Contact Us
×

Category: Technology

Analytics, Change Management & Technology

How do I get Certified in Change Management?

Posted on by Imarticus Learning

What is Change Management?

Change Management is a process which helps organisations/firms to cope up with the changes/development. Whenever a firm takes on a new project or training course to develop their business capacity, it requires a change. You must have heard that “change is the nature of development.” But it is the employees of any particular firm who have to adapt quickly. If they fail to do so, the company might witness a loss.
Change management helps individuals to grasp new technologies faster and adapt to the current circumstances. There are a lot of jobs in this field ranging from Talent Manager to Change Management Manager. The average salary in change management in the United States is $115,173 per year. One can get a certification in change management in various ways. Let us see how to get certified in change management in this article.

How to train

There are business schools that offer MBA courses with specialisation in Change Management. With all the technological advancement/innovation going around, it can be tough for even the top ones to cope up. This can be a very effective degree for people who want to understand and revolutionize business.
There are online courses available for distant learning. Almost all the top business universities have their change management online courses. One can analyse their strengths and can choose in which way they want to train. There are various types of change management courses and let us discuss which courses are best.

Few effective courses in change management

• The Change Management Foundation Certificate created by APMG International & Change Management Institute (CMI) is one of the best courses to understand organizational change. There are various training modules available in this course which will help you to identify any type of organizational change. It will help you to motivate people during a change and quickly adapt to the changes. There is an MCQ test consisting of fifty questions and you have to pass it to get the certification. Training modules are recommended but are not compulsory for taking the test.

• The Change Management Specialist (CMS) certification which was developed for the Management and Strategy Institute (MSI) is one of the best courses for people who have a prerequisite in this field. The certification program will teach you to find common causes of organisational change failures. Well-tested theories/models in change management will be taught in this course. There is also an exam and the trainees who qualify it get 30 Professional Competency Units (PCUs) & Continuing Professional Development (CPD) units.

• The Prosci Change Management Certification is one of the best courses available which is not online. This course requires a 3-day in-person commitment. One has to bear the exam fee, accommodation charges, and training charges. This certification campaign takes place multiple times in a year and happens at different locations globally. It will teach the trainees the Prosci ADKAR model which is used to deal with organizational/project changes. They will also provide the opportunity to use this model in any of their ongoing project for experimental and faster learning. One will get to learn about change management communication.

A Change Management Certification will help you understand and cope up with the developments that require a change in the working atmosphere of a company/firm. It helps you to be agile (be able to adapt quickly) in terms of ever enhancing technology. It helps you in breaking down the change process into simpler parts and then implementing them on your team. This article was all about ways to get a Change management certification and some of the best courses available in the market. I hope it helps!

How Long Does It Take to Get Agile Certification

Posted on by Imarticus Learning

What is Agile Certification?

In this period where conventional project development methods are not enough, Agile in the need. The demand for agile certified people has gradually increased in the IT industry. If you are doing agile certification you will learn ways to enhance the project performance by getting to know about the concepts of Agile and how those are implemented. If you have learned about Agile or you are such a practitioner who wants to check the skills in this domain and wants to upward your career then you need to get Agile Certification. You need to check the right certification that would stand you out from other people.

You will see many institutions are offering different agile certification. It is not easy to choose an agile certification that would be good for upskilling & moving ahead in your career. In this article, I will discuss why to do the agile certification and different certifications that are available today.

Why do Agile Certifications?

Agile is almost the same as other provinces like Project Management & Service management. But the organization looks for people who are certified in this domain. This is the main reason why such agile professionals go certification courses so that it is easy for them to make a career in this domain. There are advantages of doing such certifications that include better salary, recognition, etc.

What are the top Agile Certifications?

Different institutes and certifications are in the market today offering such certification courses to help people in this domain. When you have so many people offering the same things then you get confused while choosing the best for you. Because you are going to invest your money, you need to check the most beneficial certification for you that will help you enhance your career in this domain.

Scrum is the agile methodology that is easy to understand is considered to be the most popular. Many case studies are there under a scrum, so many different certifications are based on scrum.

Here are a few of the best Agile certifications that can be done by the people who want to build a career in Agile-

1. PMI-ACP (Agile Certified Professional).
2. Scrum Alliance (Certified Scrum Master/Certified Scrum Product Owner/Certified Scrum Developer).
3. Scrum Alliance (Certified Scrum Professional).
4. Professional Scrum Master/Professional Scrum Product Owner/Professional Scrum Developer -1.
5. SAFe Scaled Agilists.

How to choose the best agile certification for you?

As you are aware that multiple certifications are present and many are scrum-based. Because it is the often-used form of agile. You may be still confused about picking up the right certification for you.

Let’s have a clear idea of how to proceed?

• Step 1: Anyone how wants to gain knowledge about agile should start from scratch of Agile/Scrum.
• Step 2: Once you are done basics of Agile are cleared you should move forward to advance knowledge.
• Step 3: Scaling is considered to be the last step.

Many other agile certifications are there in the market apart from the five that are mentioned above. People have to make a good call while choosing what is best for them. If your sole aim is of changing the job then you can go with “PMI-ACP & CSM” that is more popular. If your aim to gain whole knowledge from scratch to expert then “PSM-I” is best. So, you need to look wisely at what is the best certification for you which would help you to shape your career. You need a lot of research on the course before investing your money.

Four Ways Business Analysts Can Use AI to Work Smarter

Posted on by Imarticus Learning

Artificial Intelligence (AI) is one of the most sought-after technologies espoused by businesses across the world. The organizations that uphold the value of innovation rely on artificial intelligence as the long-term business objective to achieve new or enhanced business strategies or business models. With businesses becoming more technology-driven and depend on cloud computing to store important assets and data, cybersecurity is always a matter of concern. Artificial intelligence and machine learning can help protect the data by identifying suspicious activities. Shortage of skilful professionals has become a back burner for many business organizations. Many organizations are considering it worth to invest in training their employees in AI.

Business Analysts’ Role

Many organisations identify the importance of hiring a business analyst to analyse and interpret the collected data and to use it to expand the scope of the business such as discovering a new market or to expand their services. Thus, business analysts play a key role in business organizations using machine learning tools techniques and AI tools to leverage diverse and rich data available. Four important contributions business analysts can make are:

  1. Help reduce customer churn
  2. Influence customer behaviour
  3. Remodel quality assurance
  4. Building Brand Reputation

Helping Reduce Customer Churn

Customer churn is a huge problem for businesses. Even big corporates like Accenture lost about 52 per cent of their consumers due to poor customer service. While it is impossible to prevent the churn, businesses can use AI to minimize it and achieve breakthrough results. Leveraging machine learning algorithms helps predict customer churn and analyse the cause. Finding customer pain points is the key step in reducing churn.

Influencing Consumer Behaviour

Consumer behaviour sways due to big and small factors. The entry of new players could also influence customer preferences. Collecting data such as income, gender, age, buying preferences and shopping patterns could help in extending personalised offers and thereby increase sales, customer retention and brand recall. Predictive analysis is especially important in industries such as retail and banking.

Remodelling Quality Assurance

Quality assurance is especially crucial in evolving markets, where those who deliver better quality and services than their competitors seize the market. AI plays an important role in gaining this competitive advantage. Artificial Intelligence helps increase productivity, reduce the cost of production, detecting high-risk areas, predict market trends, promote customer satisfaction, and increase profitability.

Consider the example of a construction company. It initially depended on people’s feedback to identify the issues in construction. Later, it started using drones to shoot the exteriors and interiors, but it still required heavy manpower to watch the video and to identify problems. However, things got better as it adapted AI for this task. Using an object detecting model, it could easily detect damages. Additionally, the company could inspect the energy usage across its buildings and detect anomalies. Thus, it could save manpower, manhours, money and time and increase efficiency.

Building Brand Reputation

AI helps in better targeting and thus, helps develop relevant campaigns and create better touchpoints for prospect customers, existing customers, and partners. This helps in building brand reputation and improve brand recall. AI helps understand the preferences of the individual customer and the technology he/she is interested in, thus helps decide the best channel to push the product/service.

Conclusion

This is the best time to take up a business analyst course as today’s day-to-day business needs are increasingly becoming data-driven and professionals who can analyse data and do predictive analysis will be of high demand. AI is going to find application throughout the business world and hence the demand for business analysts will see an increase soon.

Four Prospects of Business Analyst Certification

Posted on by Imarticus Learning

The role of business analysts is increasingly becoming important. Every company is looking to hire analysts who are capable of processing data and interpret the information to help the management to make important business decisions and to design competitive market strategies. Thus, the business analyst plays a key role in current business models. Though the role of a business analyst is not to directly bring revenue to the company, this job is essentially designed to help the company reduce market spends and increase revenue. Thus, business analysts do play a role in the financial prospects of the company. However, you need to validate that you possess relevant skills and ace in the newest technology. Business analyst certifications are the best way to convey this to your future employers.

What is the Role of a Business Analyst?

A business analyst is responsible for collecting, analyzing, and authenticating the data and making inferences to suggest changes to the business processes, system, and business policies. Thus, business analysts shoulder the responsibility of driving the growth of the organization, improve efficiency, profitability, and productivity. A business analyst should be capable of:
• Understanding the business concept
• Suggesting ways to improve the existing processes
• Identifying and designing new features
• Guiding implementation
• Measuring the impact of the newly introduced changes and the success rate

Why is Certification Important?

Certification Increases Your Credibility

Stating data analytics skills in a resume would grab the employers’ attention, but how will you validate them? If you have impressive skills and a good work experience to showcase in your resume, certification serves as good objective source to substantiate those skills and experience.

Helps Increase Salary

Investing in a good certification is worth because it helps increase your salary bracket. Pursuing a certification can result in an average of 11% increase in salary. The ROI of certification is high, that you should consider getting good certifications if you are aiming to get into top jobs. However, you should be judicious while selecting the course. Having a certification merely to show in resume will not help. Make sure you choose a reputed certification program that gets you brownie points.

Helps Build a Strong Peer Network

As per the data available from the professional network site LinkedIn, about 85 per cent openings are filled through networking and referrals. So, it is important to have a network of professionals to get into the role you aspire for. Joining certifications will help you to develop a good professional network.

Opens Scope for Self-Improvement

Any job requires constant improvement of the skills to stay relevant in the job market. Certifications help you update on the newest tools and trends in the industry. In a field like big data, which is constantly evolving, staying updated is important. Including a certification in the profile shows your enthusiasm and interest in developing new skills and constantly update. This gives you a competitive edge in the job market.

Conclusion

The scope and future growth prospects are ever-expanding in the domestic and global job market. Today, most business organizations espouse big data analysis to grow the business by processing valuable data. Hence, big data experts can see recruitment spree in the market. However, to make sure you ace the skills, it is important to have a relevant certification. It is natural that after having considerable experience one might overlook the importance of certifications. But you need to know that organizations prefer hiring the best talents available in the market and certifications are the best way to validate that you possess those skills and it is worth hiring you.

Also Read: Benefits of Business Analyst Certification

6 Skills to Become a Business Analyst

Posted on by Imarticus Learning

The business analyst position is one of the most promising career options in the age of data science. Any company that relies on progressive technology uses tons of data to make operational decisions that’ll be profitable for the business. The internet is flooded with business analyst courses given the widespread demand for business analyst professionals by businesses. So what does a data analyst do? Well, from a broader perspective the role involves churning tons of data to analyse the industry trend and market situation and make suggestions regarding the business operations. Let’s delve deeper into what the role encompasses and what are the key skills required for the job.

Role of a Business Analyst

The role of a business analyst is very dynamic and holds an array of responsibilities. A business analyst is responsible to bridge the gap between the IT and non-IT departments using data analytics. They work in close conjunction with the IT and Finance department to build a data-backed model which will help to improve business processes and minimize the cost incurred on such expeditions.
A typical job description for a business analyst might include tasks like budgeting and forecasting, price optimisation, variance analysis, doing a SWOT analysis, identifying new profitable avenues for the business, communicating with key stakeholders for a comprehensive analysis, etc. The job is multidimensional and requires very skilled professionals who have honed both their soft skills and technical skills to perfection. Let’s peep into some of the key skills required by business analyst professionals in the field.

Skills Required To Become Business Analyst

The job of a business analyst has multiple aspects to it and requires a mixture of balanced technical and soft skills, let’ learn about some of the key skills that help the business analyst in their professional life.

