chandler05: Hello to all analyst in the house , big ups to who ever came up with this thread .I use excel for Monte carlo simulation for forcasting asset . If any one know about what I am talking about indicate so we share ideas .

dataville: Every government agencies, private sector companies, educational and research institutions. NGOs and international organizations needs to collect data to gain insight into projections for the future.

Use of statistical methods has undergone a dramatic change as computers and IT methods have entered the research environment. Sophisticated analytics sofware (IBM SPSS, SAS, Excel, EViews, State etc) allows professionals to perform complex statistical techniques and draw valid conclusions from reports.

Data analysts on NL, please identify yourselves, share experience, contacts, challenges etc in today's fast evolving data and analytics industry.

chuckdee4: There is a lot more to data analytics than what most people think.
The data that is used for analysis has to come from a source, source data systems can vary within companies, some companies still use legacy systems that still work well for them.
As a result of this the data gotten from these systems have to be processed well enough (ETL) and stored in a structured manner (Enterprise DWH).
The journey of data no be small one but if planned and mapped out properly, your analytical data will be of the purest form and very much reliable.

Tru_lie: Hello analysts in the house. Am a corps member and i would like to be an analyst. What are the thinqs i have to acquaint myself with. Lest i forget, i read economics.

funkystanl:


Please don't speak technical jargon here. What is ETL and DWH. We all want to learn.

Nice post anyways. Thumbs up!!!

woodcook: please is there any SAP BI here?

olumuyiwaH: Any GIS analyst in d house, pls do identify urslf

olumuyiwaH: Any GIS analyst in d house, pls do identify urslf

Tru_lie: Hello analysts in the house. Am a corps member and i would like to be an analyst. What are the thinqs i have to acquaint myself with. Lest i forget, i read economics.

nedu213:

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hayo: Nice thread.

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Maybe the time has come for people studying Statistics in University to understand they are sitting on a gold mine.
They just have to be more proactive and source practical textbooks online. Ask anyone studying for a MBA at a decent school, and they will tell you that one of the most feared courses is Business Statistics. It is not enough to have the capacity to analyze data, but the practical interpretation and using same to solve business problems as well as scientific problems. In every thing we see, there is a pattern and we can even predict the mad Lagos traffic and other phenomenon we see around us. Obama's victory has been attributed to solid data analysis. Companies can't also cope without good data scientist who understand the business. Pricing of goods and services as in cost management is only done well if organizations use Regression Analysis. I think the time has come for the big data professionals.

nnaiah:

Yes sir/ma

2sexy: Even though Ajenlekoko has dropped something much vital that the original post(OP), It seem LIKE not many people are aware of what BIG DATA is.

If you planning for the future as a data analyst, programmer, coder, statistician, etc you better brace up for the future. If you have the money, get a master degree in big data because there is a huge gap in skills required for this new technology.

So far, only a few universities in the US have managed to incorporate this into their advance study program and currently admit 50 to 80 candidates.

Companies such as Apple, Google, Oracle, Amazon etc are investing hugely into this new trend and Amazon currently have big data service.

alutaa:

Oga Nnaiah, u don reach here again?

There are a lot of Nigerians that are into SAP BW / BI.

There are many tools out there for DATA analyst to use. You just have to find the one suitable for you to perform your job.

For me, i use SAP Business Object, SQL business suite and Excel on my job. But, i will have to say that no matter the tools you use, Microsoft excel is still one of the most powerful and fundamental tools out there for any data analyst.

If you are interested in big data, SAP is providing a 20 days trial to their HANA and Sybase tools

obasy09:
Please enlighten us more about the big data master degree. Is the course available in Nigeria? Or how does one go about doing the programme? What are the requirements?

woodcook: please is there any SAP BI here?

alutaa: @2Sexy,

As a business analyst, from my own personal opinion, to start or to succeed as an analyst, the fundamental knowledge of Excel is very important. But, if you want to learn Big data mart, you dont need to learn theorectical knowledge only at any foreign universities. Most software companies will give you access to their software for free for a limited number of times.