Bredy Network Management Corporation Blogs

3 minutes reading time (539 words)

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 BNMC 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 978-482-2020 to learn more.



No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Monday, August 20 2018
If you'd like to register, please fill in the username, password and name fields.

Captcha Image

Subscribe to Our Blog!

Mobile? Grab this Article!

Qr Code

Tag Cloud

Tip of the Week Security Best Practices Technology Cloud Email Privacy Malware Business Computing Microsoft Software Hackers Internet Google Mobile Devices Network Security Computer IT Services Hosted Solutions Ransomware Business Tech Term Smartphone Small Business Android Managed IT Services Backup Business Continuity Hardware Data Recovery User Tips Windows Data Management IT Support Efficiency Saving Money Browser Innovation Windows 10 Cloud Computing Internet of Things Cybersecurity Data Backup Data App Encryption Facebook Server Remote Monitoring Artificial Intelligence Business Management Gmail Network Word Money Disaster Recovery Outsourced IT IT Support Productivity Windows 10 Smartphones Productivity Chrome Managed Service Provider Tip of the week Phishing Communication Analytics Office 365 communications Vulnerability Infrastructure Managed IT Services Website Microsoft Office IT Management Data storage Office Tips Passwords Big Data Robot Employer-Employee Relationship Google Drive Settings Content Filtering Bandwidth Upgrade Applications Antivirus YouTube Government Risk Management Social Media BYOD VPN Data Security Alert Business Technology Maintenance Server Management Managing Stress Firewall Virtual Private Network Spam Computing Outlook The Internet of Things Monitors Vendor Management WiFi LiFi VoIP Save Money Wireless Hosted Solution HIPAA Automation Administration End of Support Mouse Two-factor Authentication Mobile Device Mobile Security Paperless Office Avoiding Downtime Miscellaneous Information Virtual Reality Scam Workplace Tips Apple Business Intelligence SaaS Storage Data loss Unified Threat Management Company Culture Holiday Telephone Systems Dark Data desktop Unified Communications Drones Network Management Mirgation Access Control Recycling Digital Payment Windows 8 Running Cable IoT Dark Web Monitoring Buisness Augmented Reality K-12 Schools Retail Digital Hacker Cookies Cyber Monday MSP Disaster Sports Computing Infrastructure Professional Services Display Deep Learning Virtual Desktop Social Networking Legislation Politics Collaboration Customer Service Touchscreen Chatbots SharePoint eWaste Laptop Star Wars Microsoft Excel Spying Uninterrupted Power Supply Quick Tips Wearable Technology Techology Network upgrade Office Samsung Document Management Spyware Alt Codes Managed IT Nanotechnology Smart Technology Analysis Development How To Alerts Lenovo USB Computer Care IBM Bring Your Own Device Operating System Statistics Motherboard Tablet Cables Tech Support File Sharing Chromebook Solid State Drive Budget Identity Downloads Continuity Social Fraud Mail Merge Cost Management Blockchain Employee-Employer Relationship Information Technology VoIP Downtime Unified Threat Management Smart Office Social Engineering Identity Theft Typing Humor Cybercrime Shortcut Screen Reader Distributed Denial of Service Managed Service Charging Marketing Firefox Licensing Superfish Dongle Training Corporate Profile Best Practice Bluetooth Comparison Wires Websites Current Events Hard Disk Drive Solar Automobile Gadgets Address Assessment Permissions PowerPoint Dell Apps User Error Work Safety Cryptocurrency Patch Management Smart Tech Managed IT Service Going Green Customer Relationship Management Cooperation Service Level Agreement Remote Computing WannaCry Google Docs Router Specifications Voice over Internet Protocol Cabling IT solutions Onboarding Network Congestion Heating/Cooling Compliance Multi-Factor Security Google Maps Education Hacks Users Halloween Hotspot Internet Exlporer Google Wallet Time Management IT Technicians Printer Optimization Bitcoin Connectivity Break Fix Slack Printing Staff Networking Leominster Writing Business Growth Search Modem Black Friday FinTech Wi-Fi Language Emergency Value Computers Legal Servers Regulations Google Calendar Password Scary Stories Update Cameras Tracking Computer Repair Relocation Meetings Cleaning Mobile Data Mobile Device Management Recovery CCTV How To Work/Life Balance Health Private Cloud Webcam Black Market Mobile Computing Law Enforcement Error Point of Sale Ben McDonald shares Notifications Electronic Medical Records Twitter BDR Physical Security Travel Emoji G Suite Upgrades Gadget Crowdsourcing Supercomputer CrashOverride Regulation Staffing Personal Information Botnet Motion Sickness Cortana Taxes 3D Printing Administrator Web Server what was your? IT Budget Processors GPS Machine Learning Virtualization IT Consultant Unsupported Software

Sign up for our Newsletter!

  • Company Name *
  • First Name *
  • Last Name *

      What Our Clients Say

      • BNMC has provided us with nothing less than outstanding service and results for all of our IT needs for the past few years. Every member of their staff is professional, knowledgeable, friendly and eager to solve any problem...
      • 1
      • 2
      • 3