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Business Intelligence Salary in India: For Freshers & Experienced [2024]

Business Intelligence Salary in India: For Freshers & Experienced [2024]

Updated on 04 January, 2024

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• 16 min read

Rohit Sharma

Business Intelligence Salary in India: For Freshers & Experienced

Table of Contents

What is Business Intelligence?
Who is a Business Intelligence Developer?
Business Intelligence Salary in India
Popular Skills for Business Intelligence (BI) Developers
What does a BI developer do?
BI developer skillset
Why choose a career in Business Intelligence?
Top Companies Hiring for a Business Intelligence Role
Conclusion

The business intelligence market is thriving. We have a few figures for you to set the ball rolling. The global business intelligence market, which stood at $15.6 billion in 2016, is expected to reach $29.48 billion in 2022 (11.1% CAGR). Over 46% of small businesses have business intelligence’s virtual networking features in their core business strategy. Cloud BI adoption nearly doubled in 2018 from what it was in 2016.

Let’s see how companies use BI fare as compared to their competitors. So companies that occupy the top three positions in their respective industries and that make decisions backed by data were found to be 6% more profitable and 5% more productive as opposed to their competitors. More than 35% of manufacturers in the Asia Pacific region use business intelligence solutions. A survey conducted in 2018 revealed that over 90% of sales and marketing teams rely on Cloud BI for getting their work done.

These trends and statistics tell you how BI is expanding across the world. Things are only going to better in the future. If you are thinking of joining the BI bandwagon, this is the right time.

We will talk about business intelligence salary in India a little later in the piece. Let us first see how business intelligence works and what a BI developer is required to do?

What is Business Intelligence?

To set the record straight, let us tell you right at the beginning that business intelligence is a broad term that can be defined in more ways than one. Moreover, we are seeing newer ways of how BI can be used to benefit the business. Let us, for now, stick to its basic definition. So business intelligence is defined as the set of processes, tools, and infrastructure that businesses use to find and analyze critical information.

Business intelligence systems are designed to help businesses draw valuable insights from the huge data that they have access to. BI systems can work with both internal and external data sources. When they are used for internal data, these systems provide an overview of several important points, including stakeholder requirements, customer pain points, industry-related issues, and more. On the other hand, BI systems are mostly used to collect competitive intelligence and market trends data when working in an external environment.

Read: Business Analysis Vs Business Intelligence

Who is a Business Intelligence Developer?

The past and present of your business is recorded in bits and stored as data. Everything from human resources and sales volumes to marketing figures, budgeting, and a lot more data is stored in different systems and applications. And all this data can come from more business domains than you can ever imagine. As a business, you should always look to extract value out of this massive amount of data. There is no point in collecting and keeping it. You need to put all of this data to work. This is what a business intelligence developer does for you.

A business intelligence developer or BI developer is your organization’s data engineer that develops, deploys, and maintains business intelligence systems and interfaces. Some of these systems include data modeling tools, query tools, ad hoc reporting tools, and data visualization tools amongst others. Developing BI systems is not easy. It requires an understanding of databases, data analysis, and software engineering amongst other concepts.

So if you have worked as a data engineer in the software development real of an organization and have some experience in business intelligence, you can be a BI developer with a little more understanding of how the interface development process works. You can take a relevant online course in BI to do that. So what salary can you expect to earn after completing this course?

Business Intelligence Salary in India

Before we begin discussing salaries, we would like to first make it very clear that your pay can vary depending on a lot of different factors. It depends on your location, your experience, your skills, and your educational qualifications. An opportunity to work with a top firm also enhances your chances of earning more than what candidates with similar skills and experience as you are earning. Also, the salaries mentioned here is an approximation. We are discussing these salaries to provide you an idea of how things work in the industry and what you can expect when you join a company as a BI developer.

The average base salary of a BI developer in India is 5,10,000 per annum. This figure has its upper and lower limits that depend on different factors, most of which have been discussed above. The lower limit is 2,00,000 per annum and the upper limit is 1,287,000 per annum.

You can increase your chances of getting a higher salary than the base average by controlling the factors that are in your hand. So you can choose to work in a location that pays higher than the national average. You can also put forward your candidature in companies that pay their BI developers more than others.

Source

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Business Intelligence Developer Salary based on Location

Source

Let us now discuss BI developer for different cities. We are starting with New Delhi. If you are working as a BI developer in New Delhi, you will be paid slightly higher than the national average – 5,45,000 per annum. If you are in Mumbai, your salary will be exactly what the national average is – 5,15,000 per annum. However, this figure sees a significant rise in Bangalore, which is often referred to as the Silicon Valley of India.

The BI developer salary in Bangalore is 7,52,000 per annum. Hyderabad sees a dip from the national average. You can expect to make 5,02,000 per annum as a BI developer in Hyderabad. In Chennai, it is again close to the national average but a little on the higher side – 5,47,000 per annum. A BI developer can expect to earn around 5,12,000 per annum in Pune. Kolkata pays its BI developers the lowest salary – 4,78,000 per annum.

Source

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Pay Difference by Location

▲29%

▲14%

▲4%

▼2%

▼4%

Hyderabad, Andhra Pradesh

▼5%

Noida, Uttar Pradesh

▼18%

Let us now see how location affects your salary. Before that, let’s tell you that the demand in a particular location also plays a very important role in determining the compensation. Chennai and Bangalore are higher than the national average. However, the same can’t be said about Mumbai, Pune, Hyderabad, and Noida. All these cities don’t pay their BI developers too well.

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Business Intelligence Developer Salary in India – Based on the Employer

Source

Tech Mahindra pays its BI developers the highest salaries. The average at Tech Mahindra is 8,37,000 per annum. No other company is even close to this figure. Cognizant is the distant second with 6,07,000 per annum. Accenture (6,00,000 per annum) occupies the third position in the list of top three companies that offer the highest compensation to BI developers.

The salaries offered by other companies are even lower than the national average. These companies include Capgemini (4,85,000 per annum), Tata Consultancy Services (4,54,000 per annum), and Infosys Limited (4,34,000 per annum) respectively.

Business Intelligence Developer Salary in India – based on Experience

Source

A BI developer who is just entering the industry after completing education can earn around 2,96,000 per annum including bonuses and other benefits. A business intelligence developer with 1-4 years of experience earns up to 4,52,000 per annum on an average. A business intelligence developer in the middle of his career, with 5-9 years of experience, is paid around 8,74,000 per annum.

