3 Trends in Data Analytics: From 2023 to 2024
Hello, friends! I hope you're well-rested and ready to work? Today, let's talk about what made 2023 memorable and what will continue to gain momentum in 2024.
#1 Artificial Intelligence in Analytics
The combination of "Analytics + AI" seems to be with us forever now.
🔸 PowerBI, Tableau, and others have implemented AI
🔸 ChatGPT released Data Analyst
🔸 Numerous startups with analytics and AI
#2 Self-Service Analytics and "Data Democratization"
People without a technical background and without the help of an analyst can now:
🔸 Access data quickly (using natural language database queries)
🔸 Perform simple analysis in seconds
All this is thanks to AI and intuitive interfaces.
Despite the disappointment with AI in 2023 and the realization of its limitations, ignoring this trend would be a mistake. Gartner predicts that by 2024, 75% of organizations will use AI for analytics.
#3 Embedded Analytics
Analytics is being integrated into various applications and processes, improving decision-making and allowing users to independently find and solve problems, as well as find ways to improve. Examples:
🔸 Kodak has embedded analytics in its software for printing machines, allowing for tracking of ink usage efficiency
🔸 Shopify offers analytics tools on its dashboard for merchants to track sales, customer behavior, and other key business metrics.
In conclusion, all these processes will not replace an analyst. They are just a powerful tool for in-depth work and reducing manual labor.
Wishing everyone successful analysis in 2024!
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst
Hello, friends! I hope you're well-rested and ready to work? Today, let's talk about what made 2023 memorable and what will continue to gain momentum in 2024.
#1 Artificial Intelligence in Analytics
The combination of "Analytics + AI" seems to be with us forever now.
🔸 PowerBI, Tableau, and others have implemented AI
🔸 ChatGPT released Data Analyst
🔸 Numerous startups with analytics and AI
#2 Self-Service Analytics and "Data Democratization"
People without a technical background and without the help of an analyst can now:
🔸 Access data quickly (using natural language database queries)
🔸 Perform simple analysis in seconds
All this is thanks to AI and intuitive interfaces.
Despite the disappointment with AI in 2023 and the realization of its limitations, ignoring this trend would be a mistake. Gartner predicts that by 2024, 75% of organizations will use AI for analytics.
#3 Embedded Analytics
Analytics is being integrated into various applications and processes, improving decision-making and allowing users to independently find and solve problems, as well as find ways to improve. Examples:
🔸 Kodak has embedded analytics in its software for printing machines, allowing for tracking of ink usage efficiency
🔸 Shopify offers analytics tools on its dashboard for merchants to track sales, customer behavior, and other key business metrics.
In conclusion, all these processes will not replace an analyst. They are just a powerful tool for in-depth work and reducing manual labor.
Wishing everyone successful analysis in 2024!
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst
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SimilarWeb can significantly overstate website visit statistics, so:
1. Don't fully trust when someone shows you statistics from SW
2. Don't use SW for the analysis of your website; use Google Analytics.
GA collects more accurate data. Similarweb collects data from available sources and makes estimates and predictions using machine learning.
Anyway, it's a good tool for competitor analytics.
A visit can be roughly equated to a session start in Google Analytics.
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst
1. Don't fully trust when someone shows you statistics from SW
2. Don't use SW for the analysis of your website; use Google Analytics.
GA collects more accurate data. Similarweb collects data from available sources and makes estimates and predictions using machine learning.
Anyway, it's a good tool for competitor analytics.
A visit can be roughly equated to a session start in Google Analytics.
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst
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I completed one of the simulators to recommend it to you.
These simulators are suitable for those who want to practice on real tasks and understand what a data analyst does at leading companies.
- Online simulators imitate a workday at top companies
- No prior knowledge is required – the necessary information is provided for task completion
- In the end, you receive a certificate and the opportunity to connect with recruiters
Register ➡️ Receive video instructions from real employees ➡️ Complete the task ➡️ Compare your work with the company’s example ➡️ Upload your resume ➡️ Receive a certificate and the opportunity to connect with recruiters.
1. Data Analytics & Visualization at Accenture (a leading consulting firm from the Fortune Global 500 list)
2. Power BI at PwC (a consulting firm from the "Big Four")
3. Data Analytics at Quantium (a company specializing in data science and AI)
4. Data Visualisation: Empowering Business with Effective Insights at Tata (a multinational conglomerate operating in 150 countries)
All data-related simulators are here.
Simulators for other skills (marketing, project management, consulting, etc.) are here.
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst
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Below are popular data analysis projects from Kaggle, Github, and Medium users. They will:
- Help you gain skills in working with real data
- Introduce you to Python libraries for data analysis
- Inspire you for your own data analysis projects
#data_analyst #data_analysis #data_projects
⚡️ADIDAS Sales Analysis
⚡️ Zomato Data Analysis
🍫 Product Sales Analysis
🚕 Uber Rides Data Analysis
🎮 Video Game Sales Analysis
🤓 Is There a Trend of Increasing Geek Girls?
🏆 Let's Discover More About the Olympic Games!
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst #python
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I made 2 diagrams
_____________________________________
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst #python
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What is IT volunteering? It's about helping non-profit organizations that can't afford to hire IT specialists for tasks like data analysis, programming, and marketing. Usually, this work is project-based rather than a permanent job.
Benefits:
1. Gain experience and add to your portfolio
2. Get recommendations for your resume
3. Help others at the same time
Here is the list of platforms where you can volunteer your data analytics skills:
Сatchafire
Datakind
Statisticswithoutborders
Vizforsocialgood
Technologyvolunteers
If you can't find the right tasks on websites, you can take the initiative and offer your skills directly to a non-profit organization you know.
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst
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Recently, I noticed freeCodeCamp.org has a course called "Data Analysis with Python". This course teaches Python specifically for data analysis.
freeCodeCamp.org also has other free courses with certificates to further expand your knowledge:
- Algebra with Python (which gives a deeper understanding of math and data science)
- Machine Learning (which is useful for data analysts since many companies now require machine learning skills).
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst
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Below are popular data projects from Kaggle, GitHub and Medium and YouTube. They will:
- Help you gain skills in working with real data
- Introduce you to SQL for data analysis
- Inspire you to undertake your own data analysis projects
🛣 UK Road Safety Analysis Project 2015
💸 International Debt Analysis using SQL
🌍 World Population Analysis 2015 using SQL
🚍 Public Transportation Data Analysis using SQL
Other posts:
🔥 20 Step-by-Step Data Analysis Projects with Python Code
🔥 Free Data Job Simulation Programs with Certificate
#DataAnalyst #DataAnalytics #DataAnalysis #data_analyst #sql
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