Business Intelligence unlike standard reporting does not have to be rerun every time you want to change a reporting parameter. If you want to look at year to date or quarter to date or “drill” into a record to see what’s behind it you simply move a slider or double click the record. Self-service BI is the answer to the end-user and IT’s prayers. Not having to rerun or rebuild a report to suit the question being asked is huge.

By Abhishek Jain – It is evident from the name that in data analytics, proper analysis of data is done for use in business purposes. In the process of data analysis, data is collected, modeled, and then analyzed for extracting insights. With power BI implementation, decision-making becomes easier for businesses. Depending on the business niche and on the purpose of analysis, various kinds of techniques and methods are used for data analysis.

Today’s business world has become highly competitive as every business is trying to outdo the other. With proper data analysis, it is possible to make scientific and logical business decisions with minimal errors. As a result, businesses can run smoothly and more effectively. While talking about data analytics, it is important to talk about business intelligence and data mining.

Among the various data analysis techniques, data mining is an important one. This mainly concentrates on knowledge discovery and statistical modeling, which are needed for predictive purposes. On the other hand, business intelligence includes the part of data analysis, which is based on an aggregation of facts and data. The main concentration is on business information. Read On: