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Tag: business analyst certification

Engaging a Business Process Analyst- A Step in the Right Direction?

Posted on by Imarticus Learning

These days, every organization and business is so keen on achieving their goals that they are recruiting professionals in every possible department. A Business Analyst is one such essential part of these organizations or businesses that helps them reach their goals.

All types of businesses, whether they are profit-based or not, may have to face some kind of problem at some point in time. A Business Analyst helps them analyze the data and identify or speculate the possible problem and also find the ideal solution for the same. Although in a state of infancy, Business Analysis is one of the demanding professions these days that helps various businesses to achieve their targets and goals.

The role of a Business Process Analyst

Depending on the business or the organization, the actual role of the Business Process Analyst or BPA varies but they all have some basic tasks to finish. Basically, an analyst must understand the business well enough to determine how they can help improve the situation.

Once they identify the ongoing processes they can find pick the points or fields that may be automated, create the specific functionalities and design the various features of the needed IT system. The final step is to implement the designed features and bring out the best in that business.

Operation Management CoursesGetting a certification in Business Analytics is in demand as more and more people are joining this profession. Such Business Analyst Certification, makes a person qualify for the job description put forward by the companies, but there is still a lot more for these analysts to do.

Benefits of engaging a BPA

The role of a BPA is highly beneficial at certain stages of a business. Depending upon the business requirement, it may also change. Though the title suggests the analysis of the business front, the professional will be or should be able to align the process and the business ends.

  • Having a BPA could be essential for a new business that is starting at a higher level.
  • These analysts are beneficial when the company is about to launch a new product or is planning to diversify in its current market.
  • Even for the domestic re-engineering processes, restructuring the business, or planning to outsource, etc, all requires the role of a business analyst.
  • A BPA is also essential for people integration, system integration, or for business merger processes to have a smooth transition.
  • Most importantly, a BPA can develop apt solutions through strategy analysis for the new or changing requirements and meet the regulations as needed.

How to be a BPA

Finding the best course for the Business Analyst Certification is the primary step. There are various courses available that enable the aspirants to be thorough with the job requirements and make them qualify for the roles.

At the same time, completing a certification in Business Analyst is not sufficient as the role requires other personal skills such as analytical skills, the ability to identify minute details, leadership qualities, and most importantly, communication skills to help them convey their thoughts and analysis to the stakeholders. Such strategy analysis skills would help both the individual and the business in their growth process.

Conclusion

A Business Process Analyst course is an asset to the organization that brings out the best in their plannings and execution. Whether it is small changes in the incremental princesses or high-level business change strategies, a business analyst can bring a lot to the table and help execute the plans in the most beneficial manner. So, there is no question about having a BPA is the right decision or not.

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

12 Product Ownership Influencers You Should Know

Posted on by Imarticus Learning

 

Who is a product owner?

A product owner is someone who runs the ABCs of the product. It is generally a role in an agile scrum development team where a person is held responsible for the business of a particular product and the factors which surround it.  He/she decides on the features and the key performance indicators of a particular product and acts as a bridge between the product developers and the customers for whom the product has been made. He ensures that there is a clear establishment of what exactly has to be done to make a product that serves specific purposes. A product owner is the flag bearer of his business, therefore, a product owner needs to know his business inside out.

Who are influencers?

There has been a sudden surge in the number of influencers who are running the market by their name and good-will. Businesses have never been this opinion-oriented before. The ‘influencer-driven’ trend is taking the market by a wild storm. An influencer is someone who has the power to affect and influence the purchase behavior of other individuals.

The product ownership market is no exception. This world too is driven by several influencers whose opinions tend to change how people see the product and the market. Listed below are few of the most popular product ownership influencers who have been playing their part in the product business:

  1. Roman Pichler

Known as the man of the digital product market, Pichler has been influencing the industry for more than 18 years now. He has quite a good hand in training the new age product managers. Also, with his expertise, he helps companies in building a stable platform for their digital products. He is the creator of several well-known tools used for product development. His noteworthy literary product. Creations include “Agile Product Management with Scrum” and “Strategize Product Strategy and Product Roadmap Practices for the Digital Age.”

  • Teresa Torres

When it comes to being well known, Teresa Torres has all coins in her favor. Creator of the “Product Talk” blog, Torres has extensive knowledge when it comes to products. She has expertise in UX design. She has been a product management mentor for years now and also helps the product owners in analyzing the consumer trends which are dominating the market. She has worked for clients like Spotify and Tesco in the product space. Teresa has a degree in Symbolic Systems from Stanford and has taken a master’s degree in Organizational Change from Northwestern University.

