Business intelligence (BI) describes the processes and technologies utilized by organizations to analyze data and reach actionable business decisions. These processes often involve using software for business analytics, data visualization, data mining, and other business intelligence actions. Many professions involve the use of business intelligence, and these positions are highly sought after today. If you are considering a career in technology, choosing a career in business intelligence will likely keep you and your skills in high demand. Read on to learn about some of the best business intelligence jobs currently available in 2022.
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Growth Is Driving Job Demand
Within the past few years, the business intelligence industry has shown remarkable growth, which is expected to continue as more businesses emphasize data-driven decision-making. According to Fortune Business Insights, the global business intelligence market is projected to grow from $24.05 billion in 2021 to $43.03 billion in 2028 at a CAGR of 8.7%. It should go without saying that this growth creates enormous job opportunities.
Business Intelligence Analyst
Average Annual Salary: $90,143
A business intelligence analyst, or BI analyst, helps organizations reach success by reviewing and analyzing their business data. They are tasked with interpreting this data for trends and patterns that can help businesses identify areas of improvement or make decisions to support their growth. BI analysts will then create reports from this data that explain their findings to their clients or hiring organizations.
To become a BI analyst, you should possess technical data mining and analytics skills. You must also be proficient in ETL (extract, transform, load) and data visualization software and tools. This job can also lead to advanced career opportunities, as BI analysts may be able to move up to higher-level roles, like analytics managers or business intelligence architects.
Average Annual Salary: $65,736
Data analysts collect and analyze the business data to reach valuable insights and report on their findings to help companies and organizations make data-backed decisions. These professionals are tasked with various data management, analysis, and reporting duties.
They collect information from data sources, ensure the quality and accuracy of the data, and organize it in a way that allows it to be analyzed, often through database technology. Once the data is analyzed, data analysts interpret the results and generate reports to communicate them to organizational decision-makers.
To land a job as a data analyst, you should have knowledge of programming languages and be proficient in data software tools and statistical packages. The employment of operations and research analysts, which includes data analysts, is projected to grow 25% from 2019 to 2029, according to the U.S. Bureau of Labor Statistics. Therefore, this job can set you up with a promising career.
Business Intelligence Manager
Average Annual Salary: $77,299
A business intelligence manager oversees an organization’s business intelligence team, including data analysts, developers, and other related professionals. They manage the team by supervising the staff activities, administering projects, and analyzing the organization’s processes for maximum efficiency.
Aside from ensuring the efficiency of team members, business intelligence managers are tasked with additional responsibilities, like maintaining reporting requirements, communicating insights to decision-makers, and leading the design and deployment of business intelligence programs.
To become a business intelligence manager, you should have a bachelor’s degree in a related field like business administration, computer science, or statistics. You should also have experience in analytics, and gaining a certification can help advance your career.
Average Annual Salary: $111,362
Analytics managers develop effective data analysis and reporting strategies and oversee the data analytics projects for their organization. They often work with the business intelligence team to design new procedures for improving operational efficiency and develop data systems that will serve the organization’s needs.
Analytics managers should also have good communication skills, as they will be leading other analysts, coordinating with IT departments, and discussing business objectives and insights with decision makers.
Analytics managers should have a bachelor’s degree in related fields and employment history in a role with leadership responsibilities. Experience in data science or data analysis positions will definitely help you achieve this role.
Average Annual Salary: $105,640
Data consultants work with organizations or individual clients to analyze their business data usage and management. They use their expertise to develop data strategies to improve the effective utilization of data technology and tools.
The role also involves tasks like creating reports and making recommendations to higher-ups on ways to refine the data processes of the organization.
This position requires a strong knowledge of the latest data software tools and technology. A bachelor’s degree in a related field like IT, computer science, or business is typically required as well as additional work experience in related roles.
Business Intelligence Developer
Average Annual Salary: $101,037
A business intelligence developer designs, builds, and manages BI software and infrastructures. They create these solutions to help organizations make data-backed business decisions to solve problems and reach their objectives.
In addition, BI developers execute database queries and conduct testing on existing BI tools to develop effective business intelligence solutions. The role often involves collaborating with IT and related teams to integrate their systems.
BI developers also communicate with organizational officials to identify their business needs and report on development projects.
A bachelor’s degree in computer science, engineering, or a relevant field will help you attain this job. You should also have experience in related data science or BI development roles and knowledge of BI software systems. SQL querying knowledge may also be required for this position.
If you are hired as a business intelligence developer, you’re in luck — the U.S. Bureau of Labor Statistics projects the software developer career to grow 22% from 2020 to 2030, which is much faster than the average rate.
Average Annual Salary: $115,243
Data engineers create systems to transform raw data into usable information for business data analysis. They develop and maintain data systems that work to improve data quality and accuracy, maintain datasets, and convert raw data into a format that can be analyzed.
In addition, these data engineers work with data scientists and build solutions for them to generate actionable insights for the organization’s business objectives. Tasks may include optimizing data collection, building algorithms, creating data pipelines, and monitoring data systems.
Becoming a data engineer could be a smart career move, as it is a growing field. According to the 2020 Dice Tech Jobs Report, it was the fastest-growing tech job in 2019, having grown 50% over the previous year.
To land the role, you should first have a degree in IT, software engineering, computer science, or a related field. Additionally, previous experience and relevant professional data management certifications are always helpful.
Start Your Business Intelligence Career Now
Interested in starting a career in business intelligence? TechnologyAdvice is now hiring! Visit the TechnologyAdvice careers page to learn more about available business intelligence positions.