{"id":6571,"date":"2016-05-12T21:25:20","date_gmt":"2016-05-12T15:55:20","guid":{"rendered":"http:\/\/ivyproschool.com\/blog\/?p=6571"},"modified":"2025-04-01T14:50:05","modified_gmt":"2025-04-01T09:20:05","slug":"career-in-business-analytics-how-to-succeed","status":"publish","type":"post","link":"https:\/\/ivyproschool.com\/blog\/career-in-business-analytics-how-to-succeed\/","title":{"rendered":"Career in Business Analytics-How to succeed"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Our webinar on the 5th of may was suitably used by many students and working professionals to ask their Analytics related questions and get their doubts cleared about career options in Analytics. Do take out time to read this valuable insight.<\/p>\n<p><strong><u>Business Analytics Industry &amp; Career Opportunities<\/u><\/strong><\/p>\n<p>Analytics Gartner defines analytics as a process by which insights are extracted from operational financial and other forms of electronic data, internal or external to an organization.<\/p>\n<p>Analytics can be used to create value using different types of Data:<\/p>\n<ol>\n<li>Structured data-Relational db, spreadsheets etc<\/li>\n<li>Unstructured data-social media blogs, web pages, chat history, call center data etc<\/li>\n<\/ol>\n<p><strong><u>Global Analytics Industry<\/u><\/strong><\/p>\n<p>Analytics Industry today- USD 121 billion<\/p>\n<p>CAGR- 9.7%-Analytics Software Market<\/p>\n<p>CAGR- 14.3%-Analytics Services Outsourcing<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6574\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-May1.png\" alt=\"webinar 5th May1\" width=\"403\" height=\"263\" srcset=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-May1.png 403w, https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-May1-300x196.png 300w\" sizes=\"auto, (max-width: 403px) 100vw, 403px\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><strong><u>Indian Analytics Industry<\/u><\/strong><\/p>\n<p>1 billion USD revenue generating market and it is to cross 2 billion USD by FY2018<\/p>\n<p>Analytics Firms in India\u00a0 (2014) \u00a0&#8211; \u00a0600+ out of which there are<\/p>\n<ul>\n<li>Startups 500+<\/li>\n<li>Product Firms 200+<\/li>\n<li>Integrated Firms 100+<\/li>\n<\/ul>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Analytics Implementation across Industries according to extent of use<\/u><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6573\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-may-2.png\" alt=\"webinar 5th may 2\" width=\"583\" height=\"322\" srcset=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-may-2.png 583w, https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-may-2-300x166.png 300w\" sizes=\"auto, (max-width: 583px) 100vw, 583px\" \/><\/p>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Analytics job market in India<\/u><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-6572\" src=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-may-3.png\" alt=\"webinar 5th may 3\" width=\"601\" height=\"341\" srcset=\"https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-may-3.png 601w, https:\/\/ivyproschool.com\/blog\/wp-content\/uploads\/2015\/08\/webinar-5th-may-3-300x170.png 300w\" sizes=\"auto, (max-width: 601px) 100vw, 601px\" \/><\/p>\n<p>Highest % given to Risk Analytics (18%) followed by BI\/Reporting at 14%. The Customer Insight function featured among the least for job postings at 2%.<\/p>\n<p><strong><u>Job Designations in Analytics<\/u><\/strong><\/p>\n<ul>\n<li>Business Analyst<\/li>\n<li>Big Data Analytics<\/li>\n<li>Lead Analytics<\/li>\n<li>Analyst-Financial Analytics<\/li>\n<li>Bi\/Reporting<\/li>\n<li>Data Scientist<\/li>\n<li>Director-Machine Learning Analytics<\/li>\n<li>Quantitative Analyst\/Data Analytics<\/li>\n<\/ul>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Skill sets to get into Analytics<\/u><\/strong><\/p>\n<ul>\n<li>SAS,<\/li>\n<li>R,<\/li>\n<li>HADOOP,<\/li>\n<li>PYTHON,<\/li>\n<li>Machine Learning<\/li>\n<\/ul>\n<p><strong><u>\u00a0<\/u><\/strong><\/p>\n<p><strong><u>Analytics Salaries<\/u><\/strong><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"319\"><strong><u>Experience(in years)<\/u><\/strong><\/td>\n<td width=\"319\"><strong><u>Avg. Salary(P.A)<\/u><\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><strong>0-2<\/strong><\/td>\n<td width=\"319\">4.5 Lacs<\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><strong>3-4<\/strong><\/td>\n<td width=\"319\">7 Lacs<\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><strong>4-6<\/strong><\/td>\n<td width=\"319\">9.5 Lacs<\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><strong>6-8<\/strong><\/td>\n<td width=\"319\">12 Lacs<\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><strong>8-10<\/strong><\/td>\n<td width=\"319\">16 Lacs<\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><strong>10-12<\/strong><\/td>\n<td width=\"319\">\u00a024 Lacs<\/td>\n<\/tr>\n<tr>\n<td width=\"319\"><strong>12 &amp; Above<\/strong><\/td>\n<td width=\"319\">27 Lacs &amp; Above<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Im sure this has motivated you to attend our next webinar. Look out for the next webinar date!<\/p>\n<p>Team Ivy<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Our webinar on the 5th of may was suitably used by many students and working professionals to ask their Analytics related questions and get their doubts cleared about career options in Analytics. Do take out time to read this valuable insight. Business Analytics Industry &amp; Career Opportunities Analytics Gartner defines analytics as a process by which insights are extracted from operational financial and other forms of electronic data, internal or external to an organization. Analytics can be used to create value using different types of Data: Structured data-Relational db, spreadsheets etc Unstructured data-social media blogs, web pages, chat history, call center data etc Global Analytics Industry Analytics Industry today- USD 121 billion CAGR- 9.7%-Analytics Software Market CAGR- 14.3%-Analytics Services Outsourcing &nbsp; Indian Analytics Industry 1 billion USD revenue generating market and it is to cross 2 billion USD by FY2018 Analytics Firms in India\u00a0 (2014) \u00a0&#8211; \u00a0600+ out of which there are Startups 500+ Product Firms 200+ Integrated Firms 100+ \u00a0 Analytics Implementation across Industries according to extent of use \u00a0 Analytics job market in India Highest % given to Risk Analytics (18%) followed by BI\/Reporting at 14%. The Customer Insight function featured among the least for job postings [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-6571","post","type-post","status-publish","format-standard","hentry","category-data-analytics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Career in Business Analytics: How to Succeed \u2013 Insights &amp; Opportunities.<\/title>\n<meta name=\"description\" content=\"Explore the booming Business Analytics industry with key career opportunities, skill sets, and salary insights. 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