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Data Analytics

Executive President & CIO Pratap Shankar Gharge talks about Data Analytics course, what is Data Analytics and other details about a Career in Data Analytics.

















Data Analytics

Pratap Shankar Gharge | Executive President & CIO | Bajaj Electricals






What is Data Analytics?


A Career in Data Analytics is very intriguing. One should first understand What a Career in Data Analytics entails before investing time and effort to figure out How to start a Career in Data Analytics. While anyone can have an opinion on what Data Analytics entails; only a real professional can really explain it.

With 34 years & 2 months of professional experience, Executive President & CIO Pratap Shankar Gharge understands Data Analytics. Executive President & CIO Pratap Shankar Gharge defines Data Analytics as:

Data analytics or analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making





How Executive President & CIO Pratap Shankar Gharge got into Data Analytics?


After completing my graduation from Shivaji University, Diploma in Computer Management from Mumbai University and an MBA (Operations Research) from IGNOU, I started my career with Simplex Textile Mills as a Programmer (1984-85) and post that I was associated with Bajaj Electricals for 33 Years and retired as an Executive President & Chief Information Officer.





Executive President & CIO Pratap Shankar Gharge's Talk on Data Analytics


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The Journey of a Data Analyst: Insights from Pratap Gharge's Professional Experience


Pratap Gharge’s career in data analytics is a testament to the significant impact that data-driven decision-making has had on businesses today. With over three decades of experience at Bajaj Electricals, culminating in his role as Executive President and CIO, Gharge has witnessed firsthand the evolution of data from structured information to unstructured insights. In this article, we will explore the nuances of data analytics, delve into the educational background and skills required for aspiring analysts, discuss the positives and challenges of this dynamic field, and gain insights into a typical day in the life of a data analyst.

What Is Data Analytics?

Data analytics is a process that involves examining and interpreting data to derive meaningful insights that can inform decision-making. As Pratap Gharge emphasized, data is often referred to as the "new oil"—a valuable resource that, when harnessed correctly, can lead to significant business advancements. The field of data analytics encompasses both structured and unstructured data, allowing analysts to uncover trends and make predictions that guide strategic decisions. This practice is increasingly vital in a digital world where vast amounts of data are continuously generated across various platforms and industries.

Education


Statistics

### Statistics Image

A solid foundation in statistics is essential for anyone aspiring to become a data analyst. Gharge highlights that statistical techniques are crucial for analyzing data and deriving insights. Individuals embarking on this career path should consider pursuing courses in statistics during their undergraduate or postgraduate studies. This background equips them with the necessary tools to understand data distributions, inferential statistics, and predictive modeling, which are pivotal in the analytics process.

Programming Languages

### Programming Languages Image

Proficiency in programming languages is another critical educational component for data analysts. Gharge pointed out that familiarity with languages such as Python is increasingly important, especially for analyzing unstructured data. Programming skills enable analysts to manipulate data sets, automate processes, and implement complex algorithms to extract insights. Educational programs that include programming along with data analytics tools prepare students for the technical demands of the role.

Domain knowledge

### Domain knowledge Image

While statistical and programming skills lay the groundwork, domain knowledge significantly enhances a data analyst's effectiveness. As Pratap Gharge noted, gaining insights about the specific industry or sector where a data analyst works can only happen through experience. Understanding the nuances of the business environment allows for more accurate data interpretation and better-informed decision-making. Continuous engagement with the industry helps analysts keep their knowledge current and relevant.

Skills


Analytical Skills

### Analytical Skills Image

Having strong analytical skills is the cornerstone of success in data analytics. Pratap Gharge emphasized that an analytical mindset is essential for dissecting complex data sets and generating meaningful insights. This skill set includes the ability to think critically about data, identify patterns, and draw logical conclusions, which are fundamental for understanding business challenges and opportunities.

Keen Learning

### Keen Learning Image

The field of data analytics is ever-evolving, demanding that professionals embrace continuous learning. Gharge underscored that staying current with new technologies and methodologies is key to remaining relevant in this fast-paced environment. A commitment to lifelong learning not only enhances an analyst’s skill set but also enables them to apply cutting-edge techniques to their work, ensuring they can tackle the challenges of modern data landscapes effectively.

Communication

### Communication Image

Effective communication is vital in the realm of data analytics. Once insights are derived from data, presenting these findings to decision-makers is essential for driving action. Gharge noted that strong communication skills allow analysts to convey complex information in an understandable manner, fostering collaboration and ensuring that stakeholders align on data-driven strategies. The ability to articulate insights clearly can greatly influence an organization's decision-making processes.

