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There are many reasons to consider Big data Business Analytics as a career option.
1. Increase in the amount of Structured and Unstructured data - Structured data (as explained succinctly in Big Data Republic's video) is information, usually text files, displayed in titled columns and rows which can easily be ordered and processed by data mining tools. This could be visualized as a perfectly organized filing cabinet where everything is identified, labeled and easy to access. Unstructured Data on the other hand is a massive truckload of seemingly useless data items in your closet which have the capacity to deliver mindbogglingly analysis if stored and analysed in an organised manner. Common Examples of Unstructured data are Emails
Word Processing Files
PDF files
Spreadsheets
Digital Images
Video
Audio
Social Media Posts. Looking at this list we may all guess the rate at which unstructured data content is growing at an unprecedented pace.
2. Demand for Analytics professionals - The current demand for qualified data professionals is expected to grow rapidly. Srikanth Velamakanni, the Bangalore-based co founder and CEO of CA headquartered Fractal Analytics states: "In the next few years, the size of the analytics market will evolve to at least one-thirds of the global IT market from the current one-tenths".
3. Salary of an Analyst -The average pay for a Business Analyst, IT is Rs 587,501 per year (payscale.com)and compare that to the average pay for a Software Engineer is Rs 395,178 per year.
4. Scope of Analytics in future Companies are realizing the importance of using data effectively and focusing on analytics to help in business decision-making. Whether it is research for business decisions or to organise data to come to a conclusion, data professionals are playing a valuable role in every organisation.
5. Companies adopting Business Analytics and Big Data for decision making - Very few MNC's or large and even Mid size companies now work on gut feel. Banks like HDFC, ICICI, Yes Bank all have their own Analytics or BI units. Retail Giants starting from Walmart to the Future group are all immersed in customer data. Ecommerce companies like Amazon, Flipkart, Snapdeal invest hugely in Big data technologies.
All in all there is no reason for anyone to strike off Analytics as a career option if they have interest in mathematics, economics or engineering.
What else can I help you with?
What degree should you pursue in order to obtain a job in web analytics?
A Business Management degree, whether Bachelor's or Associate's, in Internet Marketing would be a great option to consider for someone who is wanting to pursue a job in web analytics.
What is analytics and why should you care about it?
Analytics is used to measure something, usually a business. You can use analytics to find out profibitility, return on equity and many more. If you are a business owner you should understand analytics.
Wanna study Masters in Business Analytics in Australia. Australia is one of the world's leading study destinations for international students. The Master of Business Analytics is a unique course in the field of business analytics?
Masters in Business Analytics in Australia Wanna study Masters in Business Analytics in Australia. Australia is one of the world's leading study destinations for international students. The Master of Business Analytics is a unique course in the field of business analytics. Business Analytics demand has been growing continuously because businesses are collecting and generating vast amounts of data through various channels, including online transactions, social media, IoT devices, and more.
What goals should a business pursue?
tae lang kayo tapos......
CRM Analytics?
CRM Analytics helps users to analyze potential new business opportunities with the help of previous business conversions.
Show the various stages in data warehousing and business analytics and also explain in brief?
show the various stages in datd warehousing and business analytics
which is the best business analytics course in hyderabad?
Advance your career with Excellenc’s comprehensive Business Analytics Course in Hyderabad. Our industry-aligned curriculum and expert instructors provide you with the skills needed to excel in the field of business analytics. Join us to gain hands-on experience and make data-driven decisions that set you apart in the job market. Enroll today to become a business analytics expert in Hyderabad
What kind of school should I attend to study business?
Business schools will give you a more specialized education about business. It would be the better choice if you are positive that is the degree you want to pursue.
What are business analytics used for?
Business Analytics are used to evaluate the performance history of a company or industry in order to improve future performance. Degree programs are offered at many major colleges.
Should you mine diamonds?
If you can assemble a business case for mining diamonds profitably, you may want to pursue this opportunity.
When were business analytics introduced?
The practice of business analytics can be traced back to as far as ancient Greece. However, it wasn't until the late 1700s before the first business practice was documented as a business practice, and not until the late 1800s before business management became a recognized discipline.
Where can I get Business Analytics software for the Macintosh in Anchorage, Alaska?
genuine business analytics software can be bought online by this url www.apple.com/downloads/macosx/business_finance/ It is applicable to any place including anchorage
