BI vs BA.AKSR
ANNA KAREN SANCHEZ RIVERA
Created on March 21, 2024
Over 30 million people build interactive content in Genially.
Check out what others have designed:
LAS ESPECIES ANIMALES MÁS AMENAZADAS
Presentation
POLITICAL POLARIZATION
Presentation
WATER PRESERVATION
Presentation
PROMOTING ACADEMIC INTEGRITY
Presentation
ARTICLES
Presentation
AGRICULTURE DATA
Presentation
THE OCEAN'S DEPTHS
Presentation
Transcript
By Anna Karen Sánchez
Business Analytics VS Business Intelligence
Conclusion
MD Example
Mapping Decisions
Differences
Definition BI/BA
Introduction
TABLE OF CONTENT
Definition and main differences
01 BI and BA
Used to derive new insights by answering questions like:
- What will likely happen if this trend continue?
- What´s next?
Business Analytics
Business Intelligence
vs
Forward lookingpredicts future trends
Backward lookingCatalogue past data, drill-down query
Primarly answers predefined questions like:
- What has happened?
- When did it happened?
- Who, what is the trend, how often?
Definition and Example
02 Decision Mapping
Key Components
4 Basic Elements
A method for creating a visual representation of the logical structure of a decision-making process.
Decision Mapping
- The process
- The product
- Problem
- Possible solutions
- Reasons in favor of and/or against
- Evidence for thinking those reasons are true
STRUCTURE
EXAMPLE
- Get faster answers to your business
- Eliminate guesswork
- Better strategic decisions
- Improved Control of operation processes
- Better understanding with 360-degree view of customers
- Cost Reductions
- Business intelligence and analytics lead to ROI
CONCLUSION
This tools and strategies helps us in several areas of the company:
- Baize, M. (2023, 12 abril). Decision Mapping: A Method for Improving Decision Making. https://www.wwt.com/article/decision-mapping-a-method-for-improving-decision-making
- Kela, P. (2023, 7 diciembre). Business Intelligence vs. Business Analytics: Key Differences. SoftwareSuggest Blog. https://www.softwaresuggest.com/blog/business-intelligence-vs-business-analytics/
- Nelito Solutions. (2017, 1 septiembre). Business Intelligence vs Business Analytics | BI & Analytics Solution. Nelito Systems Pvt. Ltd. https://www.nelito.com/blog/bi-analytics.html
REFERENCES
Thanks!!