BI developers with 10-19 years of experience can earn an average of around 1,236,000 per annum. There are other factors at play as well that can decide the ultimate salary you are offered at an organization. These factors are specific to those organizations.

Entry Level	Mid-Career	Experienced
2,96,000 per annum	8,74,000 per annum	1,236,000 per annum

If you were thinking that experience doesn’t really matter, you need to change the way you think. Experience has a major role in deciding your salary not only for the position of a BI developer but for any other position as well. We have data backs our claim. So an experienced BI developer earns as much as 145% more than an early career developer. A mid-level BI developer also earns a 73% higher salary than the base average.

Business Intelligence Developer Salary based on Skills

Now there are skills that can help you earn more than the average. BI developers proficient in SQL usually earn around 5,08,000 per annum. BI developers skilled in ETL (Extract, transform, load) repaid around 5,10,000 per annum. If you are proficient in Microsoft SQL Server, you can earn up to 5,30,000 per annum. Your data warehousing skills can help you earn a salary of around 5,85,000 per annum.

Source

Popular Skills for Business Intelligence (BI) Developers

Source

Business Intelligence

₹507,879

SQL

₹508,332

ETL (Extract, transform, load)

₹509,769

Microsoft SQL Server

₹529,627

Data Warehouse

₹585,403

Let us now see how popular skills affect your salary as a business intelligence developer. Proficiency in data warehousing can pay you 16% more than the average. Knowledge of Tableau Software can help you increase your salary by 11%. Business intelligence developers skilled in SQL and ETL can also expect a higher salary. However, the same can’t be said about skills, such as Informatica, SQL Server Integration Services (SSIS), PL/SQL, and SQL Server Reporting Services (SSRS). These skills won’t have any impact whatsoever on your salary.

Let’s now see what people in related professions earn. A software engineer earns in the range of 2,56,000-1,000,000 per annum depending on their experience and skill set. A software developer usually receives compensation of around 2,08,000-1,000,000 per annum. Other related roles include data analyst (1,95,000-9,25,000 per annum), IT team leader (5,86,000-2,000,000 per annum), IT consultant (3,89,000-2,000,000 per annum), and .NET software programmer/developer (1,76,000-9,90,000 per annum).

So what are you required to do as a BI developer? Let us find out.

What does a BI developer do?

The basic responsibility of a BI developer is to decipher the hidden gems inside business data. Here are a few more:

Analyze market, business, and product trends to create warehouse data
Convert business needs into technical details
Develop systems that provide the information required for decision making
Put warehouse data to work to create reports that support business performance and decision making
Maintain platforms for data analytics
Analyze and improve current BI interfaces
Troubleshoot different BI models
Deliver high-quality reports to customers
Run QA checks on different reports

BI developer skillset

The skills required usually depend on the project that a BI developer has to work on. There are projects in which a BI developer is required to work more like a SQL specialist than a software engineer. In others, there could be an equal mix of both these skills. It doesn’t mean that you can do without any of these skills or others. Listed below are some important skills that a BI developer needs to have:

Experience in using BI tools
DB/DBA background
Business analysis
Software engineering
Data analysis
Troubleshooting or debugging

Learn more: Data Analyst Salary in India

Why choose a career in Business Intelligence?

If data inspires, excites, and amazes you, then one of the best options when it comes to choosing a career is Business Intelligence (BI). You can become a business intelligence developer and work with large amounts of information to find patterns that can be used to make more informed and profitable business decisions. Your interest in computer science and related applications and how they work in the business world can earn you a rewarding career as a BI developer.

We are all living in an era of information. We have access to enormous volumes of information, which can be put to better use than how it is usually used. This is where business intelligence comes into play. A business can use the expertise offered by a BI developer to strategically use the available information and propel its growth beyond its competitors.

A BI developer can also help businesses to improve several other things, including profitability, brand awareness, organizational efficiency, and internal engagement amongst others. It is expected that the BI industry will soar higher than ever by the end of next year.

Also Read: Top 7 Career Options After MBA Business Analytics

Top Companies Hiring for a Business Intelligence Role

Business Intelligence is a very important part of the digital transformation that the world is going through. Several top companies think this to be an asset for businesses because it helps in consumer satisfaction and increases efficiency and ROI. This also gives a competitive edge to the company. The companies offer a great BI developer salary. There are several companies that are hiring business intelligence professionals like –

Deloitte – Deloitte is a large company that has investigators who have had considerable training and have worked in the private and public sectors. They have conducted in-depth investigations related to fraud, asset searches, and other issues. Deloitte is constantly hiring business intelligence professionals who are able to conduct background checks, asset searching and tracing, and find out more open source investigations about large companies.
Boston Consulting Group – As a team member, you will have a lot of interactions with a variety of stakeholders from various departments and locations inside the company. The position is part of the larger Global Financial Planning & Analysis team, and it involves coordinating and collaborating with the organization’s Analysis, Planning, and Reporting departments. Boston Consulting Group is on the lookout for business intelligence professionals who will be developing and enhancing the business and be an integral part of the core team.
Dell Technologies – In your role as a senior BI expert, you will analyse company data to provide insightful metrics and find patterns that boost organisational performance. As a trusted adviser to the company, you will promote best practices and exchange knowledge across the organisation and consult with end users to ascertain their information needs. Dell Technologies is looking for BI professionals constantly. They offer a great power BI salary in India.
BARC India – BARC is looking for a BI professional who will communicate with the entire team and get insights into the organization and clients. Closely work with Market Analytics and partnerships to provide insights into the causes of viewing changes for multiple data searches created by the BARC membership based on raw information.
Schneider Electric – As a business intelligence expert, you must be able to lead and support marketing teams using appropriate tools. You must have a good understanding of the transformation processes and digitalization. They offer great power BI salary in India.

