an opinion, but nobody knows for sure. Moreover, we believe that we should not worry.
Having worked in this business for over 10 years, we can say with confidence that everyone has a different notion food presentation pictures of any term related to analytical: some talk about Business food presentation pictures Intelligence, International Business Analytics, others Analytics to droughts and other Data Mining.
For example, a provider like SAS Business Analytics food presentation pictures used to indicate a certain level of vertical / horizontal business knowledge related to statistical and predictive analysis. By contrast, when SAP Business Analytics says instead of Business Intelligence, meant that business food presentation pictures analytics is a generic term that includes data storage, business intelligence, enterprise information management, enterprise performance management, analytic applications, risk, etc.
Elsewhere, the Business Analytics defined as "the iterative practice, methodical exploration of data in a company or organization with emphasis on statistical analysis ... for making decisions based on facts". And then define Business Intelligence as "applications and technologies for gathering, storing, analyzing and access to data to help a company or organization to make better business decisions."
Although it seems very subtle, food presentation pictures we We understand that the difference is that Business Analytics makes extensive use of data, statistical analysis, explanatory and predictive models to drive decision making. Instead, Business Intelligence is more related to the generation of data and information to support the same process. This is because there are two things worth differentiating: The commercial aspect of BI, ie, the need to obtain the maximum value of information. This need has not changed in over fifty years (despite the increasing complexity food presentation pictures of the global economy). Most real problems that prevent us from obtaining the value of information (information culture, politics, lack of analytical food presentation pictures skills, etc.) have not changed much in recent decades. The technological aspect of BI, ie, which uses technology to help meet business needs. Naming problems usually arise because "business intelligence" is commonly used to refer to the technological part, confusing everyone.
In particular, as the infrastructure inevitably change over time, providers (especially new ones) become increasingly uncomfortable with what seems a term "old" and wish to exchange food presentation pictures it for a new term that they think will to differentiate its product coverage. Note that when we started in this business, the term used was Decision Support System or Systems Decision food presentation pictures Support, we still think it is a better term in many ways.
We could go back in time and see that the first use of what we now call Business Intelligence was over 60 years ago with the arrival of the first commercial food presentation pictures computer, called LEO (Lyons's Electronic Office), which worked with 6,000 vacuum tubes and had 2KB memory food presentation pictures !!! . One of his first tasks was the preparation of daily orders food presentation pictures that shops J. Lyons Co. (one of the leading companies in the manufacture and distribution of food in the UK) performed and was used to calculate production needs daily , installation instructions, delivery, billing, costing and management reports. In short, the "business intelligence" of those times!
In short, because after all, and if you are in charge of a project Business Intelligence and Business Analytics, what matters is to develop the best way to take the opportunity of the information in your company / organization, technology and put that knowledge in the appropriate place to meet that need business ... and you can call this process as you like ... but perhaps the following table will help you put the name definitiv
Home About Us Contact Customer Fact Sheet About the blog posts Solutions and Services Data Mining and Predictive Models Models Churn Customer Segmentation WinBack Traditional OLAP Services Services In-Memory Analytics Advertising Contact
Some time ago, reading a Linkedin group was the question What is the difference between Business Analytics (BA) and Business Intelligence (BI)? . After hearing opinions, read blogs, food presentation pictures niche sites and talk to the pillow arrived at the correct answer is: everyone has an opinion, but nobody knows for sure. Moreover, we believe that we should not worry.
Having worked in this business for over 10 years, we can say with confidence that everyone has a different notion food presentation pictures of any term related to analytical: some talk about Business food presentation pictures Intelligence, International Business Analytics, others Analytics to droughts and other Data Mining.
For example, a provider like SAS Business Analytics food presentation pictures used to indicate a certain level of vertical / horizontal business knowledge related to statistical and predictive analysis. By contrast, when SAP Business Analytics says instead of Business Intelligence, meant that business food presentation pictures analytics is a generic term that includes data storage, business intelligence, enterprise information management, enterprise performance management, analytic applications, risk, etc.
Elsewhere, the Business Analytics defined as "the iterative practice, methodical exploration of data in a company or organization with emphasis on statistical analysis ... for making decisions based on facts". And then define Business Intelligence as "applications and technologies for gathering, storing, analyzing and access to data to help a company or organization to make better business decisions."
Although it seems very subtle, food presentation pictures we We understand that the difference is that Business Analytics makes extensive use of data, statistical analysis, explanatory and predictive models to drive decision making. Instead, Business Intelligence is more related to the generation of data and information to support the same process. This is because there are two things worth differentiating: The commercial aspect of BI, ie, the need to obtain the maximum value of information. This need has not changed in over fifty years (despite the increasing complexity food presentation pictures of the global economy). Most real problems that prevent us from obtaining the value of information (information culture, politics, lack of analytical food presentation pictures skills, etc.) have not changed much in recent decades. The technological aspect of BI, ie, which uses technology to help meet business needs. Naming problems usually arise because "business intelligence" is commonly used to refer to the technological part, confusing everyone.
In particular, as the infrastructure inevitably change over time, providers (especially new ones) become increasingly uncomfortable with what seems a term "old" and wish to exchange food presentation pictures it for a new term that they think will to differentiate its product coverage. Note that when we started in this business, the term used was Decision Support System or Systems Decision food presentation pictures Support, we still think it is a better term in many ways.
We could go back in time and see that the first use of what we now call Business Intelligence was over 60 years ago with the arrival of the first commercial food presentation pictures computer, called LEO (Lyons's Electronic Office), which worked with 6,000 vacuum tubes and had 2KB memory food presentation pictures !!! . One of his first tasks was the preparation of daily orders food presentation pictures that shops J. Lyons Co. (one of the leading companies in the manufacture and distribution of food in the UK) performed and was used to calculate production needs daily , installation instructions, delivery, billing, costing and management reports. In short, the "business intelligence" of those times!
In short, because after all, and if you are in charge of a project Business Intelligence and Business Analytics, what matters is to develop the best way to take the opportunity of the information in your company / organization, technology and put that knowledge in the appropriate place to meet that need business ... and you can call this process as you like ... but perhaps the following table will help you put the name definitiv
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