Difference Between Business Intelligence and Data Science
September 28, 2024 ⚊ 1 Min read ⚊ Views 13 ⚊ TECHNOLOGYBusiness Intelligence (BI) focuses on analyzing historical data to help organizations make informed decisions. It involves reporting, dashboards, and data visualization, enabling businesses to understand trends and performance metrics. In contrast, Data Science encompasses a broader scope, including predictive modeling, machine learning, and statistical analysis. Data scientists extract insights from large datasets, often using complex algorithms to forecast future outcomes and uncover hidden patterns. While BI primarily addresses past and present data for strategic planning, Data Science emphasizes innovation and future predictions, driving data-driven solutions and enhancing decision-making processes across various domains.
Tags: Data Science in Action