Difference Between Business Intelligence and Data Analytics
Using the data from the past, business intelligence helps you in decision making by leveraging different techniques. BI is a broad term that involves three steps: 1) Data mining 2) Data analytics 3) Big data The CEO and the founder of Big Data Startups, Mark van Rijmenam says that "the difference between Business Intelligence and Data Analytics lies in the fact that Business Intelligence helps in making business decisions based on past results while data analytics helps in making predictions that are going to help you in the future." How data analytics contribute to the business world: We are living in a time where everything is driven by data, and with every second that passes by and every child that is born more and more data will be produced. And it's very important that we learn how to manage that interpret this data so we can it can be used to study the past and form a future. The business world is now adopting this perspective and uses the techniques of data analyt...