According to the forecasts by the World Economic Forum, Data Analysts are already in high demand in companies around the world. In the USA the demand for these professional figures has grown sixfold compared to what the number showed five years ago. And you should never feel surprised to hear data analysts will continue to be the most sought after profiles for the next five years. IBM, who hires the most number of data analysts all over the world has already mentioned that the demand for data analysts will lead to more than 7,00,000 new recruitments by 2021.
According to the recent analysis conducted in Italy, more than 550 Italian small and medium scale industries SMSE, more than 50% of the SME sad that they intended to hire data analysts for the next three years. The average salary of data analysts is the highest compared to other IT professionals. Moreover, this field has already reached equality between men and women. Whereas, many data analysts are women, with 59% across all over the world; men stand with 41% out of the total.
The reasons are quite simple. If you think about our uses, there are smartphones, emails, public transports, subscriptions, social networking sites, and searches on google, the amount of data increases days after days and continues to grow exponentially year after year. Data analysts go through all the data, information, manage them, and analyze them. That’s the only reason, why data analysts are the most sought out career for IT professionals in the industry with the highest annual packages.
If you’re thinking about building your career in the domain of data science, always go for data analysts course with ExcelR Solutions, the global leader and a certified training institute to provide online and offline courses at an international level from the top-notch industry experts who have more than 15 years of experience and highly skilled at it.
What do Data Analysts do?
A million-dollar question and with many answers. They follow a sequence of processes, and that makes everything easy for them. First of all, they try to understand the origin of the data, and the use of technologies, they collect and analyze data, identify the co-relations and interpretive patterns to draw conclusions and information relating to certain fields. Nowadays, big data is everything. Everything applies to big data from transport to mass marketing from workforce performance to health care and insurances.
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Skills required to become a data analyst?
Data analysts are full of many skills in them; they are good at analytical and logical skills. They are good at mathematics (statistics and probability), programming languages (r and Python), and good communication and presentation skills. When data analysts are clear with the business objectives and their objectives, it becomes so easy, and analysis comes out as more fruitful. And you need to build various strategies, and if you are a strategic planner, it becomes easy for you.