Difference between Business Intelligence and Business Analytics
Some of the key differences between business intelligence and business analytics is mentioned below in a meaningful way as shown:
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Business Intelligence |
Business Analytics |
|---|---|
|
BI is about understanding a company past and present. |
It is about predicting future outcomes of actions taken by the companies |
|
It focuses on data management and descriptive statistics. |
It focuses on data analytics and predictive analytics followed by prescriptive analytics and so on. |
|
BI tools are designed to give a insight into company’s performance over time. |
The tools are designed to help us make better decisions about how to optimize operations in future. |
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Some tools of BI are SAP BusinessObjects, Qlik Sense, Power BI and so on. |
Some tools of BA are MS Visio, MS office tools, Google docs, and Word processing. |
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BI mainly used by IT departments and their business vendors. |
It is mainly used by business departments and consultants. |
What is SAP Business Intelligence (BI)?
SAP Business Intelligence, or BI in short, is a program developed by SAP SE to simplify the management and analysis of vast amounts of data. It also offers users access to resources for collecting, archiving, prepping, and analyzing information from multiple sources within an organization. The main purpose is to empower businesses with useful data so that they can make better decisions and optimize operations by providing actionable insights. It offers companies the power to enhance their operations, maximize resources, and gain a competitive edge in the market.
SAP BI
Table of Content
- Introduction to SAP BI(Business Intelligence)
- What is SAP BI?
- What is SAP BI used for ?
- How does SAP BI works?
- SAP Business Intelligence tools and systems
- Difference between Business Intelligence and Business Analytics
- Examples of SAP Business Intelligence in action:
- Advantages of SAP BI
- Disadvantages of SAP BI
- Conclusion