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5 Skills for Recruiting Business Intelligence Analyst

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By Maxnet PR
Friday, November, 01 2013

Intelligence as Webster's dictionary defines: "the ability to apprehend the interrelationships of presented facts in such a way as to guide action towards a desired goal" Business Intelligence is made up of concepts, procedures, methods/tools, re-constructions of data, and use of modern technology that helps to renovate unanalyzed data into significant information for business purposes. BI brings practicality in present business decision making structure. Our BI Analysts create processes to identify and build new opportunities via huge amount of data. Tapping on these opportunities and boasting a prospective vision for innovative business strategy can assist the company become competitive in the market place with prolong constancy.

We at Maxnet have been very passionate about the analyst segment of workforce for past several years and below we have listed the BI skills needed for companies in the retail industry.

#1. Industry knowledge:
     Retail industry is beaming and has grown leaps and bounds with the breakthrough of technology. Retail businesses are customer oriented and their intelligence revolves around customer’s demographics etc. Here the BI analyst should focus to gather the intelligence to provide strong customer service.

#2. Data Warehouse:
     BI is nothing more but just, all about data. With all the information in the multiple data warehouses in a scientific manner and systematic order, now the BI uses its intelligence in making connections, finding the customers, unearthing the obscure trends. It would be fair to say, technologies is of lesser importance at this stage and the bigger concern is the way the data is stored and used.

#3. BI Tools:
     The tools play a vital role to analysis, design, develop, integrate, and support the implementation of the whole process. BI, Brio, Cognos, Crystal reports, Hyperion, MicroStrategy, Actuate are some basic tools. With these tools around indentifying the positional customers and making strategic relationship is relatively uncomplicated. BI should analyze the data at a high speed, which allows quicker business decisions and organizes control over the information.

#4. Engage into Decision Making:
     Previously, operational and analytical systems were poles apart due to technological drawbacks. Technological advancements have help; BI Analysts to cut-off their work with respect to manual data mining. Modern BI Analysts posses the zing to get involve in decision-making and it makes sense for the management to have the BI Analysts on board because it’s they who have more grasp on the customer data.

#5. Bridging the Gap:
     Business operations and BI technical procedures are two side of the same coin. However, need of the hour is to bridge the gap between the two for faster identification of customer needs and to improvise data management, delivery and decision making.

With these roles and responsibilities of BI Analysts shifting, it brings out greater contribution for the growth of the corporation. Here is a template we have created for BI Analyst, which will assist you in your recruiting procedures.

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