What Do Data Analysts Do?

Data Analysts could be called as those professionals who basically have their work cut out around numbers. They are supposed to keep track of numbers, collect them, collate them and then actually, almost like magic translate them into plain old English, so that even the most run of the mill person can understand it properly, without a glitch. Now one may wonder, where does all this data come from? This data is actually all the information that we humans create on the World Wide Web in the virtual world. When it comes to individuals, we usually end up creating data from the various apps, social media posts and the social networking sites that we usually refer to.

When it comes to businesses and firms, the data that is created refers to a number of sales figures, market research that is done, the tally of the logistics, transportation tasks and so on. A data analyst is supposed to take all of that data and use it in order to help companies make decisions that are better in comparison to the time they would have made it if they did not have the said amount of data with them.



Basically what a data analyst does with the data is analyses it in order to take a few key decisions that would help in the profit and benefit of the company. Like for instance an analyst can help the managers and higher ups in the company decide the certain price of a good or a service or to help one find out the kind of improvements that should be done in a certain product or even help in setting up of the various transportation costs and most importantly understanding the kind of audience they are dealing with quite thoroughly.

There are many kinds of data analysts in the field of Big Data, they include financial analysts, business analysts and even the company analysts and marketing analysts. These different types of data analysts earn money quite differently when it comes to the various kinds of skillsets that they have. According to the Bureau of Labour Statistics, a study was conducted on the daily earnings of these professionals and it was found out that they earn close to $35.75 which makes it a whopping $74,350 annually. But the surprising part here is that the survey took place in the year of 2010. This means that now the salary must be much more.

While you don’t really need to have some huge, comprehensive educational requirements to ensure that you become a part of this field. All you have got to do is have just a basic bachelor’s degree to help you sail through. While many of the upper level positions may require to have a master’s degree with you. Some of the skill that happen to be absolutely required are skills of analysis and skills of math. These help you in terms of your job ahead. Apart from these getting a skill of a programming language like SAS , R or Hadoop from institutes like Imarticus Learning also helps majorly

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