data analytics vs business analytics
Data analytics and business analytics are related but distinct fields. Data analytics focuses on examining datasets to uncover patterns, trends, and insights, often using statistical methods and data mining techniques. It encompasses a broader range of applications beyond business, including healthcare, social sciences, and more. In contrast, business analytics is a specialized subset of data analytics tailored to improve business decision-making and performance. It typically involves the use of data to inform strategic planning, marketing, operations, and financial forecasting within organizations. While both fields leverage data to drive insights, business analytics specifically aims at solving business problems and enhancing operational efficiency.
By: Aindrila
06-Oct-2024 01:23 pm
User Website : https://iimskills.com/data-analytics-vs-business-analytics/
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