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.
Credits & Resources -
images - pixabay.com
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**About This Channel**
Friends ITkFUNDE channel wants to bring I.T related knowledge, information, career advice, and much more to every individual regardless of whether he or she belongs to I.T or not. This channel is for everyone interested in learning something new!

[@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!!

[@ITkFunde]

Thanks Mate, glad its helping you recruit better ❤️

[@somdash2920]

BI - Descriptive analytics ML & AI - Predictive analytics.

[@kamalakannan9283]

Tq

[@anupambanerjee4718]

BI - Descriptive & Diagonostic Analytics - Predictive & Prescriptive

[@somdash2920]

@@anupambanerjee4718 both are analytics.

[@mnirapp4801]

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

[@denan1606]

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.

[@ITkFunde]

Go for it!

[@user-og8ib9vt7k]

Mashallah Well explained

[@vaishnavixsharma]

THANK YOU FOR THIS SIR

[@ITkFunde]

Thanks Vaishnavi ☺️

[@srujithsunny6022]

It's Very difficult to someone to explain the subtle difference b/w them but you have nailed it.

[@ITkFunde]

Thanks Srujith 🙏

[@nikhil1133]

I was thinking otherway round.... Business Intelligence...is the intelligence of the software which gives future data by using past or current data... and Business Analysis is just about analysing with the current data... thanks for getting it cleared 👍👍

[@venkateshgidugu]

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

[@ITkFunde]

Thanks Venkatesh

[@tanaydiwan3145]

Very well explanation ❤

[@toksmagic]

Great description. Don't you stop teaching! ❤️

[@ITkFunde]

Thanks Toks

[@bharatogirala5635]

Well explained with relevant examples. Easy to understand. Good work!

[@ITkFunde]

Thanks Bharat

[@aination7302]

What you described here is descriptive, diagnostic, and predictive analytics. Business Intelligence is all about performing those types of analysis on the available data to drive business decisions. Once those decisions are implemented, we then analyze the data again to evaluate the results if they worked or not and repeat the cycle.

[@sateeshbatchu5071]

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

[@shilpithapa2558]

Very best video

[@ITkFunde]

Thanks Anshuman

[@venkataramanamurthypasumar4542]

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.👍🌻💐

[@rndcstrategic]

Terimakasih

[@makicalo3366]

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!

[@ITkFunde]

thanks Maki

[@EyiBillion]

Thank you for this explanation. It's mind blowing. I have listened to videos but none has been able to demystify it this much. I am skilled at Power BI and Excel and analyse well with both. I currently work with an FMCG but wants a higher role. What BI language should I speak to land my next big break? Desperate for this. I hope to read from you Thank you

[@ITkFunde]

Hi Eyitayo thanks for your feedback, in BI it really depends whic area you want to choose if you are more on reporting and analytics then Tableau is leading in visualizations but for advancing to next level you should really try to learn data analysis using python you need to know every bit but some libraries like panda and numpy to start with. But with coding you could really move ahead quickly 👍 hope it helps

[@EyiBillion]

@@ITkFunde Thank you. I do Data Analysis well with python. Pandas and numpy. But the company? Well, I will keep updating my skills on it until I find my way into one that appreciates it. Thanks alot

[@chintugoud6297]

Iiiyiu. Unnplo9y7 Up ybygbt bayou lol on j

[@shymkent]

By far the best explanation about BI vs BA

[@ITkFunde]

Thanks 👍

[@datatalksbyjunaid4292]

Great Explanation

[@nimisha4346]

Great Explanation, Simple n easy to understand.

[@boubacaramaiga4408]

Well explained, great, many thanks.

[@zuberkariye2299]

I took an screenshot of the video so I can come back later and find the channel and take notes because I don’t have a notebook at home and it is 4:00 a.m in the USA and i need to go sleep 😴 thanks >3

[@ITkFunde]

Thanks Zuber hope you had a good sleep and you subscribed once you woke up ;) !!!

[@arunkumarn8710]

Same scenario 4.24 am😜

[@adityaeditss12421]

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

[@maheshatakar1146]

Good explanation.....🤝🤝👌👌please keep making the videos....

[@ITkFunde]

Thanks Mahesh ☺️🙏

[@Vikas-ku7fp]

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

[@rrakeshkashyap1993]

Amazing 👏

[@ravindraprakash7343]

Wonderful explanation with precise information

[@victorkissi1473]

UR GREAT GUY

[@ITkFunde]

thanks Victor 🙏

[@amerhonny]

Well explained. thanks

[@Arunkumar-ju9mp]

Your explanations are too well structured. Thanks mate

[@amritabehera09]

Thankyou so much.The explanation is awesome

[@ITkFunde]

Thanks Amrita

[@mikentopa6451]

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

[@soumitrabhattachary1]

Excellent Sir

[@shristypipil3805]

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

[@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.

