Why Business Intelligence Recruitment Is So Important Today
In this fast-changing world and increasingly competitive marketplace, it has become more important than ever for a business to ensure there's no danger of being left behind. In order to make the right decisions to keep their businesses abreast with and ahead of the curve, executives need to have top-quality information at their fingertips. Business Intelligence, or BI, is the process that analyses raw data and then presents it in the form of information that corporate executives and business managers can understand and then act upon.
BI and Big Data
The big issue is that the amount of data that needs to be sifted through is vast, whether the company is an accountancy firm, or a retail concern, this in part due to the growth in the use of Social Media and other mobile technology. So, while BI is a highly technological process, which uses modelling and other advanced techniques, interpreting and understanding the data is a skill in itself. In some cases the data set may be so large that an experienced developer will need to be employed to work on the existing systems so the ‘knowledge’ held in the data can be released.
Finding Experienced Developers or BI Professionals
When an employer needs to hire a professional business analyst / developer, they may decide to approach a dedicated BI company, but if the position is likely to be more long term, they often also decide to take on a contractor or a full-time member of staff. The best way of achieving success here is to contact a specialist recruitment agency like MSA Careers. Such firms specialise in Business Intelligence recruitment and make it so much easier for their clients to bring a dedicated BI expert onto the team.
The History of Business Intelligence
You don’t need to understand where the term ‘Business Intelligence’ comes from, but it might just enhance your understanding of the market place, so here goes. The concept of Business Intelligence has been around for a long time. There is evidence of the term being in use as far back as the 1860s, (way before the advent of computers) although the first mention of a "Business Intelligence System" did not come about until 1958 in the title of an IBM research paper on the subject. Over the next three decades, the concept of using a computerised system to analyse data continued to evolve, with data analysis processes known as Decision Support or Management / Executive Information systems running on mainframe computers. However, it wasn't until 1989 that the modern definition of the term Business Intelligence came about - an umbrella category for applying various analytical processes and techniques to turn raw data into information that could assist in corporate decision-making.
From that point onwards, fuelled by the gathering pace of the advancement of digital technology, dedicated BI technologies and software evolved from their mainframe-based predecessors and opened up new opportunities for business intelligence professionals. The jobs and skills are quite varied too, as besides analysts, there is also a need for staff with an in depth knowledge of Excel, the developers also often having to be able to create / modify applications and thus may also need to be experienced in php and other programing languages.
Business Intelligence is a Specialist Field
Today there is a thriving market for Business Intelligence analysts, both permanent and contractual, either working as in-house analysts / consultants or for consultancy firms specialising in Business Intelligence. It's a field which requires professional analysts of the highest quality who are qualified in disciplines that include but are not limited to: SQL Server, SQL BI, QlikView, QlikSense, Oracle and OBIEE, SAP and Business Objects, Tableau and Cognos. In fact, the trend of requiring BI as a proportion of all IT jobs has increased steadily since 2004, a trend that has notably been unaffected by the financial crisis of 2008.
The Correct Analysis of Data Will Make Your Business More Effective
This is because, even during difficult times, the need to have information from the analysis of data from both internal and external sources is key to ensuring the right decisions are made. This includes changes in customer demands and preferences, actions from competitors, and financial, political and market trends.
BI is a Relatively New Industry
Business Intelligence may be a relatively new industry, but it is already well established with some excellent, highly talented professionals continuing to extend this exciting field. In this post-Brexit climate which is fraught with uncertainty, businesses are being presented with new challenges and decisions in order to move forward and thrive in the future - and in turn, the demand for talented business analysts and BI professionals to provide the tools and analysis to facilitate those decisions will remain strong. In that regard, the Business Intelligence industry is evolving and growing to meet the changing technological and personnel requirements of businesses looking to make key decisions for the future.
A Thriving Market Sector
Since the early 90s then, Business Intelligence has grown into an industry in its own right. Today, when we refer to BI, the term refers not just to the processes to turn data into information but also the software dedicated to analysing raw data, the discipline, which includes querying, data mining, agile data processing, online analysis, and reporting, and of course, the people, the highly qualified experts that can assist in performing analysis. An example of the latter is where companies that do not have a full-time Business Intelligence professional on their payroll will advertise for business analyst contract jobs if the BI analytical expertise is required for a specific project or a turning point in the development of their business.
Specialist Consultancy Business Analyst and BI Firms
Companies that specialise in the evolving BI technologies began to spring up in the 1990s, offering services that cover every aspect of Business Intelligence, from providing the technology and software to hiring out contractors to perform the analysis. That many of these companies are now celebrating their 20th anniversaries is a testament to how much businesses recognise the value of the BI industry, its technology and its people. The analyst roles that are in demand vary considerably.
Recruiting BI Professionals – Full Time and On Contract?
Some firms will prefer to incorporate BI as a self-reinforcing ongoing process and will have openings for dedicated in-house business intelligence or business analyst jobs specifically created to handle that aspect. Some firms can't justify taking on someone in a full-time BI role, but can afford to bring them onto the team for a period of time. Others cannot even justify this and therefore don't have access to the necessary high-calibre BI skills internally. In these cases, they are more likely to bring in an expert from a specialist BI firm to interpret the data and produce the analysis needed to support their business decision-making process in specific projects. One advantage of this approach is that by enlisting the help of a BI firm to take care of the data interpretation and analysis, it allows a company to maintain its focus on the business decisions themselves.
Whether You Need a Full Time Member of Staff or a Contractor
If you need to enhance the capabilities of your analyst team, either by taking on a full time member of staff or a contractor, MSACareers can help. We have access to an extensive list of BI professionals, including may graduates and other experienced analysts and know we will be able to assist you.
Please contact us for more details.
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