In Demand

Business Intelligence Analysts

When we want to buy a product we need, we usually find many different versions of it on the market, and a lot of us aren't sure which one to pick. But when we look at the features each one offers, that's usually what decides which one we end up buying instead of another. There's fierce competition between companies, and every company tries to pack as many features as possible into its products so it can outshine its competitors, win people over, and rack up healthy profits. That's the goal every business works toward - but it's a goal a lot of companies never actually reach. Some companies rake in huge profits, while others make no profit at all and instead suffer massive financial losses. That's why these companies bring in a specialist called a "business intelligence analyst," whose job is to figure out what's causing the losses and weak sales. This person helps the company they work for adjust or change the flawed policies it's been following, comparing them against the practices used by successful competitors.

Meet the Writer: Waleed Abo Omiraa

Annual Salary
$112,590/ year
Median wage · BLS🇺🇸 USA

What You'll Actually Do

The core tasks and responsibilities that fill a typical day.

  • Provide technical support for existing reports, dashboards, or other tools.
  • Maintain library of model documents, templates, or other reusable knowledge assets.
  • Identify or monitor current and potential customers, using business intelligence tools.
  • Create or review technical design documentation to ensure the accurate development of reporting solutions.
  • Communicate with customers, competitors, suppliers, professional organizations, or others to stay abreast of industry or business trends.
  • Maintain or update business intelligence tools, databases, dashboards, systems, or methods.
  • Manage timely flow of business intelligence information to users.
  • Identify and analyze industry or geographic trends with business strategy implications.
  • Document specifications for business intelligence or information technology reports, dashboards, or other outputs.
  • Disseminate information regarding tools, reports, or metadata enhancements.
  • Create business intelligence tools or systems, including design of related databases, spreadsheets, or outputs.
  • Conduct or coordinate tests to ensure that intelligence is consistent with defined needs.
  • Collect business intelligence data from available industry reports, public information, field reports, or purchased sources.
  • Analyze technology trends to identify markets for future product development or to improve sales of existing products.
  • Analyze competitive market strategies through analysis of related product, market, or share trends.
  • Synthesize current business intelligence or trend data to support recommendations for action.
  • Generate standard or custom reports summarizing business, financial, or economic data for review by executives, managers, clients, and other stakeholders.