Reasons Why You Should Learn Data Analytics

DO YOU THINK DATA ANALYTICS IS NOT FOR YOU?

Let us prove you wrong.

Technology is a growing industry, and that comes with an ever-expanding amount of Data. 

Whether you are a fresh graduate or a student still exploring career paths, a seasoned executive at the core of a major firm, a business owner trying to make sense of market trends, a dedicated working class trying to improve work process, or a digital creator navigating the complexities of social media algorithm, Data has undoubtedly become that block that holds boundless opportunities.

Data is not just a buzzword.

Some say Data is the:

  • Future
  • Fuel for the 21st Century
  • Career of Tomorrow
  • Driving Force for Businesses
  • new frontier

All of these are true!

In fact, everything today depends on Data; even in our day-to-day living, from personalized Spotify recommendations, checking the latest Naira exchange rates, navigating traffic on the streets of Lagos, and the very spot-on social media ads. 

The urge to understand and use data has never been so in demand.

So, what exactly is Data Analytics?

It is simply taking different pieces of information, like numbers and facts, and putting them together to build something meaningful. It helps us understand things and make better decisions by looking closely at the details.

At its heart, Analytics is all about solving problems and improving processes.

Here at Dataleum, we believe everybody should have the chance to learn Data Analytics, and in this article, we’ll look at five reasons why.

1) A large number of industries use data.

Well, it is pretty clear that Data Analysts are not confined to a couple of industry segments – their contribution spans across different industries. There is no specific domain; in which data analysts can work, so you can work in any domain of your choice. It could be in industries like finance, manufacturing, information technology, communications, logistics, retail, automobile, and the whole nine yards. This is the reason choosing the right Data Analytics training can make all the difference.

2) It will continue to become more relevant.

With the abundance of Data available at our fingertips today, the opportunity to leverage insight from data has never been greater. This will have a few impacts, but primarily the value of Data Analysts will go up, creating even better job opportunities and career progression options. This makes now the perfect time to start a journey into the world of Big Data Analytics. There’s no denying how important this skill is likely to become in the very near future.

3) Data can help people do better, at what they already do.

It’s incredible how much data can help take the guesswork out of decision-making. With the right approaches, you can solve problems and proffer answers to things that seem like mysteries with no clear answer. One of the most sought-after job expectations is the power to make decisions. Lack of decision-making power can make a job dissatisfying. However, as an individual skilled in Data Analytics, you will be an integral part of business decisions and strategies because you study trends, you provide meaningful insights, thereby giving you an important role within your organization. 

4)  It is a powerful skill that offers a myriad of solutions.

Data can be used for good. It can identify gaps, problems, and shortcomings which can then, once quantified, be addressed. Very often, quantifying a problem is key to solving that problem. Data can help people make strong arguments for world change. For instance, descriptive data tells you what happened in the past, predictive analytics figures out what will likely happen next based on historical data, and then you can use prescriptive analytics to determine how to respond.

5)  Data Analytics is now a priority for top organizations.

With increased business competition and stiffening economics, top organizations have now turned to Data Analytics to identify new market opportunities, pockets for improved business, improvement in services and products, and comparison to competitors for their business. As things stand today, 77% of top organizations consider Data Analytics a critical component of their business performance. Business Performance is measured by Analytics. What this means is that Data professionals in general have a huge influence on company policies, decisions, and marketing strategies, as we earlier said.

With such a boom in the use of Data, having the Analytical skills required to work with data isn’t just valuable – it is a necessity. The importance of these skills is only going to become more important in the future as more industries and businesses jump into the Data wave. 

Contrary to popular opinion, learning the basics of Data Analytics can be easy. The key is to simplify it and utilize a very hands-on and practical approach. This is why Dataleum was established – Simplifying Learning with the use of Data.

Visit here to begin your Data Journey today!

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