Our world has evolved to a stage where data drives everything we do. Data sources and data points exist everywhere around us and generate huge volumes of data every day. To process all this raw information, enterprises need skilled IT professionals who are qualified to analyse and derive insights from raw datasets. This has resulted in a high and rising demand for data analysts today.
You will find data analysts in almost every organisation regardless of the industry or nature of business. Data analytics is among the leading professions around the world in terms of popularity and demand. From pharmaceutical companies to equipment manufacturers to telecom companies to automobile companies - every organisation that wants to maintain its edge in the market requires a data analyst or two.
According to the World Economic Forum’s report Jobs of Tomorrow (2020), AI (artificial intelligence) and data are identified as the leading professions in terms of growth. Of the seven roles and domains identified in the report, AI and data show a yearly growth of 41%. If you have doubts about a career as a data analyst, there’s no reason to not pursue this career.
Data analysis can be understood as the process through which a data analyst derives insights from raw data to drive more informed business decisions. This process can be broken down into five phases:
Data can be analysed in various forms depending on what you wish to achieve. With the growth in the demand for data analysis, businesses across industries are hiring professionals who have experience with gathering, sorting and analysing data at the enterprise level. Data analysts can be found in a wide range of industries like fashion, F&B, criminal justice, business, technology, public sector roles and more with different job titles. Some of the more common alternative titles are:
An analyst uses a wide range of tools during the data analysis process for higher accuracy and efficiency. The most common tools used are
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Data analysts carry out several responsibilities in an organisation every day. These include:
As we’ve established, the field of data analytics is advancing at a rapid pace. While the demand for this role is high, entering the industry at first can be especially challenging. You need to employ a few specific, strategic techniques that will help you explore and grab new opportunities.
1. Target sectors with higher growth that have thrived in the pandemic. This includes industries like health services, healthcare and pharmaceuticals, logistics, home delivery, remote work and learning and digital media.
2. Focus on pushing yourself as a brand. As a new entrant in the industry, you need to promote yourself as more than just another individual. You need to highlight your new skills and the transferrable ones that you have picked up from your previous experience or career. This is the first step towards building a new career in data analytics.
3. Leverage your status as a fresher to help you grow. The competition in the job market is fierce right now, especially with the condition of the economy and the lack of jobs in other sectors. As a newcomer, you bring a fresh perspective and advantages to your organisation. Make sure you mention all of these in your resume and applications.
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Now that you know the benefits of becoming a data analyst, you are ready to start your journey. Here’s what you can do next:
- Get a stronger understanding of analytics fundamentals: Understand the various types of data analysis and the Excel formulas required.
- Enrol in an online course on data analytics: Choose a certification training program online that provides expert mentorship and career coaching along with flexible study hours. Koenig has some of the top data analyst training courses you can choose from.
- Start building your professional network: Join analytics groups that you can find on LinkedIn, your college or school alumni groups that talk about analytics and also look at how you can attend local meetups.
- Refine your portfolio: When you are training with an expert mentor and also taking one-to-one training sessions, you have the opportunity to prepare your professional portfolio, optimise your virtual presence and begin training for interviews.
When you enrol in a training course on Koenig, you can do all of the above and more with guidance from industry experts. You will gain hands-on experience along with introduction to a larger community of data analysts and experts. You will also learn about mistakes you need to avoid for a higher chance of clearing the exam and landing a well-paying job.
2023 is quite unpredictable, given how the last two years have been. While some anticipate a return to normalcy by the end of the year, others are preparing for the disastrous fourth wave of the pandemic. Despite the unpredictability of the year, the remote working and digital data industries have thrived through the pandemic. At such a time, data analysis skills are needed more than ever.
If you are planning to switch to a future-proof career with skills that have multiple applications and will remain in demand for the foreseeable future, becoming a data analyst is the best way forward. Take charge of your career and enrol in a training course on Koenig today.
Archer Charles has top education industry knowledge with 4 years of experience. Being a passionate blogger also does blogging on the technology niche.