Business analysis is a research discipline of identifying business needs and determining solutions to business problems. Solutions often include a software-systems development component, but may also consist of process improvement, organizational change or strategic planning and policy development. The person who carries out this task is called a business data analyst.
A business data analyst is someone who analyses an organization or business domain and documents its business or processes or systems, assessing the business model or its integration with technology. Business data Analyst helps in guiding businesses in improving processes, products, services and software through data analysis. Interpret data, analyse results using statistical techniques and provide ongoing reports.
Business data analyst is Responsible to Develop and implement databases, data collection systems, data analytics and other strategies that optimize statistical efficiency and quality. Acquire data from primary or secondary data sources and maintain databases/data systems. Identify, analyse, and interpret trends or patterns in complex data sets. Filter and “clean” data by reviewing computer reports, printouts, and performance indicators to locate and correct code problems.
Review a variety of areas including operations, purchasing, inventory, distribution and facilities. Understand and communicate the financial and operational impact of any changes. Suggest changes using analytics to support your recommendations. Actively participate in the implementation of approved changes. Create informative, actionable and repeatable reporting that highlights relevant business trends and opportunities for improvement.