631-905-9617    Get SUPPORT

Suffolk Computer Consultants 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 Suffolk Computer Consultants 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 631-905-9617 to learn more.

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


No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Wednesday, December 19 2018
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Mobile? Grab this Article!

QR-Code dieser Seite

Tag Cloud

Tip of the Week Security Technology Best Practices Business Computing Cloud Privacy Network Security Cybersecurity User Tips Tech Term Managed IT Services Malware Backup Productivity Communications Microsoft Smartphones Internet Communication Google Business Management Business Outsourced IT Hardware Hosted Solutions Email Passwords Software Hackers Browser Efficiency Data Backup Data Recovery Android Ransomware VoIP Wi-Fi Small Business Windows 10 Social Media Cloud Computing Mobile Device Applications Save Money Alert IT Support Smartphone IT Services Microsoft Office Employer-Employee Relationship Users Innovation Miscellaneous Saving Money Internet of Things Business Intelligence Router Network Mobile Devices Collaboration Computer Twitter Bandwidth Data Apps Managed IT Services Data Management Phishing Networking Holiday Virtualization Excel Wireless Office Patch Management Settings Vulnerability Automation Password BDR Analytics Information VoIP Blockchain Government Marketing Access Control Data Breach Gadgets Business Continuity Workplace Tips Remote Monitoring Retail Compliance Website Office 365 Artificial Intelligence Law Enforcement How To WiFi Cybercrime VPN Workers Wireless Charging Spam Data Protection Physical Security Managed IT Service Scam BYOD Mobile Device Management Gmail Battery Remote Monitoring and Management Tech Terms Connectivity Company Culture Dark Web Cortana Politics Virtual Assistant App Chrome Windows Tip of the week Remote Computing Hacking Virus Productivity Managed Service Paperless Office IT Support Word Computers Cost Management Websites Microsoft Teams Entertainment Biometrics Multi-Factor Security Conferencing Document Management Tactics Managed IT Facebook Shortcut Storage Big Data News Office Tips Automobile Disaster Recovery Eliminating Downtime Email Management Sales HIPAA e-waste Botnet Recovery Licensing Online Shopping Trends Paste iPhone SSD Cleaning Printers Plug-In Millennials IT budget PowerPoint Maintenance Upgrade Telephone System Managing Stress Access Cables Content Filtering Digital Internet Explorer CrashOverride Error Wireless Internet Tablet Hard Drive disposal Hard Drives Travel Machine Learning A.I. Troubleshooting Inventory Proactive IT IT Management Sports Antivirus Dongle G Suite Voice over Internet Protocol Edge Threat Server Touchscreen Google Maps Education Smart Technology Help Desk Knowledge Processors Value Phone System Reporting Live Streaming Telecommute Movies Update Telephone Systems Two-factor Authentication File Sharing Lead Generation Mobile Security Files Telephony Remote Support Bring Your Own Device SaaS User Tip Laptop Printing Microsoft Office 365 Unified Communications Certification Google Drive Comparison Spyware Medical IT WhatsApp Data loss Outlook Remote Control Tech Support User Security Operating System Staffing Analysis Voice over IP Network Attached Storage Streaming Media Spotify Hosted Solution Technology Tips Hybrid Cloud Amazon Safety Paper Authentication Staff RAM Information Technology Mobility Specifications HP Database Hiring/Firing Gadget GDPR Profitability Spam Blocking Business Technology WannaCry Environment eCommerce Server Management Downloads Copy Apple Backup and Disaster Recovery Printer Server Telecommuting Ink Work/Life Balance Authorization Freedom of Information IP Address Unified Threat Management Customer Service Quick Tips Yahoo Leadership Mobile Office Encryption Current Events Regulation Domains Search Computer Care Windows 10 Personal Information Vendor Management Net Neutrality Autocorrect Public Speaking Gaming Console Presentation Avoiding Downtime Dark Data Lithium-ion battery Scheduling Samsung Scalability Augmented Reality Synergy Managed Service Provider Video Games Wireless Technology 5G IBM DDoS IaaS Instagram Worker Television Hacker Money Credit Cards The Internet of Things Emoji Budget Emergency Employer Employee Relationship Customer Relationship Management Fun HaaS Competition Printer

Newsletter Sign Up