In this video, we’ll look at who the BI analyst is, what they do, and how much zeroes are stacked on the end of their salary. Finally, we’ll discuss what skills and academic background will help you become one.
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So, who is the BI analyst and what makes them so special?
BI analysts are fierce business performance ninjas who possess a blend of business vision, consultant abilities and profound understanding of data. They join forces with senior management to shape and develop a data strategy. Analysis of Key Performance Indicators (KPIs), accurate overview of business performance and identifying areas that need improvement are also specialties in the BI analyst’s domain.
And what exactly do BI analysts do?
Well, they focus primarily on analyses and reporting of past historical data. Once the relevant data is in the hands of the BI Analyst (that’s… monthly revenue, customer, sales volume, etc.), they must quantify the observations, calculate KPIs, and examine the measures to extract insights.
Of course, the most important aspect of a BI analyst’s job is to continually improve their company’s competitive positioning. Therefore, they examine their competitors, data trends, seasonality, and other random effects to quickly identify issues and best practices.
On top of that, they create killer graphs and dashboards to review major decisions and measure effectiveness. So, in a word, if you want to have an impact on the business world, become a BI analyst.
Well, maybe that’s easier said than done. But let’s see how much a BI analyst makes per year, maybe that’ll have some inspirational effect on you…
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