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Tasks of a Business Intelligence Analyst
Business intelligence (BI) is a company's ability to understand and analyze data collected from business activities and operations. BI software provides business users with insights needed to make decisions and take action based on analyses of historical trends or predictions of future events.
A Business Intelligence analyst processes collected information into meaningful, useable information that decision-makers within a company can act on. Business intelligence analysts spend most of their time working with business users to understand their requirements and data needs, before creating reports for them.
Business Intelligence Tasks & Duties:
- Determine types of questions users need answering
- Gather information from varied sources, including databases, websites, social media, internal reporting tools, etc.
- Translate complex data into consumable and understandable information to be used in reports and dashboards
- Create reports and visualizations to share insights with others
- Set up alerts for timely updates of changes to key metrics or indicators
- Use data visualization tools such as business intelligence software, PowerPoint presentations, Excel reports, etc.
- Make recommendations to improve business processes or user experience through data-informed decisions
Why Hire a Business Intelligence Analyst?
A business intelligence analyst can perform or contribute to almost any task within an organization but is most useful when it comes to unlocking the value hidden in the volume of big data. Business intelligence software allows users to create reports, build visualizations and make predictions. BI software helps you answer questions, uncover insights, or discover possibilities about your business.
- Save time by using pre-developed reporting templates
- Identify new opportunities to increase revenue or client satisfaction
- Reduce costs through process improvements
- Recognize threats before they become problems
Business intelligence is an important tool in the business world, and a business intelligence analyst can help you make sense of your data. Custom-built reporting templates allow for a better user experience and provide more accurate results quickly. Businesses with detailed projections based on historical data are able to maximize their current strategies by pinpointing opportunities within their market.
In conclusion, a business intelligence analyst can help you make sense of your data and will give you an edge over your competition. Contact us today for a free consultation with a business intelligence specialist to learn how they can help solve any issues you are facing or to discover new opportunities.