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BUSINESS ANALYST VS DATA ANALYST

BUSINESS ANALYST IS A PERSON WHO IS ACT AS A BRIDGE-MAN BETWEEN THE STAKEHOLDERS AND TECHNICAL TEAMS .IT IS DEFINED AS THE ANALYZE THE DRIVEN DATA AND PROCESS THE DATA INTO  GATHERING  REQUIREMENTS , DOCUMENTATION AND ANALYZE THE DATA INTO THE VISUALIZATION INTO THE FLOWCHARTS ,DIAGRAMS  TO THE STAKEHOLDERS AND TECHNICAL TEAM. WHILE AS DATA ANALYST IS A PERSON WHO IS ANALYZE THE ORGANIZATIONS DATA AND  STAKEHOLDERS CAN UNDERSTAND DATA AND USE IT TO MAKE STRATEGIC BUSINESS DECISIONS. IT IS A TECHNICAL ROLE .

 

 

THE BUSINESS ANALYST CAN DO THE FOLLOWING STEPS :

ANALYZE BUSINESS NEEDS

DEFINE A BUSINESS CASE

ELICIT INFORMATION FROM STAKEHOLDERS

MODEL REQUIREMENTS

VALIDATE SOLUTIONS

PROJECT MANAGEMENT

PROJECT DEVELOPMENT

QUALITY TESTING

 

 

THE DATA ANALYST CAN DO THE FOLLOWING:

PERFORM DATA ENTRY

SCRUB DATA

PRODUCE AND MAINTAIN DASHBOARDS FOR DIFFERENT DEPARTMENTS

CREATE BOTH INTERNAL AND CLIENT-FACING REPORTS

 

DATA RESEARCH AND ANALYSIS

THE  REQUIREMENTS OF THE BUSINESS ANALYST  ARE

QUANTITATIVE MINDSET AND ANALYTIC CAPABILITIES

BE ABLE TO SELF-SERVE, INVESTIGATE, AND GET THE DATA

STRONG MICROSOFT EXCEL, WORD, AND POWERPOINT SKILLS

SQL PROFIECIENCY

STRONG WRITTEN AND VERBAL COMMUNICATION SKILLS

PROJECT MANAGEMENT

 

THE  REQUIREMENTS OF THE DATA ANALYST  ARE

A SET OF ANALYTICAL SKILLS, INTELLECTUAL SKILLS

SQL/CQL, R, AND PYTHON EXPERIENCE

ADVANCED EXCEL AND MICROSOFT OFFICE SKILLS

A STRONG UNDERSTANDING OF DATA MINING TECHNIQUES

STRONG  WRITTEN AND VERBAL COMMUNICATION SKILLS.

 

THE RESPONSIBILITIES OF BUSINESS ANALYST ARE THE ANALYZE LARGE AMOUNTS OF COMPLEX DATA TO PROVIDE THE BUSINESS WITH FACT-BASED INSIGHT. PRESENT RECOMMENDATIONS ON PROCESS IMPROVEMENTS THAT ADDRESS BUSINESS NEEDS OR RESOLVE INFLUENCE, GATHER, DEFINE, AND DOCUMENT COMPLEX BUSINESS REQUIREMENTS AND PROCESSES. WORK WITH INTERNAL TEAMS AND THIRD PARTIES TO ESCALATE AND RESOLVE ANY ISSUES DETECTED IN REVENUE STREAMS. PERFORM ANALYSIS TO EVALUATE BROADER TRENDS WITHIN A COMPANY’S REVENUE STREAMS. IDENTIFY PROBLEMATIC AREAS WITH THE DATA AND RESEARCH TO DETERMINE THE BEST COURSE OF ACTION TO CORRECT THE DATA.

 

THE RESPONSIBILITIES OF THE DATA ANALYST ARE THE CONDUCT CONSUMER DATA RESEARCH AND ANALYTICS WORK WITH CUSTOMER-CENTRIC ALGORITHM MODELS AND TAILOR THEM TO EACH CUSTOMER AS REQUIRED EXTRACT ACTIONABLE INSIGHTS FROM LARGE DATABASES.PERFORM RECURRING AND AD HOC QUANTITATIVE ANALYSIS TO SUPPORT DAY-TO-DAY DECISION MAKING.SUPPORT REPORTING AND ANALYTICS, SUCH AS KPIS, FINANCIAL REPORTS, AND CREATING AND IMPROVING DASHBOARDS .HELP TRANSLATE DATA INTO VISUALIZATIONS, METRICS, AND GOALS .WRITE SQL QUERIES TO EXTRACT DATA FROM THE DATA WAREHOUSE.

A BUSINESS ANALYST USES DATA TO IMPROVE THE PERFORMANCE OF A COMPANY. A DATA ANALYST, ON THE OTHER HAND, ANALYZES DATA FOR A VARIETY OF REASONS, WHETHER IT BE TO ANALYZE CUSTOMER TRENDS.

THE DATA ANALYST SERVES AS A GATEKEEPER FOR AN ORGANIZATION’S DATA SO STAKEHOLDERS CAN UNDERSTAND DATA AND USE IT TO MAKE STRATEGIC BUSINESS DECISIONS. IT IS A TECHNICAL ROLE THAT REQUIRES AN UNDERGRADUATE DEGREE OR MASTER’S DEGREE IN ANALYTICS, COMPUTER MODELING, SCIENCE, OR MATH. THE BUSINESS ANALYST SERVES IN A STRATEGIC ROLE FOCUSED ON USING THE INFORMATION THAT A DATA ANALYST UNCOVERS TO IDENTIFY PROBLEMS AND PROPOSE SOLUTIONS. THESE ANALYSTS TYPICALLY EARN A DEGREE IN A MAJOR SUCH AS BUSINESS ADMINISTRATION, ECONOMICS, OR FINANCE.

 

COMPANIES THAT ARE DATA-ORIENTED, USUALLY EMPLOY BOTH BUSINESS ANALYSTS AND DATA SCIENTISTS TO ENSURE ALL-ROUND GROWTH OF THE BUSINESSBUSINESS ANALYST CAN HANDLE SPECIFIC REGIONS OF BUSINESS, DATA SCIENTISTS CAN DESIGN ACTIONABLE SOLUTIONS TO INCREASE THE OVERALL PRODUCTIVITY AND BUSINESS PERFORMANCE.

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About Venkatesh Karedla

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