Your Guide To Land a Business Intelligence Job

Here are some steps that will help you land a great job with a great BI developer salary

Get a Degree – Getting a four-year bachelor’s is the initial step toward becoming a business intelligence analyst. Data science, computer science, statistics, business administration, economics, and related subjects are typical majors for business intelligence analysts. Whatever your major, taking courses in technology, data, and statistical analysis can help you in your job as a business intelligence expert. A business intelligence analyst salary depends quite heavily on getting the correct degree.
Get an internship – Many bachelor’s degree programmes provide students with the chance to participate in an internship programme in the business sector or in a particular industry, like accountancy. If you’re interested in a career as a business intelligence analyst, completing an internship programme will help you build your professional network while gaining the required work experience you’ll need to be considered for the job. The power BI developer salary in India is great even while pursuing an internship, which is bound to bring even more lucrative opportunities with an improved experience.
Get an advanced degree – Many business intelligence analysts to decide to continue their training in order to enrol in master’s level degree programmes like the MBA. Business intelligence analysts may have additional employment options and higher earning potential with a master’s degree. For careers as business intelligence analysts, some businesses may even take a master’s degree in place of extra relevant work experience. This influences the power BI developer salary in India.
Gain relevant experience – If you’re interested in working as a business intelligence analyst, you should study the job specifications to see if there is any experience required for the position.

Candidates for business intelligence analyst positions are frequently preferred by employers if they have relevant job experience in IT or business. Through internship programmes and entry-level jobs in your field, such as those of a business analyst, you may be able to acquire the expertise required for the position and a great business intelligence analyst salary.

Conclusion

If you are planning a career in business intelligence, you should know that it is a very good career option. The demand for this role has increased significantly in recent years. If you are a software engineer who is looking to take the plunge, you should look for online BI courses that can help you learn the required skills without leaving your existing job.

If you are curious to learn about data science, check out IIIT-B & upGrad’s PG Diploma in Data Science which is created for working professionals and offers 10+ case studies & projects, practical hands-on workshops, mentorship with industry experts, 1-on-1 with industry mentors, 400+ hours of learning and job assistance with top firms.

Learn data science courses online from the World’s top Universities. Earn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career.

Frequently Asked Questions (FAQs)

1. What is the significance of BI tools?

BI or Business Intelligence tools are software that helps in efficient data analysis by providing various powerful features and options including interactive reports, intuitive dashboards, cloud support, and integration with various applications. There are many popular BI tools out there in the market providing some unique features to help effective analysis of complex data for organizations. With industries generating huge datasets, it becomes highly counterproductive to handle these datasets manually.

2. What features make Power BI one of the most popular BI tools?

The list of Power BI components seems to be never-ending. It offers various features that you need not go anywhere else. Some of these components are as follows: Power BI supports various kinds of files and allows data and file transfer from a wide range of sources. To transfer large data files, the users can either use Power BI premium or Microsoft Azure. Power BI Desktop is a powerful tool that allows you to visualize your data in multiple ways. It offers you different types of charts and graphs like scatter charts and line graphs. Power BI Service is a cloud platform where you can upload your work and share it with your team. It also allows you to create your customized dashboard to collaborate with other users.

3. What technologies can a Business Analyst learn to get a better job?

There are a bunch of popular BI tools that one must be comfortable working with. Expertise in these tools can really increase your chances to get a better job than your counterparts. Some of these tools are - Zoho Analytics provides a reporting tool that allows you to create reports and dashboards with a simple drag and drop feature and works well when integrated with Google apps. Google Data Studio allows you to create reports and dashboards for your company by using a set of raw data from multiple sources and also provides a variety of marketing templates. BiG EVAL provides powerful tools to test the quality of the data and manage it. These features have been designed and improved as per the reviews of the customers.

Did you find this article helpful?

Rohit Sharma

Rohit Sharma is the Program Director for the UpGrad-IIIT Bangalore, PG Diploma Data Analytics Program.

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(This article, written by Prof. S. Sadagopan, was originally published in Analytics India Magazine) There is an old “theory” that talks of “power shift” from “carrier” to “content” and to “control” as industry matures. Here are some examples In the early days of Railways, “action” was in “building railroads”; the “tycoons” who made billions were those “railroad builders”. Once enough railroads were built, there was more action in building “engines and coaches” – General Electric and Bombardier emerged; “power” shifted from “carrier” to “content”; still later, action shifted to “passenger trains” and “freight trains” – AmTrak and Delhi Metro, for example, that used the rail infrastructure and available engines and coaches / wagons to offer a viable passenger / goods transportation service; power shifted from “content” to “control”. The story is no different in the case of automobiles; “carrier” road-building industry had the limelight for some years, then the car and truck manufacturers – “content” – GM, Daimler Chrysler, Tata, Ashok Leyland and Maruti emerged – and finally, the “control”, transport operators – KSRTC in Bangalore in the Bus segment to Uber and Ola in the Car segment. In fact, even in the airline industry, airports become the “carrier”, airplanes are the “content” and airlines represent the “control” Learn data science courses from the World’s top Universities. Earn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career. It is a continuum; all three continue to be active – carrier, content and control – it is just the emphasis in terms of market and brand value of leading companies in that segment, profitability, employment generation and societal importance that shifts. We are witnessing a similar “power shift” in the computer industry. For nearly six decades the “action” has been on the “carrier”, namely, computers; processors, once proprietary from the likes of IBM and Control Data, then to microprocessors, then to full blown systems built around such processors – mainframes, mini computers, micro computers, personal computers and in recent times smartphones and Tablet computers. Intel and AMD in processors and IBM, DEC, HP and Sun dominated the scene in these decades. A quiet shift happened with the arrival of “independent” software companies – Microsoft and Adobe, for example and software services companies like TCS and Infosys. Along with such software products and software services companies came the Internet / e-Commerce companies – Yahoo, Google, Amazon and Flipkart; shifting the power from “carrier” to “content”. Explore our Popular Data Science Courses Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Courses This shift was once again captured by the use of “data center” starting with the arrival of Internet companies and the dot-com bubble in late nineties. In recent times, the term “cloud data center” is gaining currency after the arrival of “cloud computing”. Though interest in computers started in early fifties, Computer Science took shape only in seventies; IITs in India created the first undergraduate program in Computer Science and a formal academic entity in seventies. In the next four decades Computer Science has become a dominant academic discipline attracting the best of the talent, more so in countries like India. With its success in software services (with $ 160 Billion annual revenue, about 5 million direct jobs created in the past 20 years and nearly 7% of India’s GDP), Computer Science has become an aspiration for hundreds of millions of Indians. With the shift in “power” from “computers” to “data” – “carrier” to “content” – it is but natural, that emphasis shifts from “computer science” to “data science” – a term that is in wide circulation only in the past couple of years, more in corporate circles than in academic institutions. In many places including IIIT Bangalore, the erstwhile Database and Information Systems groups are getting re-christened as “Data Science” groups; of course, for many acdemics, “Data Science” is just a buzzword, that will go “out of fashion” soon. Only time will tell! As far as we are concerned, the arrival of data science represents the natural progression of “analytics”, that will use the “data” to create value, the same way Metro is creating value out of railroad and train coaches or Uber is creating value out of investments in road and cars or Singapore Airlines creating value out of airport infrastructure and Boeing / Airbus planes. More important, the shift from “carrier” to “content” to “control” also presents economic opportunities that are much larger in size. We do expect the same from Analytics as the emphasis shifts from Computer Science to Data Science to Analytics. Computers originally created to “compute” mathematical tables could be applied to a wide range of problems across every industry – mining and machinery, transportation, hospitality, manufacturing, retail, banking & financial services, education, healthcare and Government; in the same vein, Analytics that is currently used to summarize, visualize and predict would be used in many ways that we cannot even dream of today, the same way the designers of computer systems in 60’s and 70’s could not have predicted the varied applications of computers in the subsequent decades. We are indeed in exciting times and you the budding Analytics professional could not have been more lucky. Announcing PG Diploma in Data Analytics with IIT Bangalore – To Know more about the Program Visit – PG Diploma in Data Analytics. Top Data Science Skills to Learn to upskill SL. No Top Data Science Skills to Learn 1 Data Analysis Online Courses Inferential Statistics Online Courses 2 Hypothesis Testing Online Courses Logistic Regression Online Courses 3 Linear Regression Courses Linear Algebra for Analysis Online Courses upGrad’s Exclusive Data Science Webinar for you – ODE Thought Leadership Presentation document.createElement('video'); https://cdn.upgrad.com/blog/ppt-by-ode-infinity.mp4 Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? Our learners also read: Free Online Python Course for Beginners About Prof. S. Sadagopan Professor Sadagopan, currently the Director (President) of IIIT-Bangalore (a PhD granting University), has over 25 years of experience in Operations Research, Decision Theory, Multi-criteria optimization, Simulation, Enterprise computing etc. His research work has appeared in several international journals including IEEE Transactions, European J of Operational Research, J of Optimization Theory & Applications, Naval Research Logistics, Simulation and Decision Support Systems. He is a referee for several journals and serves on the editorial boards of many journals.

