Difference between Business Analytics and Business Analysis

Question

Accepted Answer

Business Analytics focuses on data analysis and predictive modeling, while Business Analysis focuses on understanding business needs and recommending solutions.

Business Analytics involves analyzing data to make data-driven decisions and predictions.
Business Analysis involves understanding business needs, identifying problems, and recommending solutions.
Business Analytics uses tools like data mining, statistical analysis, and predictive modeling.
Business Analysis involves techniques like SWOT analysis, stakeholder interviews, and requirements gathering.
Example: Business Analytics may involve analyzing sales data to predict future trends, while Business Analysis may involve identifying inefficiencies in a business process and recommending process improvements.

Difference between Business Analytics and Business Analysis

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