Business Intelligence Vs
Business Intelligence Vs
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Discover what business intelligence and data analytics are, the key
differentiators between these two disciplines, how they apply to the health
care industry, and what types of jobs are available in this space for you to
pursue.
You commonly use data visualization tools to create charts and graphs that
showcase trends and insights that can be included on dashboards and
reports. Management can then leverage the information presented from this
analysis to make important decisions about what strategies they deploy and
what trends to pay attention to. The end goal of business intelligence is to
create digestible, easy-to-understand reports to present to key stakeholders
that showcase actionable insights and market trends.
Different forms of data analytics exist within the overall discipline, each
focusing on driving specific outcomes for organizations. Four of the main
types of data analysis are:
Health care professionals rely on data and use business intelligence and data
analytics to extract key information, perform analysis, and generate reports
and visualizations showcasing important metrics and outcomes. Compared to
other industries, health care organizations have taken longer to adopt
business intelligence and data analytics to enhance their work, but these
disciplines are acting as a catalyst in transforming the industry for the
future.
Scope
Techniques
Purpose
In general, the main purpose behind business intelligence and data analytics
differ. Business intelligence aims to generate insights from information and
data that aid in making business decisions within an organization. For data
analytics, the main purpose is to discover key trends and patterns within
data that inform predictions about future outcomes.
Time frame
Types of data
Data analytics works with complex data sets ingested from various sources
that can sometimes be unstructured. The techniques and tools used in data
analysis allow you to handle this type of data. Business intelligence,
however, commonly performs analysis from data stored in a database from
its organization. These data sets are often already organized, cleansed, and
structured before business intelligence begins.
Complexity
As you can see from the types of techniques and data relevant to each
discipline, data analytics tends to be more complex, requiring a specific set
of skills and knowledge of techniques, such as programming. While some
training may be necessary to start with business intelligence, this discipline
is more accessible and requires less specialized skills.
Data volume
Granularity
Employers in health care today are actively looking for professionals with a
data analysis skill set and a strong understanding of business intelligence
fundamentals. A few of the top in-demand health care careers related to
business intelligence and data analytics include:
Data scientist
Your goals in this position align with those of a health care business
intelligence analyst; however, you focus on creating and maintaining critical
business intelligence infrastructure used by your organization to manage
data. The systems and tools you handle in a developer role include data
models, various reporting services, dashboards, and graphs and charts built
from your data.
To learn more about business intelligence, data analytics, and the common
tools and software utilized by professionals in these disciplines, completing a
course or receiving a relevant Professional Certificate is a great place to
start. On Coursera, you can enroll in some of the top courses in the world.
If you are interested in pursuing a career path more related to data analytics,
check out the Microsoft Power BI Data Analyst Professional Certificate. This
certificate program features the ability for you to learn the most in-demand
business intelligence skills to prepare you to attain a job in this field within
five months. You can learn how to connect data sources, transform your data,
and how to prepare Excel data for analysis.
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