{"id":4354,"date":"2020-07-26T18:26:28","date_gmt":"2020-07-26T18:26:28","guid":{"rendered":"https:\/\/beardymag.com\/?p=4354"},"modified":"2021-11-29T19:05:08","modified_gmt":"2021-11-29T19:05:08","slug":"best-data-analysis-courses-2020","status":"publish","type":"post","link":"https:\/\/beardymag.com\/best-data-analysis-courses-2020\/","title":{"rendered":"Best Data Analysis Courses 2020"},"content":{"rendered":"\n

For any business to succeed, it\u2019s important for the owner to regularly conduct data analysis. When you use this data in an effective way, you will be able to understand how the business performed in the past, how it\u2019s performing in the present, and you\u2019ll also be able to make solid and sound plans for the future. That\u2019s why it\u2019s highly advisable to take data analysis courses whenever you get the chance to as it will enlighten you more on how to go about this.<\/p>\n\n\n\n

In this article, we discuss reasons why you should consider data analysis courses and some of the important things you need to know about data analysis in business.<\/p>\n\n\n\nRelated Topics (Ads):<\/span>

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What is data analysis?<\/h1>\n\n\n\n

Data analysis refers to the process whereby statistical and logical techniques are systematically applied in the description, illustration, condensing, recapping and the evaluation of data.<\/p>\n\n\n\n

It can also be described as the process whereby data is collected and organized so that one can draw meaningful and helpful conclusions from it. The process involves the use of analytical and logical reasoning to get reasonable information from the collected data.<\/p>\n\n\n\n

Why should you take data analysis courses?<\/h2>\n\n\n\n

Data analysis courses come highly recommended because today\u2019s world highly relies on the data we get. Here are more reasons why you should enroll in data analysis courses:<\/p>\n\n\n\n

There is high demand for data analysis professionals<\/h3>\n\n\n\n

In today\u2019s world, technology experts who have data analysis experience are in very high demand. This is because many different organizations are trying their best to make use of big data as they have discovered the power of data when it comes to business growth. Taking the course will, therefore, make you very marketable.<\/p>\n\n\n\n

Data analysis courses prepare you for big salaries in future<\/h3>\n\n\n\n

Data analysis helps companies grow and with this growth comes huge salaries. Taking a data analysis course, therefore, makes you better placed to grow financially much faster.<\/p>\n\n\n\n

A data analysis course allows for multiple specialization<\/h3>\n\n\n\n

When you take a data analysis course, you have the option of specializing in multiple areas depending on your individual competences. Examples include marketing analysis, financial analysis, sales analysis, operations analysis, just to mention a few. The data analysis courses, therefore, prepare you for a more exciting work environment and work life.<\/p>\n\n\n\n

A data analysis course makes you prepared to make a bigger difference<\/h3>\n\n\n\n

Aside from the course preparing you for bigger paychecks and high positions in future, it prepares you to make a big impact to organizations.<\/p>\n\n\n\n

Realize you\u2019ll be helping these organizations achieve their visions, missions and objectives as data is the world\u2019s Holy Grail nowadays. Through this data analysis, you\u2019ll be able to help companies find their true calling.<\/p>\n\n\n\n

Why is data analysis importance for a business?<\/h2>\n\n\n\n

We have mentioned that data analysis is helpful in the business world and here are some specific reasons why:<\/p>\n\n\n\n

Data analysis facilitates better targeting<\/h3>\n\n\n\n

When you use data analysis, you can establish the forms of advertising that will effectively reach your customers and make an impact so that they end up purchasing and consuming your products or services.<\/p>\n\n\n\n

Data makes it easier for you as a business owner to understand the advertising methods that are best for your business and how possible it is for you to adopt this advertising method. You will realize the costs you will incur in the process and how the returns of your investment in this advertising will be.<\/p>\n\n\n\n

Data analysis helps you understand your customers<\/h3>\n\n\n\n

With data analysis, you can easily check how your products are performing in the market. The moment you understand which products your target market prefers, you\u2019ll be better placed to determine the areas in which you will focus on most and for which type of customers.<\/p>\n\n\n\n

Data analysis enables you to understand the consumer\u2019s spending habits, and their different tastes. This information helps you in the pricing of goods.<\/p>\n\n\n\n

Data analysis helps cut down operation costs<\/h3>\n\n\n\n

Data analysis helps you understand those sectors in your business that might be using up finances unnecessarily and those areas that are in need of more finances.<\/p>\n\n\n\n

When you have this knowledge, you can cut the amount of money that goes out by significantly reducing the business\u2019 operational cost and the cost of production of goods.<\/p>\n\n\n\n

Data analysis therefore makes everything precise meaning you will avoid filler activities that add no value.<\/p>\n\n\n\n

Data analysis can solve business problems and make better decisions<\/h3>\n\n\n\n

If you\u2019re running a business, you understand that any problem can stop the operations in it and bring you losses.<\/p>\n\n\n\n

Data analysis goes a long way in helping you make sound decisions on how to run your business and will give you the necessary information on any malfunctions and how to avoid other operational problems.<\/p>\n\n\n\n

Data analysis facilitates new innovation<\/h3>\n\n\n\n

Thanks to data analysis, you as a business can get an idea of future trends in the behavior of the consumers you are interested in.<\/p>\n\n\n\n

You will, therefore, be able to make your products more futuristic and invent more that will be welcomed in the future by your target customers. This will give you a competitive edge in that industry you\u2019re in.<\/p>\n\n\n\n

Best data analysis in 2020 courses<\/h2>\n\n\n\n

Because of the growing demand for data analysis experts, there are several courses you can take to learn more about data analysis. Here are some of the best data analysis courses that you can take in 2020 to start you off:<\/p>\n\n\n\n

Complete introduction to business data analysis by Ian Littlejohn<\/h3>\n\n\n\n

Features<\/h3>\n\n\n\n