  • Marty Cagan

Cagen is the founder of Silicon Valley Product Group as is popular for his standing views on technology and product management. He has experience of more than 20 years and has given his valuable services and expertise to companies like eBay, Hewlett-Packard, etc. He was among one of the leaders of Design and Product at eBay. He guides and helps people who have an evident interest in the product management space and thus helping businesses in establishing a perfect product-market relationship. Cagen is constantly working in this space still for better prospects of the product management space.

  • Cliff Gilley

Cliff Gilley has been working in the Business to Business product space for years now. He has provided his service to a ton of companies who were striving hard to perform well in the product space. A blog named “Clever PM” adds to his gem store on his expertise in Product management and ownership.

  • Rich Mironov

Rich is a well-known mentor in the Silicon Valley product circle.  He gives his insights on the need for efficient and effective product management. Also, he has helped various companies in the technology space to emerge out victorious in this dynamic field of product management. He is ‘the best of his kind’ product management consultant with big and great projects right up his alley.

  • Janna Bastow

Very well known for her product management software, ProdPad, Janna is the product manager who speaks about product management anywhere and everywhere. She is a problem solver, the one who likes to take up challenges and then give a befitting response through her work. She organizes a well-known event on product management known as ‘Product Tank’ which has its reach throughout the world.

  • Martin Eriksson

Being the best in class when it comes to online products, Martin is a startup monster. He has worked with companies like Financial Times and Covestor. ‘Product Tank’ was his brainchild. He has been a mentor to a lot of aspiring and also well-established product managers. He is one of the keynote speakers when it comes to any major product management conferences.

  • Simon Cast

Simon Cast along with Janna Bestow started the great product management software- ProdPad. He has been building products for more than 15 years now with his expertise lying in diverse fields. He helps companies in Product development from its very inception and further in making a process roadmap that will govern a particular product in the future.

  • Jeff Patton

Bringing product management together with other dominant and important functions of the business has always been an area of expertise of Jeff Patton. He has been a product management consultant for more than a hundred years now. He has written various articles on the effective usage of Product management techniques and has a knack towards product design.  He has taken the management of digital products to the next level.

  • Peter Economy

Peter Economy is an experienced product influencer who sold two million copies of his books on product management. His notable work includes- Managing for dummies, Everything I Learned About Life, I Learned in Dance Class, etc.

  • Steven Haines

Haines is the founder of one of the most popular product management and advisory firm- Sequent Learning Networks. He guides companies on the development of various product categories and high performing products that cater to the needs of the market.

  • Mike Cohn

Founder of the Scrum Alliance, Mike has all the product management techniques right up his sleeve. He has worked for various Fortune 40 companies like Google, Nielsen, etc. and also with the small budding startups. He is a credible Scrum Trainer and a well-known agile product owner.

What is Main Role of Business Analyst

Posted on by Imarticus Learning

Business Analyst plays a crucial role from start to finish in the process of data analytics and extracting information from databases for the valuable data-driven insights into the business. Also, take into account that data is an organizational asset today and is constantly growing by the nanosecond causing technology to change with it.

Since data is here for the long haul, it creates a job market driven by a huge need for professionals in the analytics process. Though reputed training institutes like Imarticus Learning produce excellent career aspirants the supply positions are dismally low. Business analyst has no shortage of jobs in the next decade at the very least!

The process of data analytics carried out by the business analyst is quite comprehensive and begins with cleaning and aligning the multiple sources of data. He then uses his Business Analyst training and tool kit comprising of several suites of languages specifically designed for extracting trends, forecasts, and insights which he reports in his presentations to the business decision makers.

The decision makers then use these actionable insights to make strategic business decisions which impact the organization’s profitability, productivity, and efficiency.

Being a key player in the organization means he is a master of the web with a repertoire of programming languages and techniques. This also means he has done Business Analyst training and has a certification in business data analytics. No wonder he gets a handsome salary and is always in demand.

Education Required For Business Analyst

There is no minimum formal education required to undertake Business Analyst training. However, the curriculum lends itself to graduates in subjects like economics, business management, finance, mathematics and statistics. Classroom mode of learning can effectively help augment both practices of technical and non-technical skills required for this job role.

Business skills:
Business Analyst will need to have
• Data Analysis and Modelling
• Business Acumen
• Conceptual Thinking
• Inquisitiveness, visualization best practices and detail-oriented mindset.
• Self-discipline, ethics and maturity
• Excellent emotional IQ.

