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Who are Data Analysts? How Codegnan helps you to become one? What is the average salary of Data Analyst?

by | Mar 30, 2019 | Blog | 0 comments

Who are Data Analysts?

Data analysts are those analysts whose work is to translate figures from complex English to normal English.

Every trade, business, company or organization gathers data and information that would include sales, profits, losses, logistics, transportation costs, equities, dividends, liabilities, assets or any data dealing with figures.

Data Analyst’s Role and Responsibility

The job of these data analysts is to convert all these figures or numbers into simple English and present them in front of the audience so that it is understandable.

Not only this, but their responsibility also involves using all these data or figures, analysing them and then using it to assist the companies or organizations to enhance their business strategies and take impactful decisions based on these data or figures.

For example, the data analysts can analyse a data based on the transportation costs derived from the company’s accounting books and can come up with the strategy on how to improvise or reduce the costs of it but still keeping the quality of transport intact.

This involves a lot of research intellectually as well as physically wherein the data analyst can liaise with several members from the transport team, understand their nature of work, amount of labour required, where there is a scope of improvement and where capital can be saved that would benefit the organization.

All these types of job are conducted by the data analysts.

Skill needed to work as a Data Analyst?

Depending on the experience or expertise of a data analyst, they can be placed at the following divisions or sectors to work on:

1. IT Teams

Yes, data analysts can also be a part of IT Teams. They can work with the IT professionals to understand their nature of work and research on determining the best organizational goals in terms of IT investment. 

As most of the organizations in the present day are focusing to enhance their technological aspect, these data analysts play a vital in determining and taking effective investment decisions for the organization.

2. Data Mining

Data analysts can also be a member of the data mining department. As these teams mostly work on assembling data from different sources or source systems, the data analyst can contribute their unique or creative ideas to reduce the workload, which in fact will reduce the workaround time. .

This will ultimately benefit the organization by introducing cost-effective technologies in place that can reduce manual labour and promoting healthy working hours for the employees along with positive culture too.

3. Statistical teams

Relating to data mining, these teams are responsible to provide the statistical analysis about the company’s growth and earning on a yearly basis.

These processes are quite complicated as they have to rely on a lot of teams to gather enough amount of data to analyse it. Firstly, they have to identify if the gathered data is accurate or not, if yes, they can continue further to validate this data with the ones they have.

 Any discrepancies in data again involve further analysis which is usually conducted by experienced individuals. All these analyses can be performed by the data analysts in order to assist them in taking an effective decision for the team and company. The work of these data analysts will definitely make a positive impact on the team.

4. Business Analytics

Business analytics team are considered as the game-changing the team for any organization. Their job is to collaborate with all the teams who are looking for process enhancement and developments but are unable to do so due to an insufficient amount of knowledge or resource.

The members working in these teams are highly talented and knowledgeable who would sit next to you and learn what you do in order to understand the workflow of your process. Then, their analysis begins by understanding the nature of your work and how it can be modified using technology.

The members working in these teams are highly talented and knowledgeable who would sit next to you and learn what you do in order to understand the workflow of your process. Then, their analysis begins by understanding the nature of your work and how it can be modified using technology.

5. Data Science

Members working in these teams are responsible to understand the workflow of the data management flow within the company. They are responsible for maintaining consistent inflow and outflow of data coverage within the company to run the show.

Data analysts can liaise with these teams to understand their nature and sensitivity of the work they do and they can research on how to make this process uniform and transparent. All these teams rely on huge databases to feed in the data and manage the enormous amount of data stored.

 These data analysts can come up with a unique strategy to properly manage and maintain these data sets in order to mitigate all sorts of risk involved and benefit the organization to a great extent. The work is quite extensive and rigorous in nature but these analysts can help in reducing the workload of the individuals.

6. Correlations team

This is the base team for any small or big organization as their job is to maintain proper and stable relationships within the teams in the organization by maintaining complicated data sets. As most of the teams have common databases that they use, it becomes difficult for any specific team to maintain or handle such databases.

There is always a possibility of data mismatch because of this usage of the same databases by different teams. These data analysts can liaise with the respective teams and work on stabilizing such processes to bridge the gaps.

Again, this process also involves a lot of research and patience as you have to liaise with multiple teams, a different set of people, and different nature of work and so on. Designing rational databases or systems would definitely benefit the organization as well as the team to maintain a stabilized flow of work.

How Codegnan can help you to become Data Analyst

Data analysts are very often termed as junior data scientists. Most of these junior scientists focus on tackling particular tasks in the businesses by using the existing set of data, applications or data sets and often don’t enjoy the freedom of creating their own huge data projects.

Codegnan would help you in creating your business models by using new applications or ideas. This website is a source for all the aspiring candidates who are willing to make their own start-ups or projects.

You can rely upon a lot of information readily available on the official website free of cost. In addition to this, there are a lot of professionals who have contributed to their own experience and ideas that would help you understand and take any effective decision in your life.

Do visit this site to learn more about what data analysts work looks like.

Course: Data Analyst with Python Training in Vijayawada

Data analysts are very often termed as junior data scientists. Most of these junior scientists focus on tackling particular tasks in the businesses by using the existing set of data, applications or data sets and often don’t enjoy the freedom of creating their own huge data projects.

Codegnan would help you in creating your business models by using new applications or ideas. This website is a source for all the aspiring candidates who are willing to make their own start-ups or projects.

Who are Data Analysts? How Codegnan helps you to become one? What is the average salary of Data Analyst? 2

 

You can rely upon a lot of information readily available on the official website free of cost. In addition to this, there are a lot of professionals who have contributed to their own experience and ideas that would help you understand and take any effective decision in your life.

Do visit this site to learn more about what data analysts work looks like.

Course: Data Analyst with Python Training in Vijayawada

What is the average salary of a Data Analyst?

Salary ranges are literally the hot topics discussed amongst every individual who is aspiring to be a data analyst. This would certainly depend on the experience and expertise you have and what kind of data analyst you would want to be.

Generally, as per current statistics, the salary of the data analysts ranges between $29.12 to $35.75 on an hourly basis. If you want to know on a yearly basis how much you can expect your salary to be, then it may range between $60,570 to $70,960 annually on an aggregate.

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