  • Technical skills: Technical skills are the most crucial ones as a lot depends on the  competency of a business analyst to carry out details business analysis by factoring in multiple variables that might affect the business. Most of the software developments take place only after the business analyst’s recommendations post analysis. Understanding the technical applications and its relevance to the business is utmost important. In addition to this, a BA should also be able to analyse market trends and predict future trends based on historical data.
  • Research skills: Given the enormous amount of information present in the age of data science, it is imperative to find relevant contextual information that’ll help the business. Research skills are the key to finding reliable information that is relevant to a particular business or industry. Using data analytics on irrelevant data won’t get the best results for a corporation.
  • Critical thinking: Being good at research will not suffice. What you draw out from the research data is crucial to your success. This requires thinking critically with all that information present at hand after doing the research. When you obtain valuable insights from the data you can apply it to grow the business further. A lot of contemplation goes into drawing out conclusions from the data.
  • Communication skills: When you can’t express all that you have understood about the business, it won’t be easier for people around you to comprehend your thinking and motive. An effective communicator needs to put forth their own opinion so that other parties can understand the data-based insights obtained. Being a good communicator means you should be as good a listener as you are a speaker. Listening to various stakeholders is the key to effective communication.
  • Interpersonal skills: When you are working as a business analyst in a company, it requires you to communicate and understand the needs of various stakeholders. This requires you to have good interpersonal skills so that you can get along with the key stakeholders. The key here is to understand the motivation, objectives and inspirations of different parties to reach an understanding outcome.
  • Negotiation skills: When you have to manage multiple stakeholders to the business you won’t be able to satisfy all the parties. The best outcome for one party will not necessarily produce the same for the other party. This needs an effective negotiator to balance the scales and settle the difference. Managing the conflict of opinions is the key to negotiating here.

How to Become a Salesforce Business Analyst?

Posted on by Imarticus Learning

Who is the Salesforce Business Analyst?

Salesforce business analyst is the people who analyze the business process with technology. They can understand the formation of the organization. These analysts have the power to improve Salesforce maintenance. They are the people who bloom with information giving business understanding on taking various information sources. These analysts need to be very motivated and have a high concentration on identifying, arranging and value for Salesforce that is directly dependent on the essentials of the organization’s clients.

They are the people who decide what business should follow. Such an analyst takes care of the issues and makes the desired proposal. Salesforce business analyst has essential knowledge of the Salesforce platform to form an informative action plan that makes bigger projects into small scale projects.

They are the people who have extensible knowledge and firstly they decide to extract what problem needs to be solved and then find out the solution for it. The job of these analysts requires a lot of study work and cut down business procedures. The task is to train users of Salesforce and being the salesforce champion.

Being a salesforce business analyst, you would be responsible for delivering cloud technology solutions. Their main functional areas are salesforce configuration, testing, training, and development support. Being an analyst, you have to work strongly with solution architects and technical architects to develop and deploy solutions while enhancing your skillset.

Salesforce certified business analyst

The salesforce certified business analyst certification is mainly for people who need to accept their aptitude also skills to understand what is possible with the salesforce step and business values accompanying advantages and failures. The certification focusses mainly on the salesforce workers who need to show their learning & capacity.

Salesforce business analyst course

The area of cloud computing is getting vast due to technological developments. Along, with the developments, it tempts a high number of professionals to deal with the new development of cloud computing. So, there is a large number of people required in this sector. Salesforce business analyst courses play a vital role in the business. Because these people have to take the charge on business issues and also the words exchange in a group of various sections of the business. Their volume is dependent on the organization of the client. The global online course is one of the good courses in this domain. They have the best trainers at a reasonable cost.
These courses provide people to get in-deep knowledge of this platform and increase knowledge about customer relations. Also, it gives hands-on experience in cloud computing. The course includes knowledge about cloud computing, improve analytics and increase the scope for business.

The outcomes of the analyst course

1. Knowledge of field.
2. Experience in doing live projects.
3. After doing the course a person becomes capable of handling customers with more lucidity and fast.
4. The person would be able to help the company to enhance the sales force.
5. In-depth knowledge of cloud computing, page layouts, SOQL, SOSL, etc.

Who should take the salesforce courses?

Salesforce has become more popular because of the high-level benefits and services provided. It is the fact that these professionals have a high salary than other professionals. The person who has done this course can get several jobs and a high salary. The person who can do such courses includes are technical consultants and business analysts. There are many course and certification which are there to become certified in Salesforce business analyst. Different company and organization have made their unique curriculum for the courses and provide certification.