Technical skills:
Business analyst’s technical skills should have at least the following. The more suites you know the better and the quicker you can adapt to technological changes the faster your career progresses.

You will need:

• The fundamentals of computer science
• Python suite and R programming
• Proficiency in suites like Spark, NoSQL, Hive, Pig, SQL, Hadoop, MapReduce, Apache Spark, and more.
• Adept at ML, AI, handling of data that is unstructured
• Microsoft Excel
• Visualization techniques of data like charts, graphs, tables etc.
• Cloud data-storage techniques.

Personal Skills:
Business Analyst will need all of these skills which are never taught in formal college courses and yet are crucial to the job role. To spot the trends and insights calls for great quantitative problem-solving skills. The BA has to use inferential logic well to make the presentations interesting and understandable even by the layman.

His interpersonal, communicative and reporting skills are presented as nuggets of insights into the data. With fantastic reporting skills and keen business acumen, he reads piles of data to present decision-making data-driven actionable insights. Obviously, he ought to be an excellent team player too if he has to place his insights into the right hands at the right time.

Did you know that at the Imarticus Business Analyst training the focus to produce well-rounded and equipped BAs includes personality development, resume writing, interview preparation, and soft-skills training?

Job Scope and payouts:

According to Glassdoor, the median salary base is 489,641Rs for entry-level data analysts in India. In the US it was an impressive116,000 USD in 2018. Recent reports by Payscale suggest that the technology field offers 41per cent of all data science jobs.

The median salary of 53,000 to 69,000 USD for BAs in a larger enterprise is handsome when compared to other jobs. You can add on with generous commission that can double your total take-home according to the Accounting and Finance Salary Guide by Accounting and Finance Salary Guide undertaken in 2017.

Parting notes:
If you invest in yourself, you get to learn the latest BABOK V3 techniques and specifications for BAs. Become a business analyst in the fast-tracked course today.

The course for Business Analyst training with IIBA endorsement can get you assured placements in a dream career and well-paying job. Certification helps by endorsing your practical and technical skills.

All the best in your business analyst career!

Why Should You Enroll in a Business Analyst Certification Program

Posted on by Imarticus Learning

Businesses and the data they produce and require to thrive are growing, expanding fast and need efficient analysts to use the data for growing. Data has turned out to be the most valuable asset in any organization to help measure efficiency, success and production in all organizational tasks. Technology too has kept pace with these rapid developments and the BA is a career that tops any career aspirants list. Especially software related projects need to clean and use data from multiple sources to gain foresight and insights into the databases to help the BA analyze and use the data for predictive analysis.

Why Do Business Analyst Certifications

Organizational business analytics is of paramount importance and helps determine trends, future plans, goal setting, budgeting and many other indices for sustained growth. An approximate half of IT spends are on such initiatives which have resulted in unprecedented growth and demand for BAs.
Business Analyst Certification can help in many ways in a market where making a career in business and data analytics for business purposes is well-paid and demand booming. One of the major benefits of such certifications is that they are an essential spend whether you wish to make a career, are switching jobs or aspiring for a promotion. All organizations want to know before recruiting that the aspirant has sufficient experience and certification in business analytics practice. This is where they need a measurable endorsement and validation of your practical skills and application of learning from a reputed institution like Imarticus Learning. And, certification provides them with exactly this information. Certifications besides being a goal achieved can also provide you with a number of other benefits like
• Builds your confidence while adding to your resume.
• Visibility in a pool of aspirants in the demand-driven job-market.
• Salaries that are probably better and account for the better experience in BA practices under skilled and industry-relevant mentors.
• The credibility that you know, implement and practice business and data analysis techniques on the latest technological suites and frameworks.
• Suit and match market and technological trends in business analytics that are current and in demand.
Thus from the above diagram, you will see that this certification in business analytics is a right career step that can enhance your resume, build your confidence and help with landing those BA jobs with the best payouts. The McKinsey study reports that 490,000 data science jobs are vacant and have only less than 200,000 certified and qualified professionals to fill them. TechCrunch reports claim worldwide demand for data analysts will grow by 50% and fuel better payouts while increasing the demand-supply gap.
The payouts:
According to Glassdoor.com the median salary of a US business analyst is 77,712 USD per annum. The US Bureau for Census reports that median salaries for BA’s are on an average of 34,940 USD per annum and clearly indicates that most BAs draw more than this figure. Of course, this is a huge plus when making a career or changing jobs or roles. Business2Wirereports show that a certified professional earns 20 to 40% more than the rest.
Qualifications Needed
Can you believe that with such great pay packages all you could possibly need to launch your career is finding the right training course and partner? A basic sound degree in finance, economics, business administration etc definitely helps though not mandatory. Along with the boom in data technologies, the demand for training institutes to cater to the huge number of trained personnel has also seen tremendous growth. That is exactly why finding a reputed training partner like Imarticus makes a huge difference. Their curriculum is sound, practically-oriented and has industry acceptance globally. The certification is widely accepted and even has modules on soft-skill development, resume writing and such important topics. Getting into the right job is also easy with assured placements and effective mentorship from certified industry-drawn instructors and mentors.
Parting Thoughts:
Data analytics is a practice- intensive course best learnt from a reputed training institute like Imarticus Learning. Certification enables smart career choices and normally achieves a better pay-package and learning retention. Choose your vertical and ensure you get lots of practice then. All the best then and do not forget to call Imarticus today.

