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Data Science vs. BI

The document compares data science and business intelligence. Data science deals with both structured and unstructured data using various algorithms and machine learning techniques to find patterns and insights. Business intelligence analyzes structured data for business decision making through tools like data warehouses and OLAP.

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42 views11 pages

Data Science vs. BI

The document compares data science and business intelligence. Data science deals with both structured and unstructured data using various algorithms and machine learning techniques to find patterns and insights. Business intelligence analyzes structured data for business decision making through tools like data warehouses and OLAP.

Uploaded by

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Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Data Science Vs.

BI

Tushar B. Kute,
http://tusharkute.com
Data science

• Data science is basically a field in which information


and knowledge are extracted from the data by using
various scientific methods, algorithms, and
processes.
• It can thus be defined as a combination of various
mathematical tools, algorithms, statistics, and
machine learning techniques which are thus used to
find the hidden patterns and insights from the data
which helps in the decision making process.
• Data science deals with both structured as well as
unstructured data.
Business Intelligence

• Business intelligence(BI) is basically a set of


technologies, applications, and processes that are
used by enterprises for business data analysis.
• It is basically used for the conversion of raw data
into meaningful information which is thus used for
business decision making and profitable actions.
• It deals with the analysis of structured and
sometimes unstructured data which paves the way
for new and profitable business opportunities.
Business Intelligence

• It supports decision making based on facts


rather than assumption-based decision making.
• Thus it has a direct impact on the business
decisions of an enterprise.
• Business intelligence tools enhance the chances
of an enterprise to enter a new market as well
as help in studying the impact of marketing
efforts.
Business Intelligence – Uses

• Measuring Performance and quantifying the


progress towards reaching the business goal.
• Performing quantitative analysis through
predictive analytics and modelling.
• Visualizing data and storing data in data
warehouses and its further processing in OLAP
• Using knowledge management programs to
develop effective strategies in order to gain
insights about learning management and raise
compliance issues.
Business Intelligence – Skills

• Possession of creative thinking and strong


business acumen.
• Ability to perform problem-solving.
• Knowledge of data analysis to make business
decisions.
• Excellent communication and presentation skills.
• Ability to extract data using SQL.
• Well versed with various ETL (Extract, Transform,
Load) tools.
Data Science – Skills

• Well versed with tools like Python, R, SAS etc.


• Able to perform complex statistical analysis of data.
• Ability to visualize data through tools like Tableau,
Matplotlib, ggplot2 etc.
• Should be able to deal with both structured and
unstructured data.
• Proficiency in both SQL and NoSQL.
• Knowledge of Machine Learning algorithms
• Familiarity with tools of big data like Hadoop and
Spark.
BI – Responsibilities

• Identification of the source system and


engagement in business connectivity
• Focus on key business areas and resolution
strategies.
• Working with the project managers and clients to
define business requirements.
• Performing validation on the data.
• Implementing approved projects and delivering
strategic results.
• Reporting progress of the BI program.
DS – Responsibilities

• Preprocessing and transforming the data.


• Development of predictive models that forecast
future events.
• Fine-tuning the machine learning models and
optimizing their performances.
• Assisting the industries to identify questions
required to be solved.
• Using story-telling for visual communication of
results.
Summary
Thank you
This presentation is created using LibreOffice Impress 7.0.1.2, can be used freely as per GNU General Public License

/mITuSkillologies @mitu_group /company/mitu- MITUSkillologies


skillologies

Web Resources
https://mitu.co.in
http://tusharkute.com

[email protected]
[email protected]

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