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Tag: Business Analytics Course

How Data Visualization Helps Data Analysts Make Effective Decisions Faster

Posted on by Imarticus Learning

In most organizations, the challenge is not the lack of data, but the excess of data. Companies have such a large quantity of data that it is difficult for them to organize and use it as a tool to prioritize activities. A large amount of data is often spread across different departments, including marketing, and sales.

Proper data visualization through algorithms can help a company reason through chaos. It can filter the data and digest it in a way that detects the right prospect at the right time. It also provides the rich context needed to greatly improve the efficiency of a company or a segment of it, like for example the sales team. 

Data Analysis for Effective Decision Making

Data visualization helps data analysts give an explanation and rationale as to why a recommendation is made, as well as contextual data from relevant applications, such as customer relationship management, which allows an individual to act on the recommendation more intelligently and effectively. 

Intelligent data analysis throughout proper data visualization allows the breakdown of information based on specific criteria. When a proper data analysis is carried out, not only is time saved but also, companies are able to support their decisions on facts and can be confident that they are making the most effective strategy.

Role of data analysts

Data analysts are in charge of examining a set of data with the objective of deriving conclusions in order to make decisions or simply to expand knowledge on a specific topic for which they contain information. Almost any industry or company can profit from proper data analysis if they have the required means of data visualization.

Data analytics is a key tool that helps recommend products, services, actions, or decisions that address a specific demand. Data analysts also extract value from data thanks to visualization tools. Today many universities worldwide offer data analytics courses and data visualization courses that help people become experts in delivering commercial strategies for many industries.

Why Imarticus for data analysis online course?

Becoming a data analyst will open many doors to an enormous number of possibilities in many industries. It will give you professional analyst skills, new ways to make key data-driven decisions on aspects like how, when, or where to deploy resources, or how to engage prospects and leads more effectively.

You will become of value to the industry, as you will be key in eliminating their reliance on guessing outcomes and relying on gut instincts to make critical decisions. You can subscribe to a data analytics course offered by us at Imarticus and become a well-profiled professional in this new and demanded field!  

best data analytics certification courses in IndiaAt Imarticus we offer a Program in Data Analytics and Machine Learning that has been designed for fresh graduates and early career professionals that are seeking to pursue a career in Data visualization and Analytics.

This industry-designed curriculum is offered in partnership with many industry leaders, which will be key in providing you with real-life case studies, via our data analytics courses, that will train you for the real world during your formative years. Once you have received your data analytics certification, we will guide you through interview opportunities. Come and join our Imarticus team today! 

Conclusion

The value of data visualization for data analysts is increasingly obvious when compared to the past when there were no systematic methods to determine the next action on any given customer or even of a company. Thanks to professionals with data analytics certification, today companies are able to gauge the true impact of the data, by tracking metrics against previous practices and environment, in order to make effective decisions faster.

What is Artificial Intelligence?

Posted on by Imarticus Learning

You don’t have to be a tech geek to have heard of the term Artificial Intelligence (AI). There are many articles that even state that AI will take over the world and in a way, AI has been a valuable tool in the business market. So, the question is: What is AI?

Artificial Intelligence in a nutshell:

There are many artificial intelligence tutorials on the internet to learn about this concept. In a few words, AI refers to a machine, especially a computer, doing the work of human intelligence. Instead of using humans to perform tasks like analyzing data, speech recognition, and more, now machines are equipped to do the same tasks using a couple of algorithms.

Artificial Intelligence courseIn an artificial intelligence tutorial, you will learn the basics of AI, its applications, and how it can be used to make an otherwise tedious process simple.

Many corporate giants like Google, Apple, Facebook use AI to constantly improve their services and collect valuable data.

Artificial intelligence careers are promising in the current market as they have a wide range of applications in different fields. Some of the major artificial intelligence careers include:

  • Big Data Engineer
  • Business Intelligence Developer
  • Data Scientist
  • Machine Learning Engineer
  • AI Data Analyst

There are many other fields and roles that you can apply for after receiving your course training in all things AI.

What is Data Science?

One of the top career opportunities in AI is as a Data Scientist. Let us explain this concept in short:

Data science courses include programming skills, mathematics, statistics, domain expertise, and more. This is to understand the data collected from AI and derive meaningful insights. These insights are then turned over to decision-makers to plan out business goals.

