Revolution Technologies : Business analysts are professionals who use business data to identify patterns, make recommendations and provide strategies for companies. Business analysts have to be able to analyze complex problems, solve them and communicate their findings in a clear way. Business analysts work with business leaders, accountants, engineers and other professionals to make sure that the company makes the best decisions possible for its future growth.
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Contents
What is a Business Analyst?
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Revolution Technologies : As a business analyst, you are responsible for gathering and analyzing data, then presenting it to company stakeholders. You’re not making decisions or deciding how to move forward with your analysis–you’re providing recommendations.
The skills that make someone a great analyst include being able to communicate well (both verbally and in writing) and work well in groups or independently. You need to be able to understand what’s going on within your company’s organization structure so that you can present information accurately while also getting everyone on board with your findings.
As an analyst liaison between technical teams and business teams, you’ll be working closely with both sides of the equation: understanding their needs as well as ensuring they have access to everything they need from each other (which may include detailed specifications).
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Business Analyst Skills and Qualities
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Revolution Technologies : Business analysts need to be able to think critically and solve problems. They must have strong communication skills, as they will often be working with many different departments within their company or organization. Business analysts also need to have a wide range of knowledge about the industry they are analyzing, as well as an ability to work well in teams.
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What Causes Job Growth in Business Analysts?
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Revolution Technologies : Business analysts are in demand, and there is a shortage of them. In fact, you can expect to see an increase in job growth for business analysts over the next 10 years as companies continue to expand their operations and hire more people.
Business analysts are needed across many industries, including healthcare and technology. They’re also needed in countries around the world such as India (with its rapidly growing economy), China (which has one of the largest populations on Earth), Japan (a developed country with high standards) and Brazil (whose economy has been growing steadily since before 2010).
How to Train as a Business Analyst
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Revolution Technologies : You should also be aware that there are many business analyst training programs available to you. The most common is the Business Analyst Certification (BAC), which is offered by IIBA and covers all aspects of being a BA. Other certifications include Certified Associate in Project Management (CAPM) from PMI; Certified Professional in Financial Market Technology (CPFMT) from CFA Institute; Certified Information Security Manager (CISM) from ISACA; and Project Management Professional (PMP) from PMI.
If you don’t want to go through the hassle of getting certified, or if your employer doesn’t require it for their employees, there are still plenty of ways for you to learn about business analysis online! If you’re looking for some general information on how BAs work with clients and stakeholders throughout the project lifecycle then check out this course here . Or maybe something more hands-on? Try one these courses here
Finally–if we missed anything important let us know! We’d love to hear what else needs addressing so we can write another article soon 🙂
The business analyst profession is expanding.
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Revolution Technologies : The business analyst profession is expanding. According to the Bureau of Labor Statistics (BLS), the demand for business analysts has grown by 19% since 2010, making it one of the fastest-growing occupations in America. As more companies realize how valuable a BA can be, they’re hiring more BAs and creating new positions within their organizations.
This explosion in demand has several causes:
- Businesses are becoming increasingly tech-focused and therefore need people who understand technology better than they do–and that’s where you come in! You’ll help them understand what tools work best for their needs and why those tools work best, as well as how technology affects their business strategy overall.
- Businesses also need technical skillsets like yours because many companies want to expand into new markets but don’t have enough expertise on hand yet; this means bringing on board more people with specialized skillsets such as yours so that everyone can get ahead faster together!
Business analysts are a key part of the business world, and their role is only going to grow as technology advances. If you’re interested in this field or just want more information about how it works, we hope this article has helped! Thanks for reading.
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