[@sushilpatil5806]

Thank you sir❤️

[@ITkFunde]

❤️❤️😊🙏

[@kirancrazy393]

Thanks for the worthy information

[@ITkFunde]

Thanks Kiran 🙏☺️

[@avinashnair8433]

This is a very amazing explanation 👏. I really appreciate the efforts you had put in over here 👍 Please make more such informative videos 👍. Also, Can you please tell me how you shoot the video ? Is it on mobile or is it on camera ??

[@CPat-yt6dm]

Excellent. Thanks

[@simrandeepkaur9551]

Clearly explained thank u

[@Forex_and_Fun]

Nice content 💯💯🙏🙏 value of information vol plz teach us this topic sir

[@ITkFunde]

Thankd Falguni sure will try my best to share whatever I learn 🙏

[@rmsjrg]

Very well explained! Thank you for the insight!

[@deepa8322]

Very helpful thanks 😊😊

[@ITkFunde]

My pleasure 😊

[@CromaCampusOfficial]

A great way of explaining both Business Intelligence and Analytics. Thanks for the video really helpful for students.

[@Pure-Paryatak]

Yet another wonderful video. Just wondering how this man is so intelligent. Love you Bhai ..from the core of my heart

[@JESSEIKPE]

Gracias

[@leol6817]

Great explanation

[@gouthamimacharla2616]

Super good explanation

[@ITkFunde]

Thanks Gouthami☺️

[@VCGOKHALE]

superb sir

[@ITkFunde]

Thanks Vaibhav 🙏☺️

[@muhammedshafik317]

Thanku

[@vashimakram123]

FABULOUS

[@ITkFunde]

Thank ypu Vasim

[@dhivyaravi6356]

Thank u brother Helped me for EXAMS And thank u for explaining in English 👍🏻

[@ITkFunde]

Thanks Ravi I am so happy I could be of some help 🙏☺️☺️

[@kelechinjoku7276]

Thanks. Well done

[@tajmohammadghulamzada5290]

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

[@hijazmoulvi4959]

Sir data mining is used to ETL past and present data? It means through data mining we do Business intelligence? Or data mining is also used for analytics purposes. If yes, then how mining is used to do analytics. Can you explain with an example. Thanku for the video.

[@jyotipawar7919]

Nice video 👍

[@ITkFunde]

Thanks Jyoti

[@nasau9532]

WOW U R AMAZING

[@ITkFunde]

♥️🙏☺️

[@jyotiyemul1193]

Simple words and examples yet great explanation!!! keep it up!!!

[@ITkFunde]

Thanks Jyoti

[@AtaRahman-b2d]

Amazing ❤

[@shlomifitness]

Thank you for this video !!! 😊😊

[@ITkFunde]

Thanks Shlomi

[@shawnz9439]

Thanks Anshul. BI vs Analytics are very well explained.

[@karthikca711]

Web servers vs application server vs host server

[@annkanu9860]

This is a very good video.Awesome job in explaining the concepts

[@zahrahmusa2238]

Very simple and clear explanation on BI and Analytics. I am wondering why you didn't mention Power BI? Doesn't it fit into these software categories?

[@Soulenergy31]

Can't agree more with this inquiry!

[@ITkFunde]

Thanks Zahrah it very well does fit into BI, the products shared are some examples and Power BI is something I missed to add

[@billyli5174]

Thank you.

[@rammuthu7741]

Hi I am Ram, Thank you for predicting my future, see you in 2030 !! Lovely video, great explanation 👍

[@ITkFunde]

Thanks Ram :) hahaha

[@geekmuralin]

Thank you sir

[@mraa4950]

Very well explained ! Thank you Which language you need to know to master Salesforce

[@ITkFunde]

3 core programmatic technologies used in Salesforce, its propretiary Lightning Component Framework: A UI development framework similar to AngularJS or React. Apex: Salesforce’s proprietary programming language with Java-like syntax. Visualforce: A markup language that lets you create custom Salesforce pages with code that looks a lot like HTML, and optionally can use a powerful combination of Apex and JavaScript.

[@mraa4950]

@@ITkFunde Appreciate it very much !

[@amaradoumbia8603]

Nice one!

[@ITkFunde]

Thanks Amara

[@azimmalpekar9072]

You are very good at explanations taking correct examples.

[@ITkFunde]

Thanks a lot 🙏☺️

[@bhaveshghelani6403]

Thanks for explaining. It seems analytics and machine learning are same then, analytics being rebranded as ML, correct? Or there is sutle difference between analytics and ML?