by Prof. S. Sadagopan

11 May'16

5.19K+

Enlarge the analytics & data science talent pool

Note: The articlewas originally written by Sameer Dhanrajani, Business Leader at Cognizant Technology Solutions. A Better Talent acquisition Framework Although many articles have been written lamenting the current talent shortage in analytics and data science, I still find that the majority of companies could improve their success by simply revamping their current talent acquisition processes. Learn data science courses online from the World’s top Universities. Earn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career. We’re all well aware that strong quantitative professionals are few and far between, so it’s in a company’s best interest to be doing everything in their power to land qualified candidates as soon as they find them. It’s a candidate’s market, with strong candidates going on and off the market lightning fast, yet many organizational processes are still slow and outdated. These sluggish procedures are not equipped to handle many candidates who are fielding multiple offers from other companies who are just as hungry (if not more so) for quantitative talent. Here are the key areas I would change to make hiring processes more competitive: Fix your salary bands – It (almost) goes without saying that if your salary offerings are outdated or aren’t competitive to the field, it will be difficult for you to get the attention of qualified candidates; stay topical with relevant compensation grids. Consider one-time bonuses – Want to make your offer compelling but can’t change the salary? Sign-on bonuses and relocation packages are also frequently used, especially near the end of the year, when a candidate is potentially walking away from an earned bonus; a sign-on bonus can help seal the deal. Be open to other forms of compensation – There are plenty of non-monetary ways to entice Quants to your company, like having the latest tools, solving challenging problems, organization-wide buy-in for analytics and more. Other things to consider could be flexible work arrangements, remote options or other unique perks. Pick up the pace – Talented analytics professionals are rare, and the chances that qualified candidates will be interviewing with multiple companies are very high. Don’t hesitate to make an offer if you find what you’re looking for at a swift pace – your competitors won’t. Court the candidate – Just as you want a candidate who stands out from the pack, a candidate wants a company that makes an effort to stand apart also. I read somewhere, a client from Chicago sent an interviewing candidate and his family pizzas from a particularly tasty restaurant in the city. I can’t say for sure that the pizza was what persuaded him to take the company’s offer, but a little old-fashioned wooing never hurts. Button up the process – Just as it helps to have an expedited process, it also works to your benefit is the process is as smooth and trouble-free as you can make it. This means hassle-free travel arrangements, on-time interviews, and quick feedback. Network – make sure that you know the best of the talent available in the market at all levels and keep in touch with them thru porfessional social sites on subtle basis as this will come handy in picking the right candidate on selective basis Redesigned Interview Process In the old days one would screen resumes and then schedule lots of 1:1’s. Typically people would ask questions aimed at assessing a candidate’s proficiency with stats, technicality, and ability to solve problems. But there were three problems with this – the interviews weren’t coordinated well enough to get a holistic view of the candidate, we were never really sure if their answers would translate to effective performance on the job, and from the perspective of the candidate it was a pretty lengthy interrogation. So, a new interview process need to be designed that is much more effective and transparent – we want to give the candidate a sense for what a day in the life of a member on the team is like, and get a read on what it would be like to work with a company. In total it takes about two days to make a decision, and there be no false positives (possibly some false negatives though), and the feedback from both the candidates and the team members has been positive. There are four steps to the process: Resume/phone screens – look for people who have experience using data to drive decisions, and some knowledge of what your company is all about. On both counts you’ll get a much deeper read later in the process; you just want to make sure that moving forward is a good use of either of both of your time. Basic data challenge – The goal here is to validate the candidate’s ability to work with data, as described in their resume. So send a few data sets to them and ask a basic question; the exercise should be easy for anyone who has experience. In-house data challenge – This is should be the meat of the interview process. Try to be as transparent about it as possible – they’ll get to see what it’s like working with you and vice versa. So have the candidate sit with the team, give them access to your data, and a broad question. They then have the day to attack the problem however they’re inclined, with the support of the people around them. Do encourage questions, have lunch with them to ease the tension, and check-in periodically to make sure they aren’t stuck on something trivial. At the end of the day, we gather a small team together and have them present their methodology and findings to you. Here, look for things like an eye for detail (did they investigate the data they’re relying upon for analysis), rigor (did they build a model and if so, are the results sound), action-oriented (what would we do with what you found), and communication skills. Read between the resume lines Intellectual curiosity is what you should discover from the project plans. It’s what gives the candidate the ability to find loopholes or outliers in data that helps crack the code to find the answers to issues like how a fraudster taps into your system or what consumer shopping behaviors should be considered when creating a new product marketing strategy. Data scientists find the opportunities that you didn’t even know were in the realm of existence for your company. They also find the needle in the haystack that is causing a kink in your business – but on an entirely monumental scale. In many instances, these are very complex algorithms and very technical findings. However, a data scientist is only as good as the person he must relay his findings to. Others within the business need to be able to understand this information and apply these insights appropriately. Explore our Popular Data Science Courses Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Courses Good data scientists can make analogies and metaphors to explain the data but not every concept can be boiled down in layman’s terms. A space rocket is not an automobile and, in the brave new world, everyone must make this paradigm shift. Top Data Science Skills You Should Learn SL. No Top Data Science Skills to Learn 1 Data Analysis Online Certification Inferential Statistics Online Certification 2 Hypothesis Testing Online Certification Logistic Regression Online Certification 3 Linear Regression Certification Linear Algebra for Analysis Online Certification upGrad’s Exclusive Data Science Webinar for you – Watch our Webinar on The Future of Consumer Data in an Open Data Economy document.createElement('video'); https://cdn.upgrad.com/blog/sashi-edupuganti.mp4 Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? Our learners also read: Free Python Course with Certification And lastly, the data scientist you’re looking for needs to have strong business acumen. Do they know your business? Do they know what problems you’re trying to solve? And do they find opportunities that you never would have guessed or spotted?

