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This is how data analytics teams work!

Example:
1) Senior Management at Swiggy/Infosys/HDFC/XYZ company needs data-driven insights to solve a critical business challenge.

So, they onboard a data analytics team to provide support.

2) A team from Analytics Team/Consulting Firm/Internal Data Science Division is onboarded.
The team typically consists of a Lead Analyst/Manager and 2-3 Data Analysts/Junior Analysts.

3) This data analytics team (1 manager + 2-3 analysts) is part of a bigger ecosystem that they can rely upon:
- A Senior Data Scientist/Analytics Lead who has industry knowledge and experience solving similar problems.
- Subject Matter Experts (SMEs) from various domains like AI, Machine Learning, or industry-specific fields (e.g., Marketing, Supply Chain, Finance).
- Business Intelligence (BI) Experts and Data Engineers who ensure that the data is well-structured and easy to interpret.
- External Tools & Platforms (e.g., Power BI, Tableau, Google Analytics) that can be leveraged for advanced analytics.
- Data Experts who specialize in various data sources, research, and methods to get the right information.

4) Every member of this ecosystem collaborates to create value for the client:
- The entire team works toward solving the client’s business problem using data-driven insights.
- The Manager & Analysts may not be industry experts but have access to the right tools and people to bring the expertise required.
- If help is needed from a Data Scientist sitting in New York or a Cloud Engineer in Singapore, it’s available—collaboration is key!

End of the day:
1) Data analytics teams aren’t just about crunching numbers—they’re about solving problems using data-driven insights.
2) EVERYONE in this ecosystem plays a vital role and is rewarded well because the value they create helps the business make informed decisions!
3) You should consider working in this field for a few years, at least. It’ll teach you how to break down complex business problems and solve them with data. And trust me, data-driven decision-making is one of the most powerful skills to have today!

I have curated best 80+ top-notch Data Analytics Resources 👇👇
https://www.tg-me.com/DataSimplifier

Like this post for more content like this 👍♥️

Share with credits: https://www.tg-me.com/sqlspecialist

Hope it helps :)



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This is how data analytics teams work!

Example:
1) Senior Management at Swiggy/Infosys/HDFC/XYZ company needs data-driven insights to solve a critical business challenge.

So, they onboard a data analytics team to provide support.

2) A team from Analytics Team/Consulting Firm/Internal Data Science Division is onboarded.
The team typically consists of a Lead Analyst/Manager and 2-3 Data Analysts/Junior Analysts.

3) This data analytics team (1 manager + 2-3 analysts) is part of a bigger ecosystem that they can rely upon:
- A Senior Data Scientist/Analytics Lead who has industry knowledge and experience solving similar problems.
- Subject Matter Experts (SMEs) from various domains like AI, Machine Learning, or industry-specific fields (e.g., Marketing, Supply Chain, Finance).
- Business Intelligence (BI) Experts and Data Engineers who ensure that the data is well-structured and easy to interpret.
- External Tools & Platforms (e.g., Power BI, Tableau, Google Analytics) that can be leveraged for advanced analytics.
- Data Experts who specialize in various data sources, research, and methods to get the right information.

4) Every member of this ecosystem collaborates to create value for the client:
- The entire team works toward solving the client’s business problem using data-driven insights.
- The Manager & Analysts may not be industry experts but have access to the right tools and people to bring the expertise required.
- If help is needed from a Data Scientist sitting in New York or a Cloud Engineer in Singapore, it’s available—collaboration is key!

End of the day:
1) Data analytics teams aren’t just about crunching numbers—they’re about solving problems using data-driven insights.
2) EVERYONE in this ecosystem plays a vital role and is rewarded well because the value they create helps the business make informed decisions!
3) You should consider working in this field for a few years, at least. It’ll teach you how to break down complex business problems and solve them with data. And trust me, data-driven decision-making is one of the most powerful skills to have today!

I have curated best 80+ top-notch Data Analytics Resources 👇👇
https://www.tg-me.com/DataSimplifier

Like this post for more content like this 👍♥️

Share with credits: https://www.tg-me.com/sqlspecialist

Hope it helps :)

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How Does Bitcoin Work?

Bitcoin is built on a distributed digital record called a blockchain. As the name implies, blockchain is a linked body of data, made up of units called blocks that contain information about each and every transaction, including date and time, total value, buyer and seller, and a unique identifying code for each exchange. Entries are strung together in chronological order, creating a digital chain of blocks. “Once a block is added to the blockchain, it becomes accessible to anyone who wishes to view it, acting as a public ledger of cryptocurrency transactions,” says Stacey Harris, consultant for Pelicoin, a network of cryptocurrency ATMs. Blockchain is decentralized, which means it’s not controlled by any one organization. “It’s like a Google Doc that anyone can work on,” says Buchi Okoro, CEO and co-founder of African cryptocurrency exchange Quidax. “Nobody owns it, but anyone who has a link can contribute to it. And as different people update it, your copy also gets updated.”

Should I buy bitcoin?

“To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering,” the former Fed chairwoman said. Yellen’s comments have been cited as a reason for bitcoin’s recent losses. However, Yellen’s assessment of bitcoin as a inefficient medium of exchange is an important point and one that has already been raised in the past by bitcoin bulls. Using a volatile asset in exchange for goods and services makes little sense if the asset can tumble 10% in a day, or surge 80% over the course of a two months as bitcoin has done in 2021, critics argue. To put a finer point on it, over the past 12 months bitcoin has registered 8 corrections, defined as a decline from a recent peak of at least 10% but not more than 20%, and two bear markets, which are defined as falls of 20% or more, according to Dow Jones Market Data.

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