"Hello Vincent, there seems to be no conflict here - was it Albert Einstein who said that "The greatest scientists are artists as well."? Based on this premise alone, you must be a very exceptional scientist... Your work on DSC is surely a…"
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"Thanks, Stephanie, this is a great analogy!
Mathematics is controversial; while it is a subset of science in a broader sense of being "systematized knowledge", some titans like Richard Feynman reportedly argued that "...…"
"Part of me is mathematician. But I think of me as an artist more so than a scientist. But it's just me, I guess. "
"Alex,
Well, yes...and no. You could argue that BI is a subset of BA, but...Mathematics is also a subset of science.
If you were looking to hire a mathematician, you wouldn't hire someone with a general science degree and hope for the best.…"
"Thank you for sharing your thoughts, Stephanie!
I fall into the BI being a subset of BA camp. Some of the definitions of Business Analytics include: Descriptive, Diagnostic, Predictive, and Prescriptive. Traditional Business Intelligence usually…"
Gabriel Martinez Audante liked Stephanie Glen's blog post Business Intelligence vs Business AnalyticsBusiness Intelligence vs Business Analytics
Business Intelligence (BI) and Business Analytics (BA) are both used to interpret business information and create data-based action plans. The two terms are frequently used interchangeably, and many people consider one to be a subset of the other (there's some disagreement about whether BI is a subset of BA, or BA is a subset of BI). However, it might be more accurate to describe them as two arms of successful business planning: BI tells you the current state of operations, while BA focuses on…See More
"Predictive analytics in most cases is already *meant* to inform case-by-case actions — driving a decision by way of each per-individual predictive score. That is to say, it is already by design “prescriptive,” and introducing the…"
Profile Information
- Short Bio
- Stephanie Glen is Editorial director at DataScienceCentral.com. She is a mathematician and statistician. After working for several years teaching mathematics and statistics at the university level, she created and developed the website StatisticsHowTo.com.
- Field of Expertise
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- Professional Status
- Executive
- Years of Experience:
- 14
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- Andale Publishing, LLC
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- Mathematics Education
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- CEO
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Stephanie Glen's Blog
Business Analytics vs Data Analytics in One Picture
Posted on January 18, 2020 at 7:12am 0 Comments 0 Likes
In my previous post, I discussed the differences between Business Intelligence and Business Analytics. Two other terms that are often confused are Business Analytics and Data Analytics, but they are actually quite separate entities. This one picture highlights the differences between the two…
ContinueBusiness Intelligence vs Business Analytics
Posted on January 9, 2020 at 7:51am 5 Comments 3 Likes
Business Intelligence (BI) and Business Analytics (BA) are both used to interpret business information and create data-based action plans. The two terms are frequently used interchangeably, and many people consider one to be a subset of the other (there's some disagreement about whether BI is a subset of BA, or BA is a subset of BI). However, it might be more accurate to describe them as two arms of successful business planning: BI tells you the…
ContinueBusiness Intelligence Analytics in One Picture
Posted on December 27, 2019 at 9:58am 0 Comments 2 Likes
Business intelligence is an umbrella term covering a variety of ways to collect, store and analyze business operations and activities data. This one picture shows you the different processes and methods that make up the business intelligence sphere.
References…
ContinuePredictive Analytics vs Prescriptive Analytics in one picture
Posted on December 24, 2019 at 11:35am 1 Comment 3 Likes
Predictive analytics, prescriptive analytics and the fairly recent offshoot-- discovery analytics-- can all support business decision making. Although the three tools are very similar in that they build off the same analytic foundation, the types of decisions they support are quite different. This one picture explains the differences between the three methods.…
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