Many people think that Business Analysis and Business Analytics are the same thing, but the reality is fairly removed from such a perception. So, let's try to find out more about business analytics vs. business analysis.
{requestACallCTA}
What is Business Analysis?
Business analysis can be regarded as the discipline of recognizing the needs of businesses and finding out the solutions to those problems. A Business Analyst ensures that the products and/or services being provided by the technical team of an organization are in line with the requirements of the client. The solution in this case can be the development component of a system. It could also be an organizational change, strategic planning, process improvement, or policy development. Thus, the main business analysis and analytics difference is that business analysis focuses on identifying business needs and improving processes, while business analytics involves using data and statistical methods to derive insights for decision-making.
What is Business Analytics?
Business analytics is the process where you investigate previous business performance by using an amalgamation of tools, skills, and techniques. Such processes help provide you with insights into future performance. Ideally, it focuses significantly on statistical and data analyses.
Also read:- Preparing for MBA: Must-Take Online Courses for BBA Students
Differences between Business Analysis and Business Analytics
Although the difference lies in areas such as requirements and processes followed in both these cases; while business analysis focuses on identifying business needs and improving processes., business analytics is a data driven approach using tools to support strategic decisions. However both disciplines complement each other in enhancing overall business success.
Difference between Business Analytics and Data Analytics
Since business analysis requires both data analytics and business analytics, let us dig deeper and unravel the role difference between Data Analyst and Business Analyst.
Business Analytics and Data Analytics courses offered by Amity
These two are among the leading courses in this regard here in India. For example, in the MBA in Business Analytics program offered by Amity Online you learn data visualization and statistical methods that help you with dynamic data management. The 3-year BBA in Data Analytics from the same university blends cutting-edge data skills with fundamentals of business.
{enrollNowCTA}
Conclusion
No matter which of these professions you want to work in – Business Analysis or Business Analytics – you need proper education at the undergraduate and postgraduate levels to be able to stand a chance of being successful at them. You need to know the fundamentals such as analytics vs. analysis ins and outs. Browse through the courses available on Amity Online, a reputed online university in India and enroll today for a promising career.
Know More About Our Online Programs