by upGrad

14 May'16

5.69K+

UpGrad partners with Analytics Vidhya

We are happy to announce our partnership with Analytics Vidhya, a pioneer in the Data Science community. Analytics Vidhya is well known for its impressive knowledge base, be it the hackathons they organize or tools and frameworks that they help demystify. In their own words, “Analytics Vidhya is a passionate community for Analytics/Data Science professionals, and aims at bringing together influencers and learners to augment knowledge”. Explore our Popular Data Science Degrees Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Degrees We are joining hands to provide candidates of our PG Diploma in Data Analytics, an added exposure to UpGrad Industry Projects. While the program already covers multiple case studies and projects in the core curriculum, these projects with Analytics Vidhya will be optional for students to help them further hone their skills on data-driven problem-solving techniques. To further facilitate the learning, Analytics Vidhya will also be providing mentoring sessions to help our students with the approach to these projects. Our learners also read: Free Online Python Course for Beginners Top Essential Data Science Skills to Learn SL. No Top Data Science Skills to Learn 1 Data Analysis Certifications Inferential Statistics Certifications 2 Hypothesis Testing Certifications Logistic Regression Certifications 3 Linear Regression Certifications Linear Algebra for Analysis Certifications This collaboration brings great value to the program by allowing our students to add another dimension to their resume which goes beyond the capstone projects and case studies that are already a part of the program. Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? Through this, we hope our students would be equipped to showcase their ability to dissect any problem statement and interpret what the model results mean for business decision making. This also helps us to differentiate UpGrad-IIITB students in the eyes of the recruiters. upGrad’s Exclusive Data Science Webinar for you – Transformation & Opportunities in Analytics & Insights document.createElement('video'); https://cdn.upgrad.com/blog/jai-kapoor.mp4 Check out our data science training to upskill yourself