How Big Is The Agile Methodologies Provider Industry

Posted on by Imarticus Learning

Let us first understand what Agile methodology is all about. Under Agile methodologies, the software is developed in an escalating, incremental manner through rapid cycles. The process focuses on adaptability and customer satisfaction of the software product. Each cycle of software building is better and incremental than the previous one, and thus the cycle continues.
There are various reasons why Agile methodology has gained worldwide fame, appreciation, and popularity.
(a)One of them being that Agile is used to prevent large projects from failing, it had a prime focus on business profitability and delivering software as opposed to documentation.
(b)It is user-friendly and treats the user/consumer in a friendly way rather than a machine-centric manner.
There are certain strong strategies that Agile has adapted to have become this popular and widely acclaimed. They are as follows:
1. It shares the common value and goal of fixing large scale projects
2. It is user/customer/human centric rather than being machine-centric. This has positively impacted the productivity of Agile users and shown proven efficiency in business successes.
3. Inclusive/collaborative approach – The agile methodology has a very inclusive feature that supports the entire Agile team and promotes collaborative efforts of the team through its built-in flexibility.
4. Some Agile methodologies are very popular and user-friendly. These include Extreme Programming (XP), SCRUM, Features Driven Development (FDD) and Dynamic Systems Development Method (DSDM)
5. Agile methodology helps you perform quicker and can also be developed at a good pace.
There many Agile methodology courses and certifications that you can sign up for. You can start with basics, and if you have previous exposure to the software development and its aspects such as coding, testing, and other software skills, it helps you gain Agile knowledge much more efficiently. From mastering an adaptive approach to product development, the courses are streamlined for your needs/requirements.

What You Will Gain From An Agile Certification Course?

1. You will gain the knowledge base, skills, tools and techniques involved in Agile methodologies and will be able to understand, apply and implement the principles of Agile.
2. You will also learn to smoothly coordinate Agile development processes including managing your respective teams, bringing about a social culture of experimentation, and running sprints.
3. In the final project completion stage, you should be able to apply, everything that you have learnt to a real-world hands-on practical project and demonstrate your skills and abilities.
4. Flexible schedules to learn the course in case you are already a working professional. Many education platforms offer online certification courses and you can time these according to your convenience.
The job opportunities you will encounter are many to pick from. You can become an Agile Scrum Master, Technical project manager, Technology manager, Scrum Master consultant, Project leader, Senior Agile transformer, and Agile coach/tutor/mentor/guide and give lessons and coach many more hundreds of people, Product Owner handling the business operations too, and/or software development manager, among other opportunities. The Agile Scrum certification promises you a great career with a heavy income. A career with a business analyst certification India is also possible using these skills and knowledge base.

What specific technical skills does Business Analyst need?

Posted on by Imarticus Learning

 

The career of that of a Business Analyst that you can achieve through a business analyst certification is one that requires varied technical skills, general skills and requires one to be consistent, hardworking and patient in their business approach to become a strong Business Analyst professional and a leader in the industry.

Let us go through what skills and techniques help a business analyst become a better professional. 