Business Analyst Certification: Costs and Requirements

Posted on by Imarticus Learning

An emerging key role in businesses of all sizes and industries, business analysts are gaining in both traction and value. The typical business analyst is tasked with creating, overseeing and measuring changes to business processes of operational systems after key insights from data reports. A business analyst is critical to the growth in productivity and efficiency of a company, regardless of its size. Since these players make decisions that can make or break an operation, only the most skilled and highly-certified ones land enviable jobs.

Business analysts are more than capable of interpreting data, paying attention to salient data points and communicating changes to senior management outside the IT department. There are already a plethora of organisations offering certifications to validate your business analysis skills. Business analyst certifications help to prove your fortitude as well as command senior job roles and higher salaries than the rest of the market.

Business analyst certifications are a hallmark of your expertise and experience in the field and negate the need to go into long-drawn explanations of job histories when in an interview. Usually, certifications from the IIBA are valued above all else, because this organisation is the world’s leading association for BA.

If you’re keen on exploring a business analyst certification course, you should know that the fee varies depending on the party offering the course. Some of the more popular certifications are as follows.

Entry Certificate in Business Analysis

This first-level IIBA certification is designed for budding business analysts without much in-field experience. The certification requires that you obtain 21 hours of credits in professional training, and is a great starting point for those looking to move up the ladder.

Cost: US$60 per application and a further US$235 in exam fees for non-members

Certification of Competency in Business Analysis

The second-level IIBA certification has a whole host of requirements, including 3,750 hours of work in the last 7 years that is fully compatible with the BABOK (Business Analysis Book of Knowledge) guide. Since this is a step-up from the previous level, it also needs 21 hours of professional training done within the last four years.

Cost: US$125 per application and US$450 as exam fees for non-members

Certified Business Analysis Professional

This IIBA certification is for extremely experienced business analysts who have managed to complete 7,500 hours of business analysis work over the last 10 years, among other requirements. Hopeful candidates will also need to ensure they have had 35 hours of development experience in the field over the last four years.

Cost: US$125 per application; US$450 as exam fees for non-members

Certified Foundation Level Business Analyst

This certification is offered by the International Qualification Board for Business Analysis (IQBBA) and qualifies successful candidates to appear for higher-level certifications. This foundational level certification covered the gamut of topics from enterprise analysis to design and innovations. Successful candidates can attempt to obtain the Certified Expert Level Business Analyst (CELBA) and Certified Advanced Level Business Analyst (CALBA) certifications after this round.

Cost: US$250 in exam fees

Professional in Business Analysis

A certification bestowed by the Project Management Institute, this one is tailor-made for those business analysts whose job roles involve working with programmes or projects. Alternatively, it is also ideal for programme managers working with analytics. The business analyst certification course revolves around real-world projects and access to tools and software. With an earned bachelor’s degree, hopeful candidates will need 4,500 hours of consecutive BA work experience within the past 8 years. For those who don’t have a bachelor’s degree, this number goes up to 7,500 hours.

Cost: US$555 per application for non-members; no exam fees

A business analyst certification is a great way to prove your worth and validate your experience to secure high-paying jobs across the world!

Also Read: Business Analyst Certification Benefits

What is the Career Growth if I Start as A Business Analyst Today?

Posted on by Imarticus Learning

Data is everywhere. And it is hard to make sense of so much data without proper analysis. Businesses depend entirely on their data for their planning, performance, and future strategies. They need professionals who are experts in handling business analysis to track their sales, launch new products, and make data-driven decisions. This is where Business Analysts come into the picture.

Business Analysts are the link between all the internal departments by gathering, circulating, and managing the data of the company. Business Analysts are also known as Management Analysts and they work for all kinds of businesses, government agencies, and non-profit organizations. The job role of business analysts can vary depending on the company and requirements. Business Analysts study the different business processes and formulate policies based on the results to improve the overall performance of the business. They work to eliminate the inefficiencies and enhance the position of the company.

