We all know that in today’s world, a huge amount of structured and unstructured data are generated all over the world. It is the work of the analysts to study those data and extract useful insights and information from them. As a result, the demand of business analysts has increased as companies look to hire them. In this article, I will discuss about a few reasons why business analytics can enhance someone’s career. Analytics Industry will Rise Enormously by 2021 A study by Business Analytics Careers has revealed that currently the analytics industry in India is worth more than $2.03 billion and it is growing or rising at 23.8% per year. This number can be estimated to be doubled by the end of 2020. A huge part of India’s revenue from analytics comes from the analytics exports to USA. The banking and finance sectors are still the leading contributors of revenue; the start-up companies have also shown a notable contribution in analytics output. Dynamic and Interes...
Modern day companies are progressing in smarter ways to achieve success. They are employing data- driven approaches to recognize the demands of the common people and are setting necessary targets. To analyze the large volumes of collected data, they are recruiting business analysts whose sole job will be to help the company in adopting beneficial strategies. A business analyst collects relevant data, stores and visualizes them, and extracts meaningful trends and develops models to boost the productivity. The role of a business analyst determines the success of a company. They are earning an average salary of around $70,170 annually, according to Glassdoor. The job opportunities in this career are plenty because many companies are switching to data-driven marketing decisions to get sure profits. If you find interest in decoding the facts from huge chunks of data and finding solutions to business problems, then you can become a productive business analyst. You should acquire certa...