Business Analytics

Definition of Business Analytics Hierarchical Category as it relates to Business, Business Analysis

Business Analytics is a field that utilizes statistical and operations analysis, data interpretation, and computer programming to drive business performance and decision-making. It involves the study of data through statistical analysis, predictive modeling, and other techniques to identify and capitalize on trends and patterns. This field is closely related to Business Analysis, which focuses on identifying business needs and determining solutions, often through the improvement of business systems or processes. Both fields are fundamentally rooted in the broader category of Business, which encompasses all activities related to the production, buying, selling, and distribution of goods or services.

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