Decision Making

### Decision Making Image

Data analysts must also be adept decision-makers. With the insights derived from their work, they are often positioned to influence business strategies and operations. As Pratap Gharge illustrated, analytical insights can empower analysts to make informed decisions that drive outcomes. Developing this skill enables analysts to not only provide recommendations but also take ownership of initiatives that lead to organizational improvement.

Positives


Dynamic Job

### Dynamic Job Image

One of the most appealing aspects of a career in data analytics is its dynamic nature. As Pratap Gharge pointed out, analysts must regularly engage with different methods and technologies to analyze data. This ever-changing landscape ensures that no two days in analytics are the same and keeps professionals motivated as they explore new challenges and opportunities for growth.

Specialized Job

### Specialized Job Image

Data analytics is a specialized field, and the combination of skills required to excel makes data analysts rare assets within organizations. Gharge highlighted that the scarcity of professionals who can seamlessly merge business acumen with technical expertise creates significant demand in the job market. As a result, those who excel in this domain find themselves with unique career opportunities.

Monetary Benefits

### Monetary Benefits Image

The financial rewards associated with a career in data analytics are notable. Given the high demand for skilled data analysts and the specialized knowledge they bring, compensation in this field tends to be competitive. Gharge emphasized that due to its specialized nature, data analytics roles often come with attractive salary packages, making it a lucrative career choice.

Challenges


Demanding Job

### Demanding Job Image

While a career in data analytics can be rewarding, it also comes with its challenges. Pratap Gharge noted that the role demands considerable time and energy. Analysts often juggle multiple requests from various departments, necessitating effective time management and prioritization skills. This constant pressure can make the job demanding and requires resilience and adaptability.

Fast Changing Technology

### Fast Changing Technology Image

The rapid pace of technological advancement presents another challenge for data analysts. As Gharge explained, the perpetual evolution of tools and techniques in the data analytics field compels professionals to continuously update their skill sets. Staying abreast of new developments requires dedication and proactive learning, which can be overwhelming but is essential for career longevity.

A Day Of


Data Analytics

### Data Analytics Image

A typical day for a data analyst, as shared by Pratap Gharge, is often filled with a barrage of requests from various departments such as marketing, R&D, and product development. Analysts must prioritize these requests, estimating completion times and managing expectations accordingly. Diving into vast data sets to extract insights forms the core of their daily activities, and the ability to switch between tasks quickly is critical for success. This diverse range of responsibilities ensures that no day is monotonous, and each presents unique learning opportunities.

In conclusion, the career of a data analyst is both impactful and rewarding, offering opportunities for those willing to embrace its challenges and changes. Pratap Gharge’s insights underscore the importance of educational foundations, continuous skill development, and the capacity to communicate effectively. As the world becomes increasingly data-driven, the role of data analysts will remain critical in shaping business strategies and informed decision-making, reinforcing the value of this profession in today’s economy.





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How to get into

Data Analytics?



If you are want to get into Data Analytics, start by investing in a Career Plan.

The 14 hour process, guided by a LifePage Career Advisor, will help you introspect and check whether your interest in Data Analytics is merely an infatuation or is it truly something you wish to do for the rest of your life.

Next, your Career Advisor will help you document how you can get into Data Analytics, what education and skills you need to succeed in Data Analytics, and what positives and challenges you will face in Data Analytics.

Finally, you will get a Career Plan stating which Courses, Certifications, Trainings and other Items you need to do in the next 7 years to become world’s best in Data Analytics.





LifePage Career Plan

14 hour personalized guidance program















Your LifePage Career Advisor facilitates your guided introspection so that you systematically explore various Career options to arrive at a well thought out Career choice.

Next: your Advisor helps you figure out how you will get into your chosen Career and how will you develop the skills needed for success in your Chosen Career.

LifePage Plan will not stop at saying "to become an Architect study Architecture". It will guide you on which Certifications, Trainings and Other items you need to do along with your Architecture education to become the world's best Architect.











Links for this Talk




Executive President & CIO Pratap Shankar Gharge's LifePage:


Career Counselling 2.0
[LifePage]
https://www.lifepage.in/page/pratapshankargharge






LifePage Career Talk on Data Analytics


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[Career]
https://www.lifepage.in/careers/data-analytics


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[Full Talk]
https://lifepage.app.link/20181118-0001


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[Trailer]
https://www.youtube.com/watch?v=xPWnY9BKoFU


(Data Analytics, Pratap Shankar Gharge, Bajaj Electricals, Executive President, Chief Information Officer, Data Scientist, Analyst, Data Management, Analysis, Search Analyst, Data Management, Data Governanace)







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