Any organization in the world, the term Business Analysis and Business Analytics are often used. There are some similarities between the two process. These are as follows:
- Build Project based on requirements
- Find Solution to the project
- Analyse the business prepare the improvement documents
Business Analysis is recognizing the business needs and find the solutions based on their business requirements. The solutions include a system development component. It consists of change management, strategic planning and policy development etc.
Business Analytics is the collection of tools, techniques and skills which analyse the past business data. Based on past performance help to prepare the future insights. Business Analytics mainly focus on data and statistical analyses.
