BI vs Analytics - What is Business Intelligence (BI) ? What is Analytics ? [2023]

BI vs Analytics - What is Business Intelligence (BI)? What is Analytics? [2020]
#BI #Analytics #BIvsAnalytics

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Hi Friends, I am Anshul Tiwari, and welcome to our youtube channel ITkFunde.

More about this video -
After discussing datalake, data warehouse, data vault, and data streaming, we will now understand what is Business Intelligence (BI), What is Analytics, and How BI is different from analytics. BI and Analytics are a crucial part of the Data Management paradigm.

There is a very subtle difference between BI and Analytics and both these concepts are so closely related that we hardly come to know when we moved from doing BI to performing analytics.

Business intelligence (BI) works on past and present while analytics gives us insight into the future however analytics can only be done with BI as a base. We will in this youtube video cover the following -

1] What is BI?
2] What is Analytics?
3] Real-life example to understand BI vs Analytics difference
4] Business case example
5] Famous BI and analytics products - SAP BO, SAP BI, Tibco, tableau, salesforce einstein analytics, qlick, etc.

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[mnirapp]

I've been trying to understand the difference for the last week. Thank you so much, this helped a lot

[JLclickk]

Anshul, your explanations are so easy to follow and understand. I've been a technical recruiter for years focusing mostly on software development, and recently have had a few reqs for data engineers, BI specialists, data analysts, etc. and I've been trying to wrap my head around where each role's scope starts and ends. Your videos are extremely helpful with this!!

[somdash]

BI - Descriptive analytics ML & AI - Predictive analytics.

[nimisha]

Great Explanation, Simple n easy to understand.

[venkataramanamurthypasumar]

Your video on this subject has given an excellent insights. Kudos to your vision and talent in presenting the required content in a crisp and simple in layman terms.👌👍🙏💐🌻💯
Would request you to come up with a video on Data science and it's models, which was a source for Data Analytics.👍🌻💐

[makicalo]

Thank you! Doing recruiting works currently and this is a lot of help! If you could also tackle in depth about backend, front end development and testing soon as well as languages I would surely appreciate it! You're doing heaps of help to us brother!

[rmsjrg]

Very well explained! Thank you for the insight!

[denan]

Wooaaahhh!!! Your explanations are amazing. I am starting my journey to get good overview about data but I think I start feeling in love of it due to you. Thanks a lot.

[Vikas-kufp]

GREAT SIR✌✌✌...IT WAS BEAUTIFULLY EXPLAINED

[keyurdgp]

Thank you so much for putting this. Even though I am working in Data industries but probably not clear, especially it some to explaining. Great job on this as wells as all other video.

[adityaeditss]

Very good expanation sir Keept the good teaching, you really helped to understnad BI & Analytics .

[Arunkumar-jump]

Your explanations are too well structured. Thanks mate

[toksmagic]

Great description. Don't you stop teaching! ❤️

[ravindraprakash]

Wonderful explanation with precise information

[shristypipil]

You have explained this very nicely. Thank you so much sir

[mikentopa]

Thanks for all the good explanation. I'm able to make a clear difference between the two.

[sateeshbatchu]

Oracle also has the both products: Oracle BI (OBIEE) & Oracle Analytics (OAC)

[tajmohammadghulamzada]

Great one bro. I would love to know: How to implement (predictive) Analytics on a sample data and get make future predictions. Thank you.

[shymkent]

By far the best explanation about BI vs BA

[venkateshgidugu]

You explained two new concepts (for me) BI and BA with very simple examples but explained very effectively.Kudos guru!