[@diehardernxgt2161]

If analytics & machine learning are same, then what's the difference between data analyst & a data scientist??

[@qaz123orama1]

@@diehardernxgt2161 there is a subtle difference between Data Analysts and Data Scientists. A role Data Analyst is an initial role or a starting role for an Analyst in the company but later down to couple of years he/she can be Data Scientist or Data Architect. Per managing process and project Data Analysts will give the analysis report on basis of past data and current data trends for future goals but a Data Scientist can architect and develop more data for big data platform in vast level development for company goals

[@techatuld]

Gr8 Video... easy to understand... but I think you forgot to mention about Microsoft Power BI...

[@ITkFunde]

Hi Atul yes I really did I love Power BI its a fantastic product. Thanks a lot

[@عبداللهمحمد-ط2ش2ق]

God bless ur hands broo😊

[@prithvinoojibail3734]

Well explained. Much love from the bay area!

[@ITkFunde]

Thanks Prithvi !!

[@rajatraj6480]

❤

[@mayasingh4959]

Hi I want to ETl developer course ,do you teach as well

[@zahramohammadinegad5383]

that was great please produce some videos about becoming a BI analysis.

[@ITkFunde]

Thanks for suggestion

[@hamsikagvs]

Descriptive, diagnostic analytics: BI Predictive, prescriptive, cognitive analytics: BA

[@Brasil1980rob]

Perfection is possible - as proven by so many of your videos, including this one. Thank you!

[@satishpatnaik9979]

Thanks Anshul, So you mean to say Business Intelligence is same as Descriptive and Exploratory Analytics ? Please reply..

[@Vermashanks]

yeah I have the same question, are BI and Exploratory analytics one and the same?

[@Vaishnavi.Sri.M]

Can you please explain the MBA Osmania University syllabus of Business Intelligence !

[@deborahwhy3637]

▫️1️⃣so with "business intelligence"> ▫️you "gather" the past and present business "data" 2️⃣▫️& then, with business "analytics"> you "analyze" that gathered data ▫️3️⃣to "predict" a "future" course- path...▫️4️⃣for the: company- business- corporation...enterprise 5️⃣to follow;▫️to "successfully grow the business and profits"!!> (seeking "success")!🤔

[@twinkletiwari8820]

Superb... 👌 keep it up

[@ITkFunde]

Thank you Twinkss !!

[@easyrecipesandcreativevlog9041]

Great explanation, could u please explain about business analyst?

[@ITkFunde]

Thanks for suggestion

[@dhiv1008]

Thank you bro. What is the difference between Business analyst and business intelligence . Could you please explain🙏

[@muhammadfathudzikriaulia8260]

business analyst is a person who are interpreting business needs from stakeholder, analyze it, and formulate it into features and functions that will be given to specific roles, and make sure the function and features developed correctly. While business intelligence is simply a PROCESS to make raw data into meaningful information that gives insight

[@detro690]

Great

[@ITkFunde]

Thanks Kamal

[@salmanadan329]

Sir please would you answer which is more demand in the market BI vs data analysis

[@ITkFunde]

Data Analysis and BI are very closely linked however from career perspective you get into BI and you will anyway learn data analysis

[@salmanadan329]

@@ITkFunde thanks for the reply

[@ITkFunde]

thanks to you for commenting

[@ManjuSrinivasan]

Excellent stuff Anshul

[@ITkFunde]

Thanks Manju 🙏🙏

[@paragind7867]

Fantastic Anshul... Very easy way to understand..

[@ITkFunde]

Thank you so much Parag !!!

[@commonman1271]

Good stuff bro

[@omarzahid9365]

I wish you were there during my uni times

[@ITkFunde]

Thanks Omar ☺️

[@rajashekar4171]

Sir please complete one course Full, make more videos on power BI

[@ChelseaaaL]

thank you~

[@ITkFunde]

Thanks

[@d.kshetty1392]

Thanks 😊

[@ITkFunde]

Thanks DK 🙏

[@heidysanchezrosario7693]

Amazing, thanks for this video. And I think I am Ram 😂

[@ITkFunde]

Thanks Heidy 🤓

[@harshavardhan6028]

The video I very much needed. Thank you

[@ITkFunde]

Thanks Harsha

[@ibrahemtaha8177]

AMAZING video bro!!! you summarized everything in that short video and you did use different and practical examples!! you're amazing bro! plz continue more videos like that!

[@mohammedjouhar6363]

Subscribed :)

[@ITkFunde]

Thanks Brother 🙏☺️