Business Intelligence, Business Analysts, Data Analysts or Business Technology Analysts
Business Intelligence
Definition:
Business Intelligence comprises the strategies and technologies used by enterprises for the data analysis of business information. BI technologies provide historical, current, and predictive views of business operations.
Terms of Business Intelligence:
The terms of Business Intelligence (BI) refers to technologies , applications and practices for the collection , integration, analysis, and presentation of business information. The purpose of Business Intelligence is to support better business decision making.
Role of Business Intelligence:
Business Intelligence is a type of software that can harness the power of data within an organization. These insights can help companies make strategic business decision that increase productivity, improve revenues, and enhance growth.
What is Business Intelligence?
Business Intelligence system combine data gathering , data storage , and knowledge management with data analysis to evaluate and transform complex data into meaningful, actionable information, which can be used to support more effective strategic , tactical, and operational insights and decision making.
Business Intelligence environments consist of a variety of technologies, applications, processes, strategies, products, and technical architectures used to enable the collection, analysis, presentation, and dissemination of internal and external business information.
Benefits Of Business Intelligence
The important of business intelligence continues to grow as businesses face an ever-increasing flow of raw data and the challenges of gaining insight from enormous volumes of information (big data).
With the employment of business intelligence systems, businesses can gain a comprehensive view of their organization’s data and translate it into insights about their business processes, enabling improved and strategic business decisions.
Business Analysts
A business analysts is someone who analyzes who analyzes an organization or business domain and documents its business or processes or systems assessing the business model or its integration with technology.
Business Analysts helps in guiding businesses in improving processes,
products, services and software through data analysis.
Benefits Of Business Analysts
Opportunity to liaise and network.
A fast paced career .
A promising vocation with visible growth.
Opportunity to see the bigger picture.
High organizational visibility and respect.
Chance to be carries of change.
Gradual growth of communication and soft skills.
Exposure to multiple domains.
Roles Of Business Analysts
Business Analysts work with organizations to help them improve their processes and systems . They conduct research and analysis in order to come up with solutions to business problems and help to introduce these system to businesses and their clients.
Role for business – IT efficiency: Business Analyst help guide businesses in improving processes , products,
services and software through data analysis. These agile workers straddle the line between IT and the business to help bridge the gap and improve efficiency.
Data Analysts
Data analysis is a process of inspecting, cleansing, transforming and modelling data with the goal of discovering useful information, informing conclusions and supporting decision-marking.
Benefits Of Data Analysts
Proactivity & Anticipating Needs.
Mitigating Risks & Fraud.
Delivering Relevant Products.
Personalisation & Service.
Optimizing & Improving the Customer Experience.
Roles Of Data Analysts
A data analyst interprets data turns it into information which can offer ways to improve a business , thus affecting business decisions.
Data Analysts gather information from various sources and interprets patterns and trends – as such a Data analysts job description should highlight the analytical nature of the role.
Business Technology Analysts
Business Technology analysts work with a business to assist in technology integration. This includes overseeing a company’s current information technology(IT) systems to ensure that the company’s technology – related goals are met.
Their tasks may also include implementation of new IT systems. In these cases, business technology analysts must ensure that daily business is disrupted as little as possible.
They should be able to compile , analyse and aggregate data. Additionally, these analysts train users and run both users and system tests.
Role of technical analyst
Technical analysts improve and maintain an enterprise’s information technology system.
They are tasked with examining the function of computer systems, identifying problems and areas for improvement in execution, and designing solutions.