Business Analytics

The purpose of the Business Analysis is to create a transparent knowledge base about the company and, as a result, reduce the risk of failure in any part of the business and to shot outdated processes and embrace new technology. Also known as Business Intelligence contains of collecting and interpreting data concerning the strategy, the structure of activities, information flow and resources. With the help of these systems, entrepreneurs can gather and process large sets of data, which are then presented in the form of available indicators, tables or charts. The analysis of statistical data and all kinds of pointers, combined with the analysis of market trends, gives a clear picture of the situation of the business.

In a world obsessed by data, there is an increasing demand for professionals to grow skills in analysing data to better recognize how to drive innovation or growth and discover valuable insights for decision-making processes. Many major businesses prefer to hire highly skilled professionals who are skillful in business analytics and data visualization. Study of business analyst is very ingenious and could really be compared to the work of an architect.