What is Business Analyst?

Sep 19, 2018 by Tiffany in  blog

According to a report by the McKinsey Global Institute, the United States alone could face a shortage of 1.5 million managers and analysts with the knowledge of how to use the analysis of big data to make effective decisions by 2018. 

A business analyst is an expert who has the skills and knowledge in both business  analytics and data sciences, and understands the business needs and IT resources. Successful business analysts have multiple roles, such as to be clear communicators, smooth facilitators, precise analyzers, and team players. Also, the ideal analyst has the versatility of various business functions, such as operations, finance, engineering, technology or architecture. 

In other words, business analysts are a bridge that connects each department throughout every step of development. Business analysts can make things all happen more efficiently and effectively. So what do business analysts do? Business analysts typically take the lead role in:

    • The analyst works with the business to identify opportunities for improvement in business operations and processes
    • The analyst is involved in the design or modification of business systems or IT systems
    • The analyst interacts with the business stakeholders and subject matter experts in order to understand their problems and needs
    • The analyst gathers, documents, and analyzes business needs and requirements
    • The analyst solves business problems and, as needed, designs technical solutions
    • The analyst documents the functional, and sometimes technical, design of the system
    • The analyst interacts with system architects and developers to ensure the system is properly implemented
    • The analyst may help test the system and create system documentation and user manuals

Now you might want to know how much does a business analyst make. According to U.S. Bureau of Labor Statistics, take a look at these job titles and average salaries, for a variety of business analyst jobs:

Job Title Average Annual Salary
Information Security Analyst $92,600
Computer Systems Analyst 87,220
Management Analyst $81,330
Financial Analyst $81,760

https://www.bls.gov/home.htm

Here are some business analytic opening positions listed below:

  1. Zoom is looking for Business Analyst(s), Data Science https://zoom.us/careers
  2. Cisco is looking for Business Analyst(s) https://jobs.cisco.com/jobs/ProjectDetail/Business-Analyst/1240538?
  3. Oracle is looking for Financial Analyst(s) https://oracle.taleo.net/careersection/2/jobdetail.ftl?job=1800120Z&tz=GMT-07%3A00

Data Science in Healthcare Industry

Sep 18, 2018

Author: Zihuan Tang

The coming conference in Oct is about 3000 attendees in Los Angeles Convention Center. Healthcare and data science are the hot topics in the conference. Here is the conference page: http://bit.ly/2pk3AIj. 

Data Science in healthcare is supposed to provide rigorous quantitative training and essential statistical and computing skills necessary to manage and analyze health science data to address important questions in public health and biomedical sciences.

With about 1.2 billion clinical documents being produced in the United States annually, doctors and scientists have a wealth of data to promote their research. Additionally, large amounts of health-related information are made accessible through widespread adoption of wearable computing technology, which opens up new opportunities for better, more informed healthcare.

What happened to the “Data Science” Company Wayfair

Feb 21, 2020

By Jahnavi Kachina, IDEAS

Wayfair is an America E-Commerce fast-growing company for selling furniture and home goods online. As of January 2014, Wayfair was the largest retailer store for furniture and goods in the United States, and 33rd Largest for an online retailer in the United States [1]. The company also has generated profit as shown in figure1 a). but the company is not able to make a profit since 2014 it went to the public according to figure1 b).

Big Data and Data Science in Government

Sep 17, 2018

One of the greatest strengths of big data is its flexibility and universal application to different industries. Similarly to many other industries, big data also have an enormous impact on the government, in the fields of transportation, health care, election,education, and agriculture. IDEAS will be holding a Data Science and AI Conference in Los Angeles Convention Center that will cover these topics. It will attract 200+ speakers and 3000+ attendees.

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