Contact us today!
217-428-6449

Network Solutions Unlimited Blog

In Business, What’s the Differences Between Intelligence and Analysis?

In Business, What’s the Differences Between Intelligence and Analysis?

There’s a big difference between running a smart business and making smart business decisions, although one could say that one contributes to the other. More businesses than ever before are looking to their data to create better opportunities and make smarter decisions. We’ll take a dive into what the differences are between business intelligence and business analysis, as well as how they can contribute to your organization's success.

Before we take the plunge, we want to inform you that in order to best understand the two terms, you’ll need to have data collection platforms in place that allow you to analyze data. If your organization doesn’t store data properly, it becomes difficult to analyze it. Therefore, if you have plans to analyze your data, you should make plans to have it stored in a single place where it can be read from, making it much more feasible to take advantage of.

BI vs BA
The biggest difference between business intelligence and business analysis goes back to the roots of language. Business intelligence is a noun, whereas business analysis is a verb. Business intelligence is a system put into place to collect and analyze data, while business analysis is the actual act of doing the analyzing. Both of these purposes require significant amounts of data to work as intended, even if they both work in different ways.

Business Intelligence
A business intelligence strategy is built for the purpose of analyzing the business in its current form. In this case, the more you know about your business, the more effectively you can make decisions about the future of your organization. When you hire a business intelligence professional, their job is to analyze the data to find answers to your most pressing business needs. Your organization uses the information found during these processes to improve your operations, whether it’s through changing up the way things are done or by implementing new solutions. Basically, BI’s value is in providing enough information about your business’ operations to create data-driven decisions.

Business Analysis
Business analysis consists of enabling the changes that need to be done by finding and resolving gaps in the way your organization manages itself, be it in production or solution implementation. Business analysis means that your organization takes the information that a BI system has provided to create solutions for your business’ woes. Sometimes they can be used to predict changes in the market or determine the best audience for a particular good or service.

Data-Driven Decisions
This increase in organizational use of BI and BA make it clear that more businesses than ever before are taking advantage of their data in exciting new ways. Through the power of BI, businesses can create strategies to hone in their operations and create opportunity for improvement, while BA can help you either implement new solutions or stay on track toward your goals.

Network Solutions Unlimited can help your business get started. To learn more, reach out to us at 217-428-6449.

Tip of the Week: How OneNote Helps Your Project Ma...
The Chrome Browser is Redefining Your Security
 

Comments

No comments made yet. Be the first to submit a comment
Already Registered? Login Here
Guest
Monday, February 18 2019

Captcha Image

Mobile? Grab this Article!

QR-Code

Tag Cloud

Passwords Projects Samsung History Health Remote Monitoring FAQ Printers Updates Mobile Security Miscellaneous Google Maps Redundancy User Tips Scalability Shadow IT Monitor Private Cloud Cost Management Update Identities Paperless Office Recovery Computers Unsupported Software Hyperlink VPN Techology Remote Computing Tablets PDF Scam Tech Term Virtualization Applications Chromebook BDR Apps Google Docs Dark Web Meetings Financial Technology Data Theft Data Breach Two Factor Authentication Android Vendor Avoiding Downtime Password VoIP Internet exploMicrosoft WIndows Server 2008 Microsoft Office Microsoft End of Support Computer Care Benefits Hosted Solution CrashOverride Webinar Data Firewall IT Services Law Enforcement Rootkit Content Communications Telephone Customer Google Drive Devices HBO Compliance Computing Infrastructure Email Big Data Security Google Assistant Internet Artificial Intelligence Worker Commute Keyboard Training Cortana Video Games File Storage Cloud Hard Disk Drive Mobile Device Management Remote Workers NFL Gamification Saving Money Employer-Employee Relationship Websites Collaboration Data Protection Unified Threat Management Cloud Computing Managed IT Services Legislation Business Continuity Screen Mirroring Cybersecurity Monitoring Social Media Chrome Nanotechnology Document Management Management Efficiency Holiday Credit Cards SMB Data Backup Computer Reputation Proactive Spam Blocking Physical Security Ciminal Hardware WiFi Instant Messaging Browser Information Social Engineering OneNote IT Service Travel Windows 10 Microsoft Excel Hacking Human Resources Word Save Money User Error Identity Theft Two-factor Authentication Server Sports Humor Monitors Wasting Money Gadgets Windows Ink Managing Stress Project Management Patch Management Consultant Spyware Smartphones BYOD Mobility Mobile Devices Search Employee Administration Application Thank You Hard Drives Disaster Recovery Transportation Peripheral Facebook How to Managed IT The Internet of Things Value Users Encryption Outsourced IT Utility Computing Students Employee-Employer Relationship Work/Life Balance Tech Support Bring Your Own Device Office 365 Loyalty Sales Excel Co-Managed Services Network IT Management Audiobook eWaste Managed Service Provider Money Data Management Safety Licensing Business Owner Analysis Storage USB Books Files Education Memory Amazon hacker Gmail App store Save Time iOS Congratulations Keyboard Shortcuts Content Filter Wi-Fi Worker Software Mobile Device Smart Tech Windows 10s Hybrid Cloud Bandwidth Smart Technology Device Security Windows 10 Experience Evernote Computer Accessories Advertising Data Storage WPA3 Regulation Upgrades Entertainment Troubleshooting Payment Cards Vendor Management HaaS Productivity Wireless Charging Computer Fan Marketing Network Security Shortcut Information Technology Windows 7 Antivirus Malware Hosted Solutions Public Computer Automobile Commerce Television App Camera Electronic Medical Records Government Security Cameras Data Security WannaCry Networking Root Cause Analysis Telephone Systems Ransomware Flexibility Public Cloud IT solutions HIPAA Twitter Bluetooth Audit Gifts Best Practices Automation Connectivity MSP Solid State Drive Cache Wireless Internet SaaS Business Computing Printing Touchpad Retail Virtual Private Network Access Control Settings Conferencing Cleaning Hiring/Firing Battery Business Management Wasting Time Employer Employee Relationship Streaming Media File Sharing Language Testing Accessory Windows IT Support Operating System Hackers Phishing Black Market Spam Office Charger Data storage Quick Tips Communication Politics Robot Assessment Managed IT Services Business Admin Maintenance Virtual Reality Emails Cybercrime Financial Legal Data Privacy IoT Saving Time Outlook Adobe Hard Drive Managed Service Internet of Things Business Intelligence Computer Forensics Specifications Productivity Augmented Reality Data Loss Internet Exlporer Virus Mobile Workplace Tips Comparison Best Practice Virtual Assistant IT budget Microsoft Word PowerPoint Office Tips Chromecast Cast Relocation Phone System Wireless Data Recovery Technology Blockchain Google Backup and Disaster Recovery Sync How To IT Solutions Alert Content Filtering Business Technology Privacy Machine Learning Colocation Workers iPhone Vulnerability Payroll Apple Professional Services Identity Innovation Touchscreen Unified Communications Emergency Display Alexa for Business IT Support Edge Upgrade Fraud Smartphone E-Commerce Computing Personal Information Laptop Small Business Company Culture Going Green Downtime intranet Managed IT Service Proactive IT Risk Management Router Lifestyle Backup Budget Tip of the Week Wireless Technology Software as a Service