Resolved: analysis vs analytics
can we simplify that analysis is mainly qualitative and analytics is quantitative?
Thanks
Hi Intan,
Thanks for reaching out.
In fact, both analysis and analytics can be qualitative or quantitative. However, if the terms should be correctly applied, analysis will refer to the past/historical data of the company, while analytics will deal with predictions about its future performance.
Hope this helps.
Kind regards,
Martin
Hi Intan,
If I got the video right, Analysis can be both quantitative and qualitattive. Same for Analytics. Main difference I got is that Analysis focuses on things that have happened before, while Analytics helps us make decisions about the future.
Hi Leke!
Thanks for reaching out.
Indeed! Your comment is spot on!
Good luck and please feel free to post another question should you encounter any difficulties. Thank you.
Best,
Martin,
The 365 Team