Business Analysts Demand

Business Analysts are in-house staff members in many organizations that monitor the business processes and implement performance-enhancing solutions. Many business analysts also work as consultants who analyze and provide recommendations to businesses on a contractual basis. Business Analysts who work as a consultant specialize in specific industries like manufacturing, health care, information systems, etc. Business Analysts are also hired for different business projects like expansion in the international market, the introduction of a new product, the development of an e-commerce strategy to name a few.

Business Analysts Qualifications

Business Analysts’ qualifications include a bachelor’s degree or a business analyst course from a reputed institution. Candidates with a degree in business disciplines can also apply for the job role of a business analyst. A fundamental understanding of subjects like business analytics, business administration, business information systems, etc. is required to kick-start your business analyst career. Students with degrees in accounting, human resources, finance, operations management, and logistics can also apply for jobs in this field. Many online certificate business analyst course is also helpful to gain the basic knowledge and skills to build a career in business analysis.

With these degrees or courses, one can get entry-level jobs in this field. To become a senior business analyst, one can pursue an MBA (Master in Business Administration) or any other relevant degree. You can do it after gaining some experience in the field or you can choose to pursue your master’s degree immediately after bachelors. However, it is not necessary to do a master’s degree to take your career ahead in this field. Good work experience, skills, and talent can take you far on its own in this field.

Business Analysts Career Path

After gaining eligibility for the business analyst role, you can apply for internships or entry-level roles like business analyst intern, junior business analyst, etc. These jobs will equip you with the necessary understanding of business analyst roles. Once you gain some work experience, you can move to senior roles which have greater influence and responsibilities. There are various job titles under which you can find business analyst roles. Some of these are:

● IT business analyst
● Data business analyst
● Data analysis scientist
● Quantitative analyst
● Business analyst manager

A senior business analyst might be the head of the business analysts team in a big organization. Top-quality analysts can also move up the corporate ladder and get high-level management roles. The major career pathways for a business analyst are Lead business analyst and Project manager. One can get these roles easily with a good working experience paired with a business analyst course. The salaries in the business analyst job role are also quite lucrative with an average salary of INR 6,07,210. With experience, the salary keeps on increasing. There is also the option of becoming self-employed by opening your own business analysis consultancy.

Overall, the career pathway of a business analyst is very exciting, meaningful, and valuable. This field has a good scope and one can easily make a substantial career in it with interest, knowledge, and passion.

Top 7 FAQs About Business Intelligence For Beginners: Answered

Posted on by Imarticus Learning

Top 7 FAQs About Business Intelligence For Beginners: Answered

Business Intelligence is referred to as the applications and practices used to represent business data. These practices help in making better decisions and also help in developing the business. The Business Intelligence system helps any particular organization/firm to collect, store and manipulate data/information in such a way that it helps in the growth of the business. A lot of questions are asked regarding this field, especially by the newcomers. Let us look at some frequently asked questions about business intelligence and their answers.

Q – What are the skills required for Business intelligence?

A – A person must have soft skills like communication and writing skills, problem-solving approaches, etc. Besides soft skills, one must know how to use various analytics applications such as SQL, ZOHO, Microsoft Business Intelligence, etc. He/she must be able to analyse the given data and use it for business development. A person should be good at taking business-related decisions. These skills are enough for a beginner but you will have to learn more and more if you want to grow after settling in this field of BI.

Q – Where to start learning about business intelligence?

A – There is no shortage of books and resources available for learning Business ntelligence. Some books like ‘Successful business intelligence’ by Cindi Howson, ‘Business intelligence roadmap’ by Larissa T. Moss & Shaku Atre, ‘Business intelligence guidebook’ by Rick Sherman are regarded worldwide as some of the best books on Business Intelligence. Besides these, you can get many post-graduation courses and online courses on Business Intelligence. The IIBA (International Institute for Business Analysis) also offers certification courses and resources on business intelligence. If you just need to add Business Intelligence as a skill in your resume, go for online certification courses.

Q – What are the top job roles in Business Intelligence?

A – Some top job roles in Business Intelligence are as follows –
• Business Intelligence project manager
• Business Intelligence specialists
• Business Intelligence consultants
• Business Intelligence director
• Business analyst

Q – What is the future of Business Intelligence?

