What is Business Intelligence and Analytics?

Question

What is Business Intelligence and Analytics?

Answer 1

Business intelligence and analytics are solutions for data management. Many organizations use BI tools in order to collect historical and current data using statistical methods and software to analyze data and get valuable insights to make informed decisions for the organization.

Also, it helps in identifying patterns and trends without giving much attention to predicting the business future. On the other hand, business analytics deals with the reason why the past data is in the given state. It uses these reasons in order to make future business predictions to analyze the data properly. It also helps the organization to interpret future results.

If you wish to become a successful Business Analyst then you must sign up for Microsoft Business Intelligence course.

Also, you must watch this video tutorial on Business intelligence and analytics: