Business Intelligence Analyst – The tech industry is a highly competitive and ever-evolving industry, and in an ever-evolving industry, companies must leverage every asset they have to keep them one step ahead of the competition.
It is at this time that BI and the role of business intelligence analyst become important for companies. What exactly is business intelligence and BI analyst?
What is Business Intelligence Analyst?
business intelligence analyst Business intelligence is a system that aims to find insights from the results of analysis of large amounts of business data and information owned by companies.
The data is mined and analyzed with the aim of providing a foundation for companies to make business decisions, realize the full potential of the data owned by companies, and provide valuable insights for businesses.
The role of business intelligence for companies is increasingly important because nowadays, data is the new currency.
Companies are looking for ways to continuously improve the use and utilization of the data they have collected.
Business Intelligence Analyst Jobs and Responsibilities
business intelligence analyst new Business intelligence analyst is a role that is responsible for exploring data owned by a company and turning that data into valuable insights.
Business intelligence analysts assist companies in making business decisions that can affect the way a company operates based on the business metrics of a company.
Simply put, a business intelligence analyst is a role that functions in a BI system and works to analyze data for the benefit and progress of the BI. The roles and responsibilities of this role or position can be broken down into three parts:
Processing Data
One of their main roles and responsibilities is processing the data held by the business by collecting, cleaning and analyzing data, writing data collection and collection procedures, and ensuring that data is properly captured, aggregated and analyzed.
The data can be:
- sales result data,
- income or revenue,
- Content reach, engagement,
- Leads and conversions, etc.
- Interpreting data
Interpreting Data
The second role and responsibility of the second BI analyst is to find patterns in areas that have the potential to improve business performance, such as:
- Monitor data collection
- Analyze and interpret market trends to help businesses adapt
- Develop methodologies to improve data analysis processes
Share Findings
The next role and responsibility of the business intelligence analyst is to share the findings from the data processing process in visual form using graphs and charts to present insights to clients or teams, as well as reporting the results of data findings to management.
That’s why data visualization is a must-have skill.
- Mandatory skill of BI analyst
- As a person who takes on the role of a BI analyst in a business or company, there are skills that must be mastered and owned by that individual.
The following are skills that must be mastered by a business intelligence analyst:
Analytic
A business intelligence analyst must have analytical skills that enable the individual to search for relevant data and interpret this data to assist a company or business in making a decision.
Analytical skill is also one of the requirements contained in the job listing as a BI analyst.
Research
The ability to conduct research will assist a business intelligence analyst in analyzing data from ongoing market trends.
Research is a basic skill because this research requires logical thinking and reasoning. Business intelligence analysts must be able to identify existing problems and provide solutions that can help companies make decisions.
Database Tools
Data is part of BI and a business intelligence analyst must be familiar with and know how to store, organize, track, and manipulate data using applications such as Excel and SQL (Structured Query Language) – this is the most fundamental thing.
In addition, skills related to data analytics applications that offer machine learning solutions are of interest among business intelligence analysts.
SPSS, SAS, Sage, Mathematica, Excel, or even Sheets are some of the tools that must be mastered–depending on the industry and company needs.
Programming Language
A business intelligence analyst must know programming languages such as Python or R because it will require a system that can be used to analyze large data, visualize, and monitor key aspects of the business – this can only be done by programming. This also includes fundamental things in business intelligence.
Therefore, familiarity with programming languages is also one of the requirements contained in the job listing as a business intelligence analyst.
Data Visualization
Knowledge regarding the use of software such as Tableau or Power BI is usually one of the business intelligence analyst requirements. Because, again, the data being analyzed must be visualized so that the info or insight from the data is easier to share with other stakeholders.
Tableau and Power BI are software that assist a business intelligence analyst in creating data visualizations in the form of graphs, charts and other forms of data visualization.
Communication
A business intelligence analyst must be able to work independently, with a team, or with other departments.
Communication skills are mandatory and will be very helpful in making reports and communicating them to share findings and insights in a precise and concise manner to team members, management or stakeholders.
Knowledge Related To Business and Finance
Business intelligence analysts must also have an understanding of business and finance because these two fields have an important role in providing insights for companies to improve their performance or follow market trends.
How to analyze data without understanding the actual benefits of the data in business?
Basically, business intelligence is built for business purposes. Therefore, a business intelligence analyst must also understand the business.
Business Intelligence Analyst Salary
Based on Glassdoor data, the average salary for a business intelligence position in Jakarta is around IDR 10,000,000 per month.
When you have a career up to a higher position, such as a senior business intelligence analyst (with a working period of between two to four years), the salary range can increase up to two times, raising IDR 20,000,000 per month.
Of course this varies depending on the industry and the employer. However, it is enough to illustrate that the business intelligence role is a very good career and continues to grow. Many companies in the tech industry need business intelligence roles.
Career Path in Business Intelligence
Roles that play a role in business intelligence have a brilliant career path and usually require a minimum of three years and sufficient experience to be promoted, but this depends on the industry and each company.
There are several common positions on the career path as a business intelligence analyst:
Administrator
An administrator has the responsibility to analyze data according to the direction of the lead or manager, including requests for data from stakeholders and clients, monitoring competitor performance, and the economic conditions of the data owned by the company.
Business Intelligence Manager
The business intelligence manager is responsible for coordinating the team to build a business intelligence solution.
A business intelligence manager will handle several business intelligence teams with their respective functional areas and lead the company’s business projects.
Master data services
The next position is as a data services master, where this position has the responsibility for maintaining collaboration in the use of data across divisions and products.
Master data services also have a role in managing traffic access to company data sources. In addition to the three positions above, those included in the career path in business intelligence are:
- Lead BI
- Senior BI
- Business intelligence project manager
- Business intelligence consultant
- Business intelligence developer
- Are you curious about what it’s like to learn and do your duties as a business intelligence analyst?
You can learn more about business intelligence at the Pacmann Data School and Business School – starting from the fundamentals, da