by Omkar Pradhan

09 Oct'16

5.69K+

Data Analytics Student Speak: Story of Thulasiram

When Thulasiram enrolled in the UpGrad Data Analytics program, in its first cohort, he was not very different for us, from the rest of our students in this. While we still do not and should not treat learners differently, being in the business of education – we definitely see this particular student in a different light. His sheer resilience and passion for learning shaped his success story at UpGrad. Humble beginnings Born in the small town of Chittoor, Andhra Pradesh, Thulasiram does not remember much of his childhood given that he enlisted in the Navy at a very young age of about 15 years. Right out of 10th standard, he trained for four years, acquiring a diploma in mechanical engineering. Thulasiram came from humble means. His father was the manager of a small general store and his mother a housewife. It’s difficult to dream big when leading a sheltered life with not many avenues for exposure to unconventional and exciting opportunities. But you can’t take learning out of the learner. “One thing I remember about school is our Math teacher,” reminisces Thulasiram, “He used to give us lot of puzzles to solve. I still remember one puzzle. If you take a chessboard and assume that all pawns are queens; you have to arrange them in such a way that none of the eight pawns should die. Every queen, should not affect another queen. It was a challenging task, but ultimately we did it, we solved it.” Navy & MBA At 35 years of age, Thulasiram has been in the navy for 19 years. Presently, he is an instructor at the Naval Institute of Aeronautical Technology. “I am from the navy and a lot of people don’t know that there is an aviation wing too. So, it’s like a dream; when you are a small child, you never dream of touching an aircraft, let alone maintaining it. I am very proud of doing this,” says Thulasiram on taking the initiative to upskill himself and becoming a naval-aeronautics instructor. When the system doesn’t push you, you have to take the initiative yourself. Thulasiram imbibed this attitude. He went on to enroll in an MBA program and believes that the program drastically helped improve his communication skills and plan his work better. How Can You Transition to Data Analytics? Data Analytics Like most of us, Thulasiram began hearing about the hugely popular and rapidly growing domain of data analytics all around him. Already equipped with the DNA of an avid learner and keen to pick up yet another skill, Thulasiram began researching the subject. He soon realised that this was going to be a task more rigorous and challenging than any he had faced so far. It seemed you had to be a computer God, equipped with analytical, mathematical, statistical and programming skills as prerequisites – a list that could deter even the most motivated individuals. This is where Thulsiram’s determination set him apart from most others. Despite his friends, colleagues and others that he ran the idea by, expressing apprehension and deterring him from undertaking such a program purely with his interests in mind – time was taken, difficulty level, etc. – Thulasiram, true to the spirit, decided to pursue it anyway. Referring to the crucial moment when he made the decision, he says, If it is easy, everybody will do it. So, there is no fun in doing something which everybody can do. I thought, let’s go for it. Let me push myself — challenge myself. Maybe, it will be a good challenge. Let’s go ahead and see whether I will be able to do it or not. UpGrad Having made up his mind, Thulasiram got straight down to work. After some online research, he decided that UpGrad’s Data Analytics program, offered in collaboration with IIIT-Bangalore that awarded a PG Diploma on successful completion, was the way to go. The experience, he says, has been nothing short of phenomenal. It is thrilling to pick up complex concepts like machine learning, programming, or statistics within a matter of three to four months – a feat he deems nearly impossible had the source or provider been one other than UpGrad. Our learners also read: Top Python Free Courses Favorite Elements Ask him what are the top two attractions for him in this program and, surprising us, he says deadlines! Deadlines and assignments. He feels that deadlines add the right amount of pressure he needs to push himself forward and manage time well. As far as assignments are concerned, Thulasiram’s views resonate with our own – that real-life case studies and application-based learning goes a long way. Working on such cases and seeing results is far superior to only theoretical learning. He adds, “flexibility is required because mostly only working professionals will be opting for this course. You can’t say that today you are free, because tomorrow some project may be landing in your hands. So, if there is no flexibility, it will be very difficult. With flexibility, we can plan things and maybe accordingly adjust work and family and studies,” giving the UpGrad mode of learning, yet another thumbs-up. Amongst many other great things he had to say, Thulasiram was surprised at the number of live sessions conducted with industry professionals/mentors every week. Along with the rest of his class, he particularly liked the one conducted by Mr. Anand from Gramener. Top Data Science Skills to Learn to upskill SL. No Top Data Science Skills to Learn 1 Data Analysis Online Courses Inferential Statistics Online Courses 2 Hypothesis Testing Online Courses Logistic Regression Online Courses 3 Linear Regression Courses Linear Algebra for Analysis Online Courses What Kind of Salaries do Data Scientists and Analysts Demand? Get data science certification from the World’s top Universities. Learn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career. Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? upGrad’s Exclusive Data Science Webinar for you – ODE Thought Leadership Presentation document.createElement('video'); https://cdn.upgrad.com/blog/ppt-by-ode-infinity.mp4 Explore our Popular Data Science Courses Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Courses “Have learned most here, only want to learn..” Interested only in learning, Thulasiram made this observation about the program – compared to his MBA or any other stage of life. He signs off calling it a game-changer and giving a strong recommendation to UpGrad’s Data Analytics program. We are truly grateful to Thulasiram and our entire student community who give us the zeal to move forward every day, with testimonials like these, and make the learning experience more authentic, engaging, and truly rewarding for each one of them. If you are curious to learn about data analytics, data science, check out IIIT-B & upGrad’s PG Diploma in Data Science which is created for working professionals and offers 10+ case studies & projects, practical hands-on workshops, mentorship with industry experts, 1-on-1 with industry mentors, 400+ hours of learning and job assistance with top firms.