A – The backbone of business intelligence is data and information. As you can see big data and its analytics is expected to grow more and more. According to reports, there will be a rise of 14% in the hiring of Business Intelligence experts in 2020. The Business Intelligence tools and applications are giving more accurate results day by day. The big data is supposed to keep flowing with an increased rate in the future too, so to collaborate and manage this big data, analysts will be required. The future of Business Intelligence is quite vast.

Q – What is the difference between analytics and Business Intelligence?

A – It may be confusing in starting as both these terms are used simultaneously. Business Intelligence is a subset of business analytics. Analytics uses the generated data to fulfil current business needs. It helps in increasing productivity and making better business decisions. Whereas Business Intelligence only focuses on current business needs.

Q – What is the average salary for job roles in Business Intelligence?

A – In the USA, the average business analyst salary is $68,075. In India, it is ₹ 7,98,671 per year. The salary also exceeds as you step up, the Business Intelligence Directors in India have an average salary of ₹30 lakhs per year.

Q – What are the focus areas of Business Intelligence?

A – Business Intelligence focuses on the following sectors
• Customer satisfaction level.
• Smart business predictions.
• Cost customization.
• Cross-selling and up-selling.
• Market share analysis.
• Defect/loss reduction.
• Profit and revenue management.

Conclusion

Business Intelligence helps in making smart business decisions that increase the profit as well as the market share of the firm/company. It also helps in finding customer satisfaction levels and customer loyalty. This article was all about FAQs asked regarding business intelligence and its answers. The questions and answers are framed for the beginner level. I hope it helps!

Also Read: Difference Between Business Analyst & Business Intelligence

Certified Scrum Product Owner: What to Know and Who Can Become?

Posted on by Imarticus Learning

Businesses are finding new ways to increase the productivity and quality of their services or commodities offered to the customers. The product offered by the firm/company should meet all the necessary regulations and guidelines. There must be room for development. In this article, we will see what a certified scrum product owner is and how to become one.

Basic Terminologies

Scrum

Scrum is a framework on which people can collaborate among themselves and find solutions to problems. Scrum focuses on increasing the quality of services and teamwork. It is a simple platform with less complexity. Simple and basic solutions that are visible in the current scenario are taken into consideration in the scrum and then iterative work for increasing quality is done until the end goal is reached. People can complete a project more quickly and effectively using scrum. Jeff Sutherland made the first scrum project in 1993.

Product Owner

A product owner is responsible for increasing the value and quality of the product made by the scrum development team to the fullest extent. Market analysis, product designing, business strategy formation, etc. are some of the major roles of a product owner. A product owner is responsible for increasing the Return on Investment (ROI).

The Certified Scrum Product Owner

It is a certification course offered by the scrum alliance which helps us in becoming a product owner. You can find suitable courses from the scrum alliance website and then you have to attend a 16-hour course in which you will be taught about your roles and responsibilities in detail. There is an online exam after the training which is not famous for its toughness. The passing percentage for certification is 65%. If all goes well, you will acquire your CSPO certification. The license offered has a limited warranty. After the time duration expires, one has to renew his/her CSPO certification. Currently, the CSPO certification is valid for two years.

Prerequisites needed

There are no such mandatory skills or prerequisite which you will require for acquiring CSPO certification. But then again, if you know nothing about business analysis and strategies, then you can still acquire CSPO certification but in this era of competition, where will you stand? Also, anyone who is interested in taking the course can go for it irrespective of age, gender, and educational qualifications.

CSPO & PSPO

Both are certification courses offered specifically for product owner but there is a slight difference. CSPO is offered by the Scrum alliance whereas PSPO (Profession Scrum Product Owner) certification course is offered by scrum.org. The PSPO certification does not expire and the exam has a passing percentage of 80%. Often people confuse among these two. It is better to evaluate yourself first and be aware, and then choose the right certification for you.

Importance Of CSPO Certification In Personal Growth

The certification is a proof that you have attended the classroom session and have also cleared the exam. If you have decided to become a product leader, then this certification course will add value to your resume. The companies will see to it and you may get an edge over other candidates. This is a basic course which boosts your skills as a product owner, once you have taken it you can also take advance certification courses to grow further.

Conclusion

There are a plethora of online courses available on the internet. CSPO certification is one of them which can enhance your way of working as many new things are taught during this certification course. Your ideas will have more weight when a professional course is added to it. This article was all about certified scrum product owner and how to become one. I hope it helps!