Becoming a data analyst is the smartest career move you could make because data analytics might be the new “coding”.
According to Seed Scientific, there were 44 zettabytes of data at the beginning of 2020, and it is estimated that by 2025, the world would be producing 463 exabytes of data daily.
This means that the need to access and analyze data is rapidly increasing. Gone are the days when data analysts were only vital to social media companies like Facebook and Twitter. Today, nearly every company, firm or enterprise needs a data analyst.
If you’re considering switching careers or you’re looking for a tech field to major in, then here are some fascinating reasons you should consider becoming a data analyst.
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Becoming a Data Analyst: 8 Reasons Why
Data analysts are HIGHLY sought-after
With so much data being pumped out every day by individuals and companies, the need for a data analyst continues to rise in nearly every industry.
Most businesses and firms now rely on big data to develop improved and effective strategies.
But while the demand is high, the availability of data analysts is still incredibly low!
This means that not only have data analysts become valuable assets; they are also so many available jobs with attractive salaries to choose from!
Competitive salaries
Due to several factors like the high demand and the increasing importance of data, data analysts today are paid more than they were years ago.
With industries like finance, entertainment and corporate services paying the highest salaries, data analytics is gradually joining the ranks of highly paid professions.
According to Salary Explorer, a data analyst in Nigeria earns an average of 316,000 Naira each month.
In most companies, these attractive salaries are accompanied by other benefits like health insurance, paid vacation, stock ownership plans, and so much more.
Anyone can become a data analyst
One of the best parts of this profession is how novices with little to no knowledge of data analytics can become professionals as long as they are ready to learn.
While it certainly helps to have a degree in computer science or math, it doesn’t mean having a degree or work experience in non-related fields automatically disqualifies you from being a data analyst.
To launch a career in data analytics, you could take a course online and learn some technical skills like R and python programming languages.
You could also try out some projects to boost your learning process and develop your portfolio.
It improves your problem-solving and critical-thinking skills
Fundamentally, data analytics is about collecting and analyzing data and then using it to offer innovative solutions to problems.
Thus, before you can launch your career in data analytics, you must know how to conduct research and use the collated data to enhance existing strategies and develop new ways to improve your company’s approach to problems.
Doing this over time dramatically improves your thought process, helps you draw valuable conclusions and boosts your ability to develop solutions that work!
Data analytics also enhances your math and statistics skills.
Data analysts can work in different industries
As stated earlier, the need for data analysis is exceeding just tech and social media companies.
Data analysts can work in varying industries and sectors like aviation, finance, retail, marketing, healthcare, education, entertainment and basically everywhere.
You can gain solid work experience from your preferred industry and build your portfolio.
Data Analysts can become freelance consultants
If you don’t fancy the typical 8–5 lifestyle and want to work at your own pace and time, then you can explore the option of freelance consulting!
With a good internet connection and laptop, freelance data analysts work with major global firms as consultants, where they analyze, strategize and visualize data from different sources.
In doing this, you would become highly involved in the decision-making process for these companies. As a freelance data analyst, you would gain solid work experience and build your portfolio from the comfort of your home!
It is a constantly evolving career
The world is changing, and many careers will be left behind, but not data analytics. Businesses worldwide need data analysts to sift through a massive amount of data and provide an accurate view of operations.
To do this, data analysts now go beyond the descriptive analytics they relied on a decade ago and now add predictive and prescriptive forms of analytics to proffer solutions.
As technology continues to evolve and the world becomes a smaller village, data analytics will evolve accordingly.
It opens the opportunity to delve into data science
Data analysts who wish to explore more job roles in the field can venture into data science.
With a solid and well-rounded experience working with data, it is easier to explore fields like data science and even data engineering.
Data scientists are generally tasked with carrying the duties of a data engineer and analyst. Thus, if you already excel as an analyst, you’re not just going to find it easy to venture into data science; you are also bound to succeed in it.
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Conclusion
It is evident that data analytics is the dream career choice, especially if you enjoy collating data.
Data is constantly produced every second and is being relied on now more than ever by companies across the globe to make more informed decisions.
Data is everywhere, and data analytics is the future. The world needs more data analysts, and if you excel at researching and interpreting data to solve problems, you should take that huge step of starting your journey as a data analyst.