by Apoorva Shankar

07 Dec'16

5.12K+

Decoding Easy vs. Not-So-Easy Data Analytics

Authored by Professor S. Sadagopan, Director – IIIT Bangalore. Prof. Sadagopan is one of the most experienced academicians on the expert panel of UpGrad & IIIT-B PG Diploma Program in Data Analytics. As a budding analytics professional confounded by jargon, hype and overwhelming marketing messages that talk of millions of upcoming jobs that are paid in millions of Rupees, you ought to get clarity about the “real” value of a data analytics education. Here are some tidbits – that should hopefully help in reducing your confusion. Some smart people can use “analytical thinking” to come up with “amazing numbers”; they are very useful but being “intuitive”, they cannot be “taught.” For example: Easy Analytics Pre-configuring ATMs with Data Insights “We have the fastest ATM on this planet” Claimed a respected Bank. Did they get a new ATM made especially for them? No way. Some smart employee with an analytical mindset found that 90% of the time that users go to an ATM to withdraw cash, they use a fixed amount, say Rs 5,000. So, the Bank re-configured the standard screen options – Balance Inquiry, Withdrawal, Print Statement etc. – to include another option. Withdraw XYZ amount, based on individual customer’s past actions. This ended up saving one step of ATM operation. Instead of selecting the withdrawal option and then entering the amount to be withdrawn, you could now save some time – making the process more convenient and intuitive. A smart move indeed, however, this is something known as “Easy Analytics” that others can also copy. In fact, others DID copy, within three months! A Start-Up’s Guide to Data Analytics Hidden Data in the Weather In the sample data-sets that used to accompany a spreadsheet product in the 90’s, there used to be data on the area and population of every State in the United States. There was also an exercise to teach the formula part of the spreadsheet to compute the population density (population per sq. km). New Jersey, with a population of 467 per sq. km, is the State with the highest density. While teaching a class of MBA students in New Jersey, I met an Indian student who figured out that in terms of population density, New Jersey is more crowded than India with 446 people per sq. km! An interesting observation, although comparing a State with a Country is a bit misleading. Once again, an Easy Analytics exercise leading to a “nice” observation! Some simple data analytics exercises can be routinely done, and are made relatively easier, thanks to amazing tools: B-School Buying Behavior Decoded In a B-School in India that has a store on campus, (campus is located far from the city center) some smart students put several years of sales data of their campus store. They were excited by the phenomenal computer power and near, idiot-proof analytics software. The real surprise, however, was that eight items accounted for 85% of their annual sales. More importantly, these eight items were consumed in just six days of the year! Everyone knew that a handful of items were the only fast-moving items, but they did not know the extent (85%) or the intensity (consumption in just six days) of this. It turns out that in the first 3 days of the semester the students would stock the items for the full semester! The B-School found it sensible to request a nearby store to prop up a temporary stall for just two weeks at the beginning of the semesters and close down the Campus Store. This saved useful space and costs without causing major inconvenience to the students. A good example of Easy Analytics done with the help of a powerful tool. Top 4 Data Analytics Skills You Need to Become an Expert! The “Not So Easy” Analytics needs deep analytical understanding, tools, an ‘analytical mindset’ and some hard work. Here are two examples, one taken from way back in the 70’s and the other occurring very recently: Not-So-Easy Analytics To Fly or Not to Fly, That is the Question Long ago, the American Airlines perfected planned overbooking of airline seats, thanks to SABRE Airline Reservation system that managed every airline seat. Armed with detailed past data of ‘empty seats’ and ‘no show’ in every segment of every flight for every day through the year, and modeling airline seats as perishable commodities, the American Airlines was able to improve yield, i.e., utilization of airplane capacity. They did this through planned overbooking – selling more tickets than the number of seats, based on projected cancellations. Explore our Popular Data Science Online Certifications Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Online Certifications If indeed more passengers showed up than the actual number of seats, American Airlines would request anyone volunteering to forego travel in the specific flight, with the offer to fly them by the next flight (often free) and taking care of hotel accommodation if needed. Sometimes, they would even offer cash incentives to the volunteer to opt-out. Using sophisticated Statistical and Operational Research modeling, American Airlines would ensure that the flights went full and the actual incidents of more passengers than the full capacity, was near zero. In fact, many students would look forward to such incidents so that they could get incentives, (in fact, I would have to include myself in this list) but rarely were they rewarded!) upGrad’s Exclusive Data Science Webinar for you – Transformation & Opportunities in Analytics & Insights document.createElement('video'); https://cdn.upgrad.com/blog/jai-kapoor.mp4 What American Airlines started as an experiment has become the standard industry practice over the years. Until recently, a team of well-trained (often Ph.D. degree holders) analysts armed with access to enormous computing power, was needed for such an analytics exercise to be sustained. Now, new generation software such as the R Programming language and powerful desktop computers with significant visualization/graphics power is changing the world of data analytics really fast. Anyone who is well-trained (not necessarily requiring a Ph.D. anymore) can become a first-rate analytics professional. Top Data Science Skills You Should Learn SL. No Top Data Science Skills to Learn 1 Data Analysis Online Certification Inferential Statistics Online Certification 2 Hypothesis Testing Online Certification Logistic Regression Online Certification 3 Linear Regression Certification Linear Algebra for Analysis Online Certification Unleashing the Power of Data Analytics Our learners also read: Free Python Course with Certification Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? Cab Out of the Bag Uber is yet another example displaying how the power of data analytics can disrupt a well-established industry. Taxi-for-sure in Bangalore and Ola Cabs are similar to Uber. Together, these Taxi-App companies (using a Mobile App to hail a taxi, the status monitor the taxi, use and pay for the taxi) are trying to convince the world to move from car ownership to on-demand car usage. A simple but deep analytics exercise in the year 2008 gave such confidence to Uber that it began talking of reducing car sales by 25% by the year 2025! After building the Uber App for iPhone, the Uber founder enrolled few hundreds of taxi customers in San Francisco and few hundreds of taxi drivers in that area as well. All that the enrolled drivers had to do was to touch the Uber App whenever they were ready for a customer. Similarly, the enrolled taxi customers were requested to touch the Uber App whenever they were looking for a taxi. Thanks to the internet-connected phone (connectivity), Mobile App (user interface), GPS (taxi and end-user location) and GIS (location details), Uber could try connecting the taxi drivers and the taxi users. The real insight was that nearly 90% of the time, taxi drivers found a customer, less than 100 meters away! In the same way, nearly 90% of the time, taxi users were connected with their potential drivers in no time, not too far away. Unfortunately, till the Uber App came into existence, riders and taxi drivers had no way of knowing this information. More importantly, they both had no way of reaching each other! Once they had this information and access, a new way of taxi-hailing could be established. With back-end software to schedule taxis, payment gateway and a mobile payment mechanism, a far more superior taxi service could be established. Of course, near home, we had even better options like Taxi-for-sure trying to extend this experience even to auto rickshaws. The rest, as they say, is “history in the making!” Deep dive courses in data analytics will help prepare you for such high impact applications. It is not easy, but do remember former US President Kennedy’s words “we chose to go to the Moon not because it is easy, but because it is hard!” Get data science certification from the World’s top Universities. Learn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career.

by Prof. S. Sadagopan

14 Dec'16

5.14K+

Launching UpGrad’s Data Analytics Roadshow – Are You Game?

We, at UpGrad, are excited to announce a brand new partnership with various thought leaders in the Data Analytics industry – IIIT Bangalore, Genpact, Analytics Vidhya and Gramener – to bring to you a one-of-a-kind Analytics Roadshow! As part of this roadshow, we will be conducting several back-to-back events that focus on different aspects of analytics, creating interaction points across India, to do our bit for a future ready and analytical, young workforce. Also Read: Analytics Vidhya article on the UpGrad Data Analytics Roadshow Here is the line-up for the roadshow, to give you a better sense of what to expect: 9 webinars – These webinars (remote) will be conducted by industry experts and are aimed at increasing analytics awareness, providing a way for aspirants to interact with industry practitioners and getting their tough questions answered. 11 workshops – The workshops will be in-person events to take these interactions to the next level. These would be spread across 6 cities – Delhi, Bengaluru, Hyderabad, Chennai, Mumbai and Pune. So, if you are in any of these cities, we are looking forward to interact with you. Featured Data Science program for you: Master of Science in Data Science from from IIIT-B 2 Conclaves – These conclaves are larger events with a pre-defined agendas and time for networking. The first conclave is happening on the 17th of December in Bengaluru. Explore our Popular Data Science Online Certifications Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Online Certifications Hackathon – Time to pull up your sleeves and showcase your nifty skills. We will be announcing the format of the event shortly. “We find that the IT industry is absorbing almost half of all of the analytics jobs. Banking is the second largest, but trails at almost one fourth of IT’s recruiting volume. It is interesting that data rich industries like Retail, Energy and Insurance are trailing near the bottom, lower than even construction or media, who handle less data. Perhaps these are ripe for disruption through analytics?” Our learners also read: Learn Python Online for Free Mr. S. Anand, CEO of Gramener, wonders aloud. Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? upGrad’s Exclusive Data Science Webinar for you – Watch our Webinar on The Future of Consumer Data in an Open Data Economy document.createElement('video'); https://cdn.upgrad.com/blog/sashi-edupuganti.mp4 Top Data Science Skills You Should Learn SL. No Top Data Science Skills to Learn 1 Data Analysis Online Certification Inferential Statistics Online Certification 2 Hypothesis Testing Online Certification Logistic Regression Online Certification 3 Linear Regression Certification Linear Algebra for Analysis Online Certification Get data science certification from the World’s top Universities. Learn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career.

by Apoorva Shankar

15 Dec'16

5.22K+

What’s Cooking in Data Analytics? Team Data at UpGrad Speaks Up!