If you’re hearing phrases like Big Data, Machine Learning, Business Intelligence, and others, chances are they are referring to a data science course. Taking up a data science course can guarantee a lucrative job opportunity.

There are many data science courses in India. From an 11-month crash course to a 3-year diploma, there are many options you can look into. You can research the best data science courses in India to find the top institutions recommended for you.

Business Analytics Courses

While the job of a data scientist is to derive meaningful insights from the data, it is the job of a Business Analyst to turn them into tangible business decisions. This is another opportunity that ranks high on the pay scale in the AI industry. All you need to do is take up a business analytics course to gain knowledge on the topic and land a job in the relevant field.

Related Article:

https://imarticus.org/does-machine-learning-excite-you-check-out-the-imarticus-data-science-course/

How To Become Data Analyst After 12th?

Posted on by Imarticus Learning

Data science, especially data analytics, is becoming the most desired job in the world with time. With multiple job positions and abundant opportunities, it is only wise to opt for data science courses after 12th or graduation. Students aspiring to be data analysts need to have a clear picture of how to become a data analyst and what data scientists do.

The first thing that an aspirant needs to know is that data analytics is a subset of data science, and hence knowing what is data science is paramount to learning what data analytics is.

Why a career in data analytics?

 

As data is becoming the most essential commodity to organizations worldwide, it is only wise to opt for a data science course in India. There are many benefits of data science courses and the most important one is that you can start a career in data analytics.

Business analytics courses will also boost the knowledge of a candidate in data analytics as it will help in understanding the domain better. Before understanding the requirements let us list the benefits of a job in analytics:

  • There are many job opportunities in the domain. Thousands of vacant positions are only waiting to be filled by qualified candidates
  • The salary of a data analyst is even higher than that of an IT professional
  • There are different domains within data analytics that can be a great option for career and salary growth
  • A challenging and stimulating work environment with a great work-life balance
  • An elite lifestyle

What are the requirements to become a data analyst?

You can opt for data science courses after 12th for UG. But, there are further options to start a data science course in India even after UG at PG or doctorate levels. You can also opt for certifications and diploma courses after the 12th.

At the postgraduate level, you can opt for a specialization in computer management and computer science to start your analytics career.

For pursuing a postgraduate program, a bachelor’s degree with a minimum of 50% marks is required, preferably in computer science or data science and from a recognized university.

Apart from educational qualifications, several soft skills like analytical and numerical skills are important for pursuing a career in data analytics. Further, a deep and thorough understanding of computer software and programming languages including querying languages (like Hive, SQL, and Pig), scripting languages (including Python and Matlab), statistical languages (such as R, SPSS, and SAS), and Excel is a must.

Besides, data analysts must possess problem-solving and interpretive skills to explain and present the process of data analysis and its results to decision-makers.

A data analytics course can help a student after 12th to bag high-paying jobs like data scientist, data engineer, database administrator, data analyst, and data architect. If you want to expand your job horizon, then you can even choose to do business analytics courses to end up in even higher positions with better commissions.

Why Working Professionals Must Learn Business Analytics?

Posted on by Imarticus Learning

The business world is currently witnessing the worst catastrophe ever. Employees across the world are struggling to save their jobs. It is tougher to get a new job, even though there are opportunities around. But what decides who gets the prize?

Business Analytics CourseBelieve it or not, professionals who have undergone a business analytics course have a better chance of landing jobs when compared to those who don’t. Learning about analytics works for the advantage of the company as well as for the professionals.

Multi-skilled professionals score more!

The need of the hour is multi-skilled professionals since several companies are paring down their employees to cut their expenses. At this moment someone with multiple skills in a wider area becomes an asset.

The profile of a business analyst covers different areas such as data mining, research, technology, analysis, communications, etc. The analyst is the one who goes through data to come up with the right solution for a problem in business.

A business analyst is someone who identifies the pulse of the customer to find out what is expected and how to deliver the expected quality product. The analyst will need to go through an endless range of data to find out the key factors that work and then implement it most effectively.

It is the implementation part that requires the use of the different areas of expertise expected of a business analyst. Someone who is knowledgeable in this area is most likely to score above the other fellow workers.

Going with the tide

Professionals are taking full advantage of the current work from home scenarios. Not all of them are enjoying some time at home. Instead, they have enrolled themselves in several courses to upgrade them in their profession.

Learning analytics is definitely on the cards for several of them. Not only would it allow them to learn something new but also make them eligible to test some new waters.

