Added: Over a year ago by Ipsos Jarmany
In this post, we will be discussing the 5 tools that an analyst needs to know to succeed in the field. These tools will help any analyst be faster and better when it comes to analysing data, problem solving and providing insights.
Excel
Across all industries, Excel is the tool that sits on the Iron Throne as the most popular amongst analysts and decision makers. It’s so widely used because:
So, data analysts will need to be masters of Excel as they are likely to be using it daily. Some practical examples are:
Therefore, I suggest you make Excel your best friend if you want to pursue a career in analytics.
SQL is the place where your data will likely be stored so you will need to know how to use it if you want to work with data. SQL (Structured Query Language) is a programming language which data analysts use to interact with their data. Usually, there is a database administrator who is responsible for the maintenance of the Database; making sure the new data is correctly stored in tables and all updates happen flawlessly. If you join a smaller organisation you might have to do this yourself (heads up!); don’t worry though, it’s an opportunity for you to understand how databases work in general.
Data analysts will be using SQL for the following reasons:
There are more things you can do with SQL, but the above list has the basics that an analyst will need. SQL will also help you in the future when the data will be saved in the cloud (big data tools) because it integrates very well with the major cloud services such as Azure, AWS and GCP.
Visualisation tools such as those above will be relatively new to most businesses, but they are starting to gain traction. As an analyst, these tools will help you communicate your results in a more modern and graphically rich environment verses Excel. Additionally, these tools provide more functionality to Excel such as:
The biggest mistake I see when using these tools is that they are mistakenly taken for databases because they have an option to create a ‘data model’ with multiple connections (joins) and calculated fields. If you have medium to big data and try to do the above, your visualisation tool will be slow and clunky – the result being people reverting to Excel. Best practise is to build your model in SQL or a Big Data database and then bring 1 table/view into your visualisation tool – yes, it will take more space, but the report will be fast and usable.
Python and R will help you when it comes to machine learning (ML) projects such as making predictions, forecasts and run rates. Usually, these projects are run by more advanced data analyst or data scientists.
Personally, I believe that the urge to learn ML will come having mastered the basics mentioned above. In order to start learning, I recommend:
Fun right? The last bullet point is maybe a bit advanced for an analyst but nothing that cannot be achieved with practical practise (and lots of googling). And you’ve always got the data analyst/scientist community who are amazing at sharing knowledge and always happy to help.
Please note that the ability to learn new software fast is critical as it might be Python and R today but could quickly be something else tomorrow.
Traditional on-premise databases cannot handle the ‘big data’ organisations now generate, thus the need to move to cloud-based solutions like Azure, AWS and GCP. You will still be using SQL, Python and R as the big data tools as they integrate very well together. Typical challenges that exist:
The point is that, as we move to the world of big data, there will be new ways of doing things that as an analyst you should be the first to know how to use and apply. Plus, these big data cloud skills are very high in demand!