Team Data Analytics is creating the most immersive learning experience for working professionals at UpGrad. Data Insider recently checked in to me to get my insights on the data analytics industry; including trends to watch out for and must-have skill sets for today’s developers. Here’s how it went: How competitive is the data analytics industry today? What is the demand for these types of professionals? Let’s talk some numbers, a widely-quoted McKinsey report states that the United States will face an acute shortage of around 1.5 million data professionals by 2018. In India, which is emerging as the global analytics hub, the shortage of such professionals could go up to as high as 200,000. In India alone, the number of analytics jobs saw a 120 percent rise from June 2015 to June 2016. So, we clearly have a challenge set out for us. Naturally, because of acute talent shortage, talented professionals are high in demand. Decoding Easy vs. Not-So-Easy Analytics What trends are you following in the data analytics industry today? Why are you interested in them? There are three key trends that we should watch out for: Personalization I think the usage of data to create personalized systems is a key trend being adopted extremely fast, across the board. Most of the internet services are removing the anonymity of online users and moving towards differentiated treatment. For example, words recommendations when you are typing your messages or destinations recommendations when you are using Uber. Our learners also read: Learn Python Online for Free End of Moore’s Law Another interesting trend to watch out for is how companies are getting more and more creative as we reach the end of Moore’s Law. Moore’s Law essentially states that every two years we will be able to fit double the number of transistors that could be fit on a chip, two years ago. Because of this law, we have unleashed the power of storing and processing huge amounts of data, responsible for the entire data revolution. But what will happen next? IoT Another trend to watch out for, for the sheer possibilities it brings. It’s the emergence of smart systems which is made possible by the coming together of cloud, big data, and IoT (internet of things). Explore our Popular Data Science Courses Executive Post Graduate Programme in Data Science from IIITB Professional Certificate Program in Data Science for Business Decision Making Master of Science in Data Science from University of Arizona Advanced Certificate Programme in Data Science from IIITB Professional Certificate Program in Data Science and Business Analytics from University of Maryland Data Science Courses What skill sets are critical for data engineers today? What do they need to know to stay competitive? A good data scientist sits at a rare overlap of three areas: Domain Knowledge This helps understand and appreciate the nuances of a business problem. For e.g, an e-commerce company would want to recommend complementary products to its buyers. Statistical Knowledge Statistical and mathematical knowledge help to inform data-driven decision making. For instance, one can use market basket analysis to come up with complementary products for a particular buy. Technical Knowledge This helps perform complex analysis at scale; such as creating a recommendation system that shows that a buyer might prefer to also buy a pen while buying a notebook. How Can You Transition to Data Analytics? Outside of their technical expertise, what other skills should those in data analytics and business intelligence be sure to develop? Ultimately, data scientists are problem solvers. And every problem has a specific context, content and story behind it. This is where it becomes extremely important to tie all these factors together – into a common narrative. Essentially all data professionals need to be great storytellers. In this respect, one of the key skills for analysts to sharpen would be, breaking down the complexities of analytics for others working with them. They can appreciate the actual insights derived – and work toward a common business goal. In addition, what is as crucial is getting into a habit of constantly learning. Even if it means waking up every morning and reading what’s relevant and current in your domain. Top Essential Data Science Skills to Learn SL. No Top Data Science Skills to Learn 1 Data Analysis Certifications Inferential Statistics Certifications 2 Hypothesis Testing Certifications Logistic Regression Certifications 3 Linear Regression Certifications Linear Algebra for Analysis Certifications What should these professionals be doing to stay ahead of trends and innovations in the field? Professionals these days need to continuously upskill themselves and be willing to unlearn and relearn. The world of work and the industrial landscape of technology-heavy fields such as data analytics is changing every year. The only way to stay ahead, or even at par with these trends, is to invest in learning, taking up exciting industry-relevant projects, participating in competitions like Kaggle, etc. How important is mentorship in the data industry? Who can professionals look toward to help further their careers and their skills? Extremely important. Considering how fast this domain has emerged, academia and universities, in general, have not had the chance to keep up equally fast. Hence, the only way to stay industry-relevant with respect to this domain is to have industry-specific learning. This can only be done in two ways – through real-life case studies and mentors who are working/senior professionals and hail from the data analytics industry. In fact, at UpGrad, there is a lot of stress on industry mentorship for aspiring data specialists. This is in addition to a whole host of case studies and industry-relevant projects. Get data science certification from the World’s top Universities. Learn Executive PG Programs, Advanced Certificate Programs, or Masters Programs to fast-track your career. Read our popular Data Science Articles Data Science Career Path: A Comprehensive Career Guide Data Science Career Growth: The Future of Work is here Why is Data Science Important? 8 Ways Data Science Brings Value to the Business Relevance of Data Science for Managers The Ultimate Data Science Cheat Sheet Every Data Scientists Should Have Top 6 Reasons Why You Should Become a Data Scientist A Day in the Life of Data Scientist: What do they do? Myth Busted: Data Science doesn’t need Coding Business Intelligence vs Data Science: What are the differences? Where are the best places for data professionals to find mentors? upGrad’s Exclusive Data Science Webinar for you – Transformation & Opportunities in Analytics & Insights document.createElement('video'); https://cdn.upgrad.com/blog/jai-kapoor.mp4 While it’s important for budding or aspiring data professionals to tap into their networks to find the right mentors, it is admittedly tough to do so. There are two main reasons that can be blamed for this. First, due to the nascent stage, the industry is at, it is extremely difficult to find someone with the requisite skill sets to be a mentor. Even if you find someone with considerable experience in the field, not everybody has the time and inclination to be an effective mentor. Hence most people don’t know where to go to be mentored. That’s where platforms like UpGrad come in, which provide you with a rich, industry-relevant learning experience. Nowhere else are you likely to chance upon such a wide range of industry tie-ups or associations for mentorship from very senior and reputed professionals. How Can You Transition to Data Analytics? What resources should those in the data analytics industry be using to ensure they’re educated and up-to-date on developments, trends, and skills? There are many. For starters, here are some good and pretty interesting blogs and resources that would serve aspiring/current data analysts well to keep up with Podcasts like Data Skeptic, Freakonomics, Talking Machines, and much more. This interview was originally published on Data Insider.

by Rohit Sharma

23 Dec'16