Business Analytics CourseBusiness analysis is definitely one of the best options for freshers. Luckily for them, there are a number of business analytics online training options that they can choose from. Undoubtedly, it will be a new opening for them while helping them swim with the flow.

It’s part of the competition

From the companies’ point of view, the competition between them is getting tighter and the best way to get the edge is to find professionals who are capable of raising the bar. Getting the most skillful person wins half the game.

In order to fulfill such roles, the employees need their skill set polished and upgraded. The scope for a business analyst is higher since the finance as well as the business sectors rely hugely on stored data. The success of any business depends upon how the data is utilized in the best way that reaches the customers.

Bottom Line

The business analysis course makes way for improving knowledge for professionals. At the same time, it also helps them polishing their leadership qualities. This is one profile that qualifies for someone starting from scratch or for a well-established business. Both of them need the assistance of data analysis to grow their respective businesses.

What makes it more appealing is the fact that any professional from any background can become a business analyst and end up making crucial decisions that change the course of the businesses.

Current Trends Likely to Shape the Future of Business Analytics

Posted on by Imarticus Learning

 

Business Analytics is the process of organizing a company’s data into a simpler and more understandable form, in order to allow the administration to take a better decision with respect to the growth of the company.

Many individuals, after taking the Business Analytics course in Thane, are employed in multinational companies. They are tasked with providing relevant information, backed with suitable data, to the company’s administration. This makes for better decision making, which in turn, increases the rate of revenue made by the company. Business analytics could also be seen as an iterative investigation of a company’s past records. Recommendations are made in accordance with the study to ensure the betterment of the company.

There are a number of trends today which are shaping the future of Business Analytics. Keeping up with these trends and analyzing them is also a major part of the future. This makes it the right time to take up the Business Analytics Course. In this article, we will specifically talk about these trends.

Machine Intelligence

Machine Intelligence refers to creating smart machines which could act and perform specific activities just like humans. These machines are designed to work similar to human activities and natural phenomena. The machines learn from specific data sets customized to their activity. These are organized by individuals with skills in business intelligence.

Artificial Intelligence is only as good as the data provided to it.

With technological advancement, we have come to the invention of a medium both to enhance human intelligence, and replace it with something smarter and more efficient. Artificial Intelligence (also called augmented intelligence) takes its decisions on its own in accordance with its programming and learning from the data provided to it. An essential aspect of AI is that it is only as smart as the data. Business analytics serves that purpose by providing the AI program with a sorted and efficient set of data.

Internet of Things reached $170.57 billion in 2017.

The Internet of Things (IOT) is a market of devices which provide users with data on the basis of machine-to-machine communication. These devices or machines (like the Fitbit and smart watches) collect data from the user, interpret and analyze them by their parameters, and return their results accordingly. The IOT market is expected to rise to $561.04 billion by 2022. This will be a result of business analytics, through which a more organized data set is expected to be provided. Business analytics provides these wireless devices with properly understandable data which helps them provide simplified and relevant data in return.

Takeaway:

With the advent of technology, consumer expectation has shot up accordingly. Devices for instant entertainment, wireless communication, and other smart devices have experienced a rise in market demand. Moreover, the demand for sensors in these devices has also been increasing. Business analytics is that field of data simplification which is needed to convert this expectation into reality. If you are thinking of a career in Business Analytics, this is the best time to take Business Analytics course in Thane.

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.

What is The Meaning of Business Analytics?

Posted on by Imarticus Learning

What is Business Analytics?

According to the definition of business analytics, it means, “The study of data through the statistical and operations analysis, the formation of optimization techniques and the communication of these results to customers, business partners, and college executives.”

Business analytics is supposedly a quantifying mechanism, which works with big data and performs various functions of business modelling and decision making for furthering the business prospects of various companies.

Big data basically refers to a huge volume of data, meaning information that could be both in a raw format or a properly structured format. This is also known as unstructured data and structured data in the business analytics jargon.

This information that is available on such a massive scale to companies, is usually used by them by the method of analyzing of the same. When firms analyse this information, they are basically making use of business analytics to do so. This way once the process of analysis is done, the companies are able to get the proper insights that are required for them in order to take more effective business decisions and strategist in terms of their future endeavors.

More and more companies have begun to make use of business analytics, in order to make data-driven decisions these days. As the process of business analytics is actually able to mine this data, process it and derive the proper kind of insights, which then help the companies in achieving the much sought after competitive edge over their contemporaries.