  1. Develop one’s modeling skills consistently– As a business analyst tools and techniques that involve process modeling are extremely helpful and efficient for the professional life of a business analyst. Visual representations and other forms of modeling helps one gain deep insight into business problems, and helps in understanding where the leaks are, and helps cover them. You can gain more insight into this through a business analyst course.
  2. Stakeholder management – As a business analyst, you will learn that your business projects and operations are absolutely nothing without the stakeholders. They make up more than sixty percent of your business impact and understanding their needs, requirements, and standards, delivering their desired results, are always a must if you wish to lead your business projects towards successful completion.
  3. Documentation skills and writing skills – As a Business Analyst you will engage with the preparation of various types of documentation processes and the types of documents can also vary depending on the size of your company/organization. Your writing skills need to be strong, pleasant, simple, direct and you must avoid as much jargon as possible so as to be able to appeal to a greater number of people.
  4. Time management – As a business analyst, you must learn how to manage your time successfully. This helps you in delivering the projects and their successful completion on time. It is also useful to know which projects or tasks to prioritize and which ones need more time/focus and delegates them accordingly. Sometimes as a business analyst, you may end up multitasking but here too you must understand that time management and effective/efficiency of time is very significant to your overall success.
  5. Presentation skills – Presenting a project pitch or holding a workshop for the awareness of your company’s colleagues are an important task that cannot be effective or have a positive impact without excellent presentation skills. To hone your presentation skills you must know what are the topics to be covered, how can they be presented to your audience in a sincere, direct and engaging manner, and how you can deliver your project’s promises to your stakeholders so that they agree to your projects’ success potential.
  6. Listening abilities – As a business analyst you must possess a deep desire to understand and learn from your stakeholders, their concerns and targets, learn about your company’s strengths and weaknesses by constant interaction with your colleagues and staff. When you give the other person the opportunity to speak, you must listen in keenly and also engage in absorbing information which can later help you create and meet stakeholders’ concerns and demands. Sometimes, only when you listen carefully can you find answers to some of the deepest, lingering business queries you may have.

What Are Some of The Advantages and Disadvantages of Embedded Analytics For A Business?

Posted on by Imarticus Learning

What is embedded analytics?
Embedded analytics basically empowers the transaction process system (TPS) or the data framework. This helps to investigative administrations without being subject to any outside or outsider diagnostic application or framework. It helps activities/IT chiefs incomprehension, overseeing and enhancing the execution of the framework. There are several uses of embedded analytics such as data visualization, preparing interactive reports, mobile business intelligence and user engagement etc.
To get a proper understanding and use of this, there are a lot of business analyst courses, which would be very beneficial for you. There are a lot of courses present in the market, so make sure you make a smart choice. You must choose the course that aligns best with your interest. Everything has its pros and cons, and likewise, there are certain advantages and disadvantages of using this in a business setting.
Advantages  of embedded analytics are:
1) Value and time
With the use of embedded analytics, you can enhance the business applications used by the customers. Whether you are a wholesaler, retailer, businessman or anyone with a lot of data. It is very difficult to analyze so much data in less time. Examining data holds a lot of value in a business. If the data is analyzed, it is easy to compare and form your strategy for the future. Analyzed data can help you make better decisions and can even help you make business forecasts. With embedded analytics, you can analyze data faster and make speedy decisions.
2) Great for engaging customer
By adding meaningful analytics inside customer portal, you can give customers more personalized user experience. This will help you to increase loyalty and retention and creating new revenue opportunities as well. Netflix is one company that has been quite successful in integrating embedded analytics for business. The research of Netflix claims that the customer churn has been decreased by a considerable amount making 1 billion dollars a year from customer retention
3) Better business choices
Embedded analytics helps users to get access to information which can help them to make business choices according to the changing environment. By using this, your employees can respond to dangers or threats faster than usual. This will assist the business a lot in making smart decisions. By using embedded analytics, it gives the option to the employees to rapidly make charts so that they can examine business performance whenever they want.
Disadvantages of embedded analytics are:
1) Not easy to use
Not all people are tech-savvy, and for some of them, the process can be very difficult to follow. Not all people can go through the trouble of learning this all by themselves as it can be very confusing and complex. We suggest that you should take up some courses in order to learn this like a business analytics course. There are several advantages of business analytics courses which would bring great value to you and your firm.
Conclusion:
Embedded analytics enhances the client experience while expanding the end-client selection and developing income. Not at all like business intelligence programs, embedded analytics helps the user to engage in site for a longer time and analyses data to facilitate quick decision making. You should definitely give this a try, and if you want to learn this, there are a lot of ways you can do it. There are many books, courses and online platforms that can help you. We suggest that you should always go for a course as it is the most effective way to learn this.

