While business intelligence (BI) involves taking a thorough look at past, present and historic operations and collecting data, business analysis (BA) is about using the data to identify the current challenges and predicting future hardships and gearing business towards better productivity and a more stable future. With the emergence of […]
Differences
In years past, Business intelligence (BI) was something only big blue chip companies could enjoy. Mainly because employing analytics software was expensive, and it required building data centres and hiring IT specialists, who are also expensive. BI systems have, over time, become less expensive and have become a useful way […]
Are you a businessman or an entrepreneur? Have you ever wondered what’s the difference between the two? Business people and entrepreneurs have many similarities. They both provide jobs for the unemployed, give solutions to the consumers, and help in developing the economy of a certain nation. However, they are not […]
A popular saying among industry professionals — “data is the new oil” — implies that data, when harnessed (or, like oil, “refined”) properly, can provide high value. And they’re not very far off from the truth. In the last two decades, many organizations have added business intelligence features to their […]
Certain qualities define the entrepreneur as a subset of business owner. Theorists refer to entrepreneurs alternately as individuals who initiate change and individuals who exploit in-progress change by identifying and seizing opportunities to alter the status quo, despite the risks of early adoption. Social entrepreneurs are a type of business […]