This is the reason why more and more firms and professionals today are getting attracted to the process of Business Analytics or as it is popularly known BA.

Business Analytics gains importance. It is business analytics courses that makes it possible for the organisations to connect to their data, and use it effectively to identify new opportunities.

This further leads to a better business environment, where you can make informed decisions, create an efficient operations environment, gain higher profits, and acquire happy customers.

Companies using Big Data Analytics gain value by :

Cost Reduction, Cloud-Based Analytics, Hadoop, and similar technologies can not only bring down the cost of storing large amounts of data but at the same time they can bring about more ways of doing business.

Quicker Decision making, with the availability of in-memory analytics, and to add to that the ability to analyse the new sources of data, businesses can analyse real-time data, and make immediate decisions based on what they have learnt.

Segmented Products and Services, the power of analytics is that it can gauge customer needs so that organisations can create product catering to specific needs of the said customers.

Business Analysis
The only pitfall that organisations applying big data analytics initiatives need to be alert on, is the lack of internal analytics skills and the high cost of hiring experienced data scientist and data engineers to bridge the gap. If you are a fresher looking at career opportunities, with interest in data analytics, then getting yourself trained in techniques of Big Data Analytics, will be a fantastic career choice.

For companies, in particular, this field offers a host of benefits in terms of conducting various procedures such as data mining, completion of statistical and quantitative analysis in order to discern how results actually are achieved. Business analytics even helps companies by testing all of the previous decisions by using multi-dimensional testing methods as well as predictive modelling and predictive analysis in order to forecast future results.

It is this very field of operations which provides firms with the support that they need in order to make the most proactive and tactical decisions and also to make their decision making processes automated, in order to enable them to support all the real-time responses.
Business Analytics
Another concept which is quite similar to business analytics is business intelligence. Here it refers to only and only the process of collection of data from all of the sources that are available and only preparing it for Business Analytics. This includes automating and monitoring of all the sources basically for the main purpose of analyzing them and then being able to provide proper results and insights for the same.

Today as the presence of data in our world becomes quite strong enough, there are a number of professionals who actually go get certified in business analytics from many esteemed institutes like Imarticus Learning in order to enter this field.

Would a master’s degree be required for a career in Big Data analytics or Data Analytics?

Posted on by Imarticus Learning

 

Run any search for jobs in Business Analytics, and you find there are ample opportunities for aspirants with zero experience. All they ask for is skills in business and data analytics.

Here are the skills required to succeed in business analytics career. 

  1. An Inquisitive mind:
     A keen solution finder uses a large data set to understand the how’s and why’s of any complex financial situation and works to find the correct solutions. This trait is absolutely essential for the role of a BA.

  2. Communication and perceptive skills
     Actionable solutions, domain expertise, and experience in interpreting the solutions are essential when designing a service or product, making decisions and working on large volumes of data. To form the right strategy, one needs great perceptive and communicative skills to implement the solutions which are data driven.

  3. Conceptual understanding of methodology and tools
     Knowledge of Excel, SAS etc. is a good starting point. However, applying these thoughts to data analysis with them will take you places. These are vital skills for every BA coupled efficiently with intelligence to use the results practically.

  4. Observing small details
     Keeping the small details in the big picture meticulously in mind ensures correct perceptions and insights.

  5. Numerical and Quantitative Skills
     Figures, mathematical formula and Big Data will be constant companions. To make a successful career, you will find that the BA job roles call for a fusion of project management and analytics. A foundation in engineering and mathematics with excellent communication and analytical skills is essential.

    While engineers tend to move towards the information management and data engineering fields, aspirants with some business experience easily transform into roles as a Business Analyst. An MBA graduate should enhance skills by doing a business analytics course in Thane.
  6. Those graduates with an MBA who already have some background in business should opt to enable a career as a BA by upgrading skills with online short courses. Such aspirants will be empowered with a good skill set in business analytics that helps start a career with some certification.

    Requisite technical skills    : A Business Analyst must have proficiency in the application of statistics with conceptual knowledge of suites like SQL, R, SAS, testing framework, SPSS, Hive and tools in BI such as Tableau, Excel, Spotfire, Qlik, among others. Skill sets required change depending on the infrastructure and organisation’s requirements and functional roles needed.