The Data Analytics Employment boom

Posted on by Imarticus Learning

They are not just for engineers and IT departments — analysts could come from just about anywhere
Big data has been constructively cast as “the new oil” and held up as the economic counterbalance to America’s sinking developed sector. As oil did at the beginning of the last century, big data is going to drive economies in the centuries ahead. But it may not do so in the way that many people think it will. This Oil is even more productive because it’s a never ending fuel to the new horizons of IT industry brimming across the globe.
“Advances in software, interface designs, and things like that will make it easier to analyze big data in the future,” says Dr. Betsy Page Sigman, a professor at Georgetown University’s McDonough School of Business and an expert on technology and information systems. “So it won’t be as big of a technological hurdle. The more important thing for companies will be to have a lot of people that understand not just how to produce statistics and analytics, but understand how to make better decisions because they have this information.” Not just that, there is an emerging trend of data analytics positions in India, there is a boom in business analytics training across various cities likes Mumbai, Bangalore and various other metro cities as well.
Part of this shift will simply require the retooling of existing jobs, but there is also a new class of positions and skills emerging as well. Spohrer says, positions like “chief data officer” and other “data scientists, data researcher, data technology head” that will become more common within existing companies, both large and small. These jobs won’t necessarily be occupied by deep analytics-types, but by non-data professionals educated and experienced in their chosen industry while also skilled in the use of big data tools.
As with oil, companies know data is out there in large quantities and that it’s not enough to simply know where it is — it has to be extracted, refined, and delivered in a usable format to be valuable. And like the energy economy before it, the data economy needs dedicated people — 4.4 million of them by 2015 in the IT field alone, according to an oft-cited Gartner Research analysis.
But here the similarities end. The oil patch has never had much trouble finding and training enough roughnecks to get oil out of the ground, but training up skilled big data professionals is a different enterprise entirely. In the U.S. alone, a McKinsey & Company report projects a shortfall of between 140,000 and 190,000 “deep analytical” big data professionals by 2018 — that is, people with highly technical skills in machine learning, statistics, and/or computer science, the actual hands-on big data people that know how to crunch huge data sets into meaningful information.
Academically, big data is playing a role in decidedly non-data disciplines, like some portions of the social sciences and humanities, says Jim Spohrer, computer scientist and director of IBM’s Global University Relations Programs. It will increasingly become integral in medical research, various kinds of product development and modeling, and all types of research science. To remain competitive, companies will require professionals at all levels that fundamentally grasp big data concepts and know how to use them to their advantage. But what’s often overlooked in this dim projection of the big data labor market is that the impact of big data on employment goes far deeper than the deep analytics and IT fields. Companies need professionals at all levels that are not necessarily schooled in deep analytics but are nonetheless big data-savvy. These professionals don’t need degrees in computer science or statistics. It’s been a general trend in India otherwise to acquire technical degrees of BE, B. Tech before any further advancement in skill development in any fields, let alone data Analytics. But data analytics training now suffices for a good beginning in Data related domain. But even if it is packaged along with a good degree and any other tags it can add to additional amount in any given package. A VP at management consulting and technology advisory outfit Booz Allen Hamilton recently told Information Week that the company has had great success bringing physicists and music majors onto data science teams — creative thinkers who know less about computer science and more about how to look at big data problems in a different way. Though companies and economies will certainly need data scientists to manage their massive databases and information technology teams to support them, to a far greater degree they’ll need professionals knowledgeable and creative enough to leverage big data to the greatest possible advantage.
Any employment bump tied to the proliferation of big data analytics won’t be confined to IT departments or even to dedicated “data divisions” that emerge within companies. And it isn’t just big data specialists like data scientists and statisticians that stand to benefit from this boom. Big data opportunities are already being exploited in data-centered pursuits like risk management, marketing and research science, but the applications are virtually limitless. Existing companies will expand as they deploy more big data resources — both human and technological — to leverage big data to their advantage. But the space to watch isn’t necessarily existing companies reorganizing to embrace big data, but the emerging big data industry where deep analytical job growth is likely to make its biggest economic impacts. As with so many other specialized endeavors that fall outside the purview of core business — things like advertising and marketing, the latter of which is itself being completely transformed by big data analytics — many big data applications will be farmed out to outside contractors who specialize in big data analysis and problem solving, Sigman says. Scores of big data startups are already emerging (largely with the help of venture capital) to meet this demand, including MapR, ParStream, ScaleArc, and Cloudant. The ones who are able to best meet their customers’ data analytics needs are poised to become home to many of those many millions jobs big data will generate over the next few years.
Source- Fortune & Investopedia
Ananya Pandey – Senior Counselor, Imarticus Learning