Informational Technology in Business Analytics

 

Most important tools for Business are data or analytics.  “Using data analytics is a very effective way to have influence in an organization,” said Harvard Business School Professor Jan Hammond. Business analytics is the method to derive meaning from data in order to make a business decisions. Business analytics, a data management solution and business subset, refers to the use of methodologies such as data mining, predictive analysis and statistical analysis in order to analyze and transform data into useful information, identify and anticipate trends and outcomes, and ultimately make smarter, data-driven business decisions.

Business analyst helps to guide businesses to improve processes, products, services and software through data analysis. These agile workers straddle the line between IT and the business to help bridge the gap and improve efficiency.

For bridging the gap between IT and the business using data analytics to assess processes, business analysts are determine requirements and deliver data-driven recommendations and reports to executives and stakeholders.

Business analysts use real time user data and analytics tools to identify user trends, successful functions and potential user adoption problems with the applications. Data becomes more valuable to business.

The expansion and the faster, more iterative pace of software development has changed the timing of the involvement of business analytics with a given development project. A business analyst  working in a project is more heavily involved at the front end, when gathering, analyzing and prioritizing user requirements, before handing those off to developers and then moving on to another software development project. Meanwhile, analysts are working on agile projects generally stay with the project through implementation and even through multiple releases.

Through learning how to recognize trends, test hypotheses, and draw conclusions from population samples, you can build an analytical framework that can be applied in your everyday decision-making and help your organization thrive.

Bestmarg Infotech we offer you a full time career opportunity with us. We need professional business analysts with IT knowledge. We offer you a very friendly office environment and a satisfactory pay scale.