Why are Business Intelligence and Business analytics important?

• Business intelligence can help businesses to make better decisions by anticipating present and historical data within their business context.

• Analysts can leverage BI to endow performance and opponent benchmarks to make the organization run smoother and more efficiently.

• Analysts can spot market trends to increase sales or revenue of the organization.

• It can also help to track the performance of the organization to keep improving the internal business operations.

• IT Many business intelligence tools and platforms rationalize the analysis process. This makes it easier for people within the organization to understand data without the technical know-how to dig into the data themselves.

Why Business intelligence and business analytics high in Demand?

Business operations are getting more complicated with time, which gives very little time for research and innovation. More significant enterprises are rushing toward winning the competition, which ultimately requires lots and lots of meaningful insights. However, with the increasing extent of untidy data, it becomes difficult to analyze it in real-time. That is when the firms desperately need technologies to analyze and predict the market trends with a simple click, and Business Intelligence serves this purpose. According to a report by Zion Research, the global Business Intelligence market was worth US$16.33 billion in 2015 and is forecasted to reach US$26.50 billion by 2021, growing at a CAGR of around 8.4 percent between 2015 and 2021.

According to a recent survey, the average salary of BI Analysts is supposed to rise by 4.3% in the future. It might range from $118,000 to $171,750 per annum.

In India, the salary packages for entry-level roles remain anywhere between ₹3, 50,000 – ₹5,00,000 per annum. With more experience, an Analyst can expect a salary of ₹ 12, 09,787 annually.

Become a highly-paid ready-to-hire business intelligence analyst today

From developing software to planning projects, BI spans various job roles that require diverse skills, including relational database management, SQL, basic programming, analytical abilities, etc.

However, merely having theoretical knowledge doesn’t work. That’s why it is imperative to have hands-on experience in related technologies. Hence, if you are looking for a BI job, it is better to have a certification to give you a privilege over other candidates. Madrid Software Trainings offers you a pg program in business intelligence and analytics in Delhi with excellent career guidance by industry professionals.

Madrid Software Trainings is the best business intelligence and analytics insitiute in Delhi, where the trainers are industry professionals that take you from zero to a whole new level in your professional journey.

After completing the course, you will also be awarded an international certificate by HP (Hewlett Packard). Kickstart your career with us now.