    These courses offer a good grasp of fundamentals, concepts, theoretical knowledge, practical skills and certifications that could help enhance your resume and career. They also offer boot camps, short term workshops, and basic knowledge of SAS and R. 

    While certification definitely helps you need to be an excellent communicator and work diligently to acquire the best analytical and business skills. Another advantage in such courses is of mentoring by certified and experienced industry aces that helps garner the latest best practices, techniques, skills, and practice on the latest trending technologies in the field of Business Analytics.

    Payouts: BAs bring analytic and business skills to the table and receive good remuneration. The average annual salary is 859,025 INR/ year for a Senior Business Analyst as per the figures of Pay scale. The annual average payouts of a BA is INR 6,44857/year as per Glassdoor. 

    Top Employing Enterprises: Some high-ranking companies in Business Analytics to watch for are Cognizant, TCS, IBM, Wipro, Infosys, Accenture, HP, Deloitte, Capgemini, Genpact among others and in no particular order. Some startups like Mu Sigma Analytics, Fractal Analytics, AbsolutData can offer you the best opportunities in the field of business analytics.

    Though these technical skills will definitely help you for a career in Big data analytics, still it is a beneficial if you have master’s degree, which will also boost your career in business analytics.

How Do You Start Learning Data Analytics Step by Step?

Posted on by Imarticus Learning

If you are looking to make a career in data analytics congratulations! You just found the one niche where the demand outstrips supply and employers find it hard to find the right candidate. The areas where demand for BAs outstrips the supply are retail, healthcare, banking, hospitality, e-commerce, and manufacturing amid many others.

What the payouts are: BAs ring analytic and business skills to the table and receive good remuneration. The average annual salary is 859,025 INR/ year for a Senior Business Analyst as per the figures of Pay scale. The annual average payouts of a BA is INR 6,44857/year as per Glassdoor.

Demand for jobs: Some high-ranking companies in Business Analytics to watch for are Cognizant, TCS, IBM, Wipro, Infosys, Accenture, HP, Deloitte, Capgemini, Genpact among others and in no particular order. Some startups like Mu Sigma Analytics, Fractal Analytics, AbsolutData can offer you the best opportunities in the field of business analytics.

Top roles are:

  • Data Analyst
  • Business Analyst
  • Product Manager
  • Digital Marketer
  • Quantitative Analyst

So let us look at how you would go about learning and equipping yourself best for this job.

How can you pursue a career in business analytics?
Business analytics helps companies with gainful insights from large volumes of data it generates to automate and tweak business processes. Today, Big Data is the largest asset of companies which they deploy through statistical analysis to perform predictive business analytics, find relationships, patterns, and understand future outcomes.
Here is how you can jump-start a career and learn business analytics.

There is constant demand in modern times for business analysts and MBA qualified candidates in the developing ITES and IT industries.

Begin your career with a business analytics course in India.
On the road to a bright career today, you find that the BA job roles call for a fusion of project management and analytics. A foundation in engineering and mathematics with excellent communication and analytical skills is essential. However, those who already have some background in business opt to enable a career as a BA by upgrading skills with online short courses.

These aspirants are empowered with a good skill set in business analytics that helps them start a career with some certification. Graduates in engineering tend to move towards the information management and data engineering fields, while aspirants with some business experience easily transform into roles as a Business Analyst. An MBA graduate should enhance skills by doing a business analytics course.

Learning the Requisite Skills: A Business Analyst must have proficiency in the application of statistics with conceptual knowledge of suites like   SQL, R, SAS, testing framework, SPSS, Hive and tools in BI such as Tableau, Excel, Spotfire, Qlik, among others. Skill sets required change depending on the infrastructure and organization’s requirements and functional roles needed.

These courses offer a good grasp of fundamentals, concepts, theoretical knowledge, practical skills and certifications that could help enhance your resume and career. They also offer boot camps, short term workshops, and basic knowledge of SAS and R. While certification definitely helps you need to be an excellent communicator and work diligently to acquire the best analytical and business skills.

Another advantage in such courses is of mentoring by certified and experienced industry aces that helps garner the latest best practices, techniques, skills, and practice on the latest trending technologies in the field of Business Analytics.

Convince yourself with the right inferences and answers from the data above and start off on a promising journey in business analytics.

We offer data analytics courses at our centers in Mumbai, Thane, Pune, Jaipur, Delhi, Gurgaon, Bangalore, Chennai, Hyderabad, Coimbatore.