What is Business Analytics /Data Analytics?
Business Analytics or Data Analytics is an extremely high-in-demand profession which requires a professional to possess sound knowledge of analyzing data in all dimensions and uncover the unseen truth coupled with the logic and domain knowledge to impact the top-line (increase business) and bottom-line (increase revenue).
Also Google Trends shows the upward trajectory with an exponential increase in volume of searches like never seen before. This is proof enough to back the statements made by Harvard Business Review and the business research giants, that Business Analytics will be the most sort after professional world has ever witnessed.
What is a Data Scientist? Or Rather Who is a Data Scientist?
Data for a Data Scientist is what Oxygen is to Human Beings. This is also a profession where statistical adroit works on data – incepting from Data Collection to Data Cleansing to Data Mining to Statistical Analysis and right through Forecasting, Predictive modeling and finally Data Optimization. A Data Scientist does not provide a solution; they provide most optimized solution out of the many available.
Gartner predicted in 2012 that Data Scientist & Business Analytics jobs will increase to the tunes of Millions by the end of 2015. This is very evident with the rise in job opportunities in various job portals. As a Data Scientist or an aspirant you should not believe us. Go! research for your own and confirm the facts and figures.
Professionals who can consider Business Analytics / Data Analytics Certification Training as a next logical move to enhance in their careers includes:
- Professionals working on Business intelligence & reporting tools
- Professionals working on Data warehouse technologies
- Statisticians, Economists, Mathematicians
- Software programmers (they have an edge in writing code to accomplish a prediction/classification/forecasting model)
- Business analysts (they have an edge in terms of industry/sector/domain experience)
- Six Sigma consultants who already have exposure to statistics
- Freshers (market demand is thriving organisations to hire the freshers trained on analytics).