Top 5 High-Paying Business Intelligence Positions in 2021
Business intelligence is a rapidly growing field that utilizes technological tools and strategies to turn raw data into actionable insights. With the rise of big data and the increasing need for organizations to make data-driven decisions, business intelligence positions have become highly sought-after. In this article, we will explore the top five high-paying business intelligence positions that are expected to be in demand in 2021 and beyond.
1. Business Intelligence Analyst
As the name suggests, a business intelligence analyst is responsible for analyzing data to identify trends and patterns, and then creating reports and dashboards to present key insights to decision-makers. They work with various departments within an organization such as finance, marketing, and operations to gather relevant data and provide recommendations to improve business performance. According to Glassdoor, the average base pay for a business intelligence analyst is $74,000 per year.
2. Business Intelligence Developer
A business intelligence developer is responsible for designing and developing data models, ETL processes, and reports to support the business intelligence initiatives of an organization. They work closely with the IT department to ensure that the data and reporting infrastructure is designed and implemented correctly. According to Payscale, the average base pay for a business intelligence developer is $88,000 per year.
3. Data Scientist
A data scientist is responsible for collecting, analyzing, and interpreting large and complex data sets to uncover insights and identify opportunities for the organization. They use machine learning algorithms and statistical analysis to turn data into predictive models and create visualizations to communicate findings. According to Glassdoor, the average base pay for a data scientist is $113,000 per year.
4. Data Engineer
A data engineer is responsible for building and maintaining the system infrastructure and tools needed to support the data science and business intelligence functions of an organization. They design and implement data pipelines, create and maintain databases, and manage cloud infrastructure. According to Payscale, the average base pay for a data engineer is $99,000 per year.
5. Chief Data Officer
The Chief Data Officer (CDO) is responsible for overseeing the data strategy of an organization and ensuring that data is used appropriately and ethically. They work with executive leadership to identify business goals and develop data-driven strategies to achieve them. The CDO must also ensure that the organization’s data policies and practices comply with legal and ethical standards. According to Glassdoor, the average base pay for a Chief Data Officer is $168,00 per year.
In conclusion, the field of business intelligence offers many exciting and lucrative career paths. The demand for skilled professionals in this field is expected to continue to grow as more organizations recognize the value of data-driven decision-making. Business intelligence analysts, developers, data scientists, data engineers, and CDOs are just a few of the high-paying positions available in this exciting field. Whether you are just starting your career or looking to make a change, consider exploring a career in business intelligence.
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