Business analytics (BA) refers to the skills, technologies, practices for continuous iterative exploration and investigation of past business performance to gain insight and drive business planning. #Business #analytics focuses on developing new insights and understanding of business performance based on data and statistical methods. In contrast, business intelligence traditionally focuses on using a consistent set of metrics to both measure past performance and guide business planning, which is also based on data and statistical methods. Business analytics makes extensive use of analytical modeling and numerical analysis, including explanatory and predictive modeling, and fact-based management to drive decision making. It is therefore closely related to management science. Analytics may be used as input for human decisions or may drive fully automated decisions. Business intelligence is querying, reporting, online analytical processing (OLAP), and "alerts." Types of answers you will find in this video are: what is business analytics types of business analytics importance of business analytics business analytics overview business analytics tools business analytics business analytics process ⭐️ Credit ⭐️ Created By: IIBM Institute of Business Management License: Creative Commons Attribution license (reuse allowed) ⭐️ Join Us ⭐️ Join our FB Group: https://www.facebook.com/groups/cslessonLike our FB Page: https://www.facebook.com/cslesson/ Website: https://cslesson.org/