Description

Analysts are responsible for the analysis and classification of data for different purposes with computers and software. They also have the responsibility of making sure that their systems are able to analyze data and devise strategies that are in line with current and future requirements of the business, and they must ensure data integrity, management of data, efficiency, and security of the system.

Analytics experts should constantly evaluate and evaluate business requirements to enhance their company's dashboards. They may require tools like SuccessFactors Workforce Analytics platform, PeopleSoft, SuccessFactors, Workday, or SAP to assist their businesses determine business needs and trends, such as consumer trends, industry trends, as well as economic developments. They must have previous experience using Microsoft Office programs, as Excel is commonly utilized to analyze market data, and PowerPoint can be used to create slideshows. They should also be able to create and refine data models to determine the future behavior of clients and have strong presentation skills are required to present their findings to the team's management or other members. Communication skills that are both written and verbal abilities are essential for this job as well as the need to keep up-to-date with the latest technologies that are available on the market.

An undergraduate degree in Information Technology (IT) or an equivalent field is typically required for this job, and some employers may also require previous experience and the ability to mentor or coach new analytics specialists.

Roles & Responsibilities

As an Analytics Specialist with 0-3 years of experience in India, your main responsibilities include:

  • Analyzing and interpreting data to identify trends, patterns, and insights that support business decision-making. You will be responsible for analyzing data sets, applying statistical techniques, and providing meaningful insights to help the organization make informed decisions.
  • Designing and conducting experiments to test hypotheses and validate data-driven models. You will be involved in designing experiments, collecting data, and analyzing results to verify the effectiveness of data models and hypotheses.
  • Creating data visualizations and reports to communicate findings and recommendations to stakeholders. You will be responsible for visually presenting data and insights through charts, graphs, and reports to effectively communicate the findings and recommendations.
  • Collaborating with cross-functional teams to drive data-driven initiatives and improve business performance.

Qualifications & Work Experience

For an Analytics Specialist job role, the following qualifications are required:

  • Proficiency in data analysis tools and techniques, such as SQL, Python, R, or Excel, to extract and manipulate data for insights and decision-making.
  • Strong statistical knowledge to design and conduct experiments, perform hypothesis testing, and build predictive models for business forecasting and optimization.
  • Excellent problem-solving skills to identify data-driven solutions, uncover patterns, and provide actionable recommendations based on complex datasets and business requirements.
  • Effective communication abilities to present findings and insights to stakeholders, translating technical concepts into clear and concise reports and visualizations.

Essential Skills For Analytics Specialist

1

Analytics

2

Data Management

3

Data Collection

Skills That Affect Analytics Specialist Salaries

Different skills can affect your salary. Below are the most popular skills and their effect on salary.

Microsoft Excel

5%

Career Prospects

For an Analytics Specialist Job Role with 0-3 years of work experience in India, there are several alternative roles available to explore. Here are four options to consider:

  • Data Analyst: A role that involves collecting, analyzing, and interpreting data to provide insights and support decision-making.
  • Business Intelligence Analyst: A position focused on analyzing complex data sets, creating visualizations, and presenting actionable insights to improve business performance.
  • Marketing Analyst: A role that involves conducting market research, analyzing customer behavior, and identifying marketing strategies to drive growth and improve customer engagement.
  • Operations Analyst: A position focused on optimizing operational processes, analyzing efficiency, and identifying areas for improvement to enhance productivity and reduce costs.

How to Learn

The Analytics Specialist role in India is witnessing rapid growth in demand due to advancements in technology and the increasing importance of data-driven decision making. Over the past 10 years, the job role has experienced significant expansion in the market, with a constant rise in the number of job opportunities. According to recent data from Google, the projected growth of this position looks promising, with a strong upward trend expected to continue. The analytics industry in India is predicted to grow at a CAGR of around 29%, presenting a multitude of employment opportunities for Analytics Specialists in the future.