What is the analyst of information?
Information Analytics is a term used to describe and analyze data. The use of powerful computers to identify formulas and trends in the data file is not new, but has been significantly improved in the last few years. As a result, the output quality is high enough to be used as a tool in the decision -making process.
The most common use of information analytics is to study business data with a combination of statistical analysis and data mining techniques. The purpose of this type of analysis is to identify trends that can lead to action. It is very common for statistics to identify trends or patterns in behavior that are interesting. In the business environment, however, the organization must be aware of the formulas that can be used to generate or reduce losses.
Any company that is interested in information analysis must invest in employees and technologies. Information analysts are usually organized as part of business intelligence within the modeling of information technology. Employees are workingSelf with Analytics usually completed post -secondary education in statistics, advanced mathematics, information technology or programming. It is not uncommon for all employees to have master's and doctoral titles in any of these fields. The level of skills and knowledge needed to use these tools, questions about the design and analysis of the results is relatively high.
From a technological point of view, a tool for business intelligence or statistical data management is required to perform the required types of comprehensive analysis. In addition to specialized software, there is a significant investment in hardware or connection. In an ideal scenario, the Enterprise Resources (ERP) resource planning data is available with the analytical tool. The common option is to duplicate the appropriate data in separate data storage strictly for reporting and operation of mining or analysis of data.
Set upThis structure is quite complicated and requires a project team with employees who have expertise in the field of software implementation, data management, infrastructure and related tools. If a separate environment is created for data analysis, it will be necessary to purchase, support and maintain further hardware.
The primary purpose of information analytics is to use existing data to gain valuable knowledge about behavior and motivation of customers. From an organizational point of view, it is necessary to use this information to assist in the decision -making process. Correct use of this type of data can help companies decide what types of products to run, when and on which markets.