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Showing posts with the label Business Intelligence

What are the key skills required to be a Business Analyst?

A business analyst requires a diverse set of skills to effectively bridge the gap between business needs and technology solutions. Key skills include: Analytical Thinking and Problem-Solving : The ability to break down complex problems and come up with practical solutions. Communication Skills : Strong verbal and written communication to clearly convey ideas, requirements, and solutions to stakeholders at all levels. Stakeholder Management : The ability to work closely with stakeholders, understanding their needs, managing expectations, and ensuring their objectives are met. Requirement Gathering and Documentation : Proficiency in gathering and documenting business requirements, ensuring clarity for both business and technical teams. Data Analysis : Ability to analyze data using tools like Excel, SQL, and visualization tools such as Tableau or Power BI to make informed decisions. Process Mapping and Modeling : Understanding and designing business processes using tools like BPMN, flowch...

What is Data Ecosystem?

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In the broader data ecosystem , Data Science is interconnected with several related fields, each contributing to or benefiting from the insights and methods developed within Data Science. These topics form an integrated system that enhances data-driven decision-making and technological advancements. Below are key areas linked with Data Science: 1. Big Data Description : Refers to extremely large datasets that are challenging to process using traditional methods due to their volume, velocity, variety, and veracity (4 V’s). Link to Data Science : Data science methods, such as machine learning and statistical analysis, are applied to extract insights from Big Data. Technologies like Hadoop, Apache Spark, and distributed databases help manage and process this data. Application : Real-time analytics, fraud detection, personalization in e-commerce, social media analysis. 2. Artificial Intelligence (AI) Description : The simulation of human intelligence processes by machines, particularly com...