Speciation is a very slow process and it results in evolution. Speciation is the process of formation of new species. Small variations in the gene pool of an organism, because of various factors such as mutation, sexual reproduction, geographical isolation, genetic drift, etc. results in formation of distinct species. This process is very slow and takes millions of years.
Speciation
-The formation of new and distinct species in the course of evolution.
Evolution
-The gradual development of something, especially from a simple to a more complex form.