Is the Report Builder is different from the Report Wizard in Salesforce. How?

Hi Piyush,

A report builder is a modified form of Report Wizard.  Report Builder, a powerful drag-and-drop editor, is the standard tool for creating and editing reports.Here you can customize the report easily, as you would be able to drag and drop the fields, arrange the columns on-the-go, and even see the preview of your report.

The Report wizard is the old form of reports, where you had to choose the columns, the fields, etc separately before you see the preview or the final reports.

Thanks.