Learning to create a Speedometer Dial in MS Excel

One can learn to create a remarkable workable speedometer (also called as a speedo) chart, which will be equipped with a fully functional moving needle. It will be created with the use of a combination of doughnut and pie charts. We will also add an additional touch, which will be an exciting control panel for the speedometer with a scrollbar.

There are several charts available with MS Excel’s Chart Wizard that offers everything other than a quirky speedometer chart. With a proper speedometer chart, we can display data in a very slick way. We have mentioned a few nifty hacks and tricks in this section, with which one can create both a speedometer chart as well as a scrollbar right from the control toolbox bar which will also allow us to change the data entered into the worksheet simultaneously.

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Impact of Big Data Analytics In Bridging India's Tax Gap!

India's performance on the 'Tax Revenue as a % of GDP' parameter is by far the lowest within the BRICS economies.Estimates peg the effective taxpayers in India to be less than 4-5% of its population.

• The current government has shown emphasised focus on increasing tax base and tackling black money through policy interventions like demonetisation, GST, tax agreements, Benami Property Act, etc.
• These initiatives will allow the revenue departments to develop a data supply chain that will capture and store data at an unprecedented scale, and speed. This data can be supplemented with data generated through digital transactions, JAM (Jan Dhan, Aadhaar & Mobile) trinity, and data from other digital platforms.

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Can Artificial Intelligence Change The Way Humans Respond To Disasters?

As far as we understand, human beings are the most intelligent species in this solar system. However, days are likely near when computers will take away the title of being the king of intelligence. We all know how Artificial Intelligence (AI) is redefining the approach towards problem solving in fields related to business, education and pharmacy. But did you know that the same technology is considered for better management of disasters; both natural and man-made? Well, scientists and CEOs are betting big on AI to provide answer to all the problems faced by the disaster responders across the globe.

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These Big Data Job Roles Will Mass Hire in 2017

These Big Data Job Roles Will Mass Hire in 2017

Data hygienist and machine teachers are two new analytics job roles which have surfaced. Rumor has it that there are several new jobs coming up within the data analysis industry. Here are a few that may suit your skills:

It is evident that Big Data and analytics is transforming our work procedures. Several Human Resource managers are also cutting short the review and revision process for job responsibilities and the long task lists for position descriptions, to portray the active role that analytics plays. 

         

                        Big Data Hadoop training from DexLab Analytics from Dexlab Analytics

If you are already a key member of the commuting workforce should take proactive steps to enhance their skills in the analytics realm. It will come in handy as more employees are expected to work in this field. As for those looking to land their first job, getting a few data analyst certifications can be strong entries to add to your curriculum vitae.

With the Big Data analytics boom, new job roles are also surfacing for the upcoming New Year. Here’s what is new:

Be a citizen data scientist:

Data Scientist are difficult to find, and to further top that off companies cannot afford to hire a good one. As a result a citizen data scientist is born. This is just an analytically talented individual from the organization who actually does not have any formal degrees in either data science or engineering. But still this man can take on the mantle for developing complicated algorithms and queries of data which can yield breakthrough insights for the company.

Hiring data hygienists:

Imagine an electronic tooth brush, yes it does work pretty well. But still a few hard-to-reach areas remain where you must on your own to clean them out, and Big Data is no exception to this rule. While tools are there to clean and prune data, it still requires some human hands to get it to the level of business precision.

Paraprofessional analyst:

Several analytics consulting agencies are already working with healthcare and law firms to help with their diagnosis. This opens up new avenues for paraprofessionals to research and work on, and it will be especially helpful if they have analytical skills.

                              

Here were a few hot job roles that will hire data analysts in the upcoming year of 2017. For more articles, tutorials. News and information on Big Data certification stay tuned to our regular updates from DexLab Analytics.

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Free Demo Session on Credit Risk Modelling with SAS

DexLab Analytics, the eminent data analytics training institute is conducting a free live demo session on Credit Risk Modelling with SAS on the 15th of October at 5PM. Credit risk modeling is that part of credit risk management that develops a framework for calculating risks associated with classical crediting products like financial letters of credit and loans. This is a must have economic tool for maintaining equilibrium within the fiscal arena. So register quickly for this free demo session and get informed on the latest trends of credit risk management. Just send us a mail at hello@dexlabanalytics.com to register for this event or you can visit our website and fill up the contact us form.

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Growing Impact of Hadoop

In this age of data-driven technology huge amount of data are generated daily from a wide range of digital sources. Volume, velocity and veracity are the main features of this kind of data. Various data analytics tools are required to manage this massive amount of data. Hadoop, a data analysis tool is widely used for low cost data storage and ETL.

The distributed storage and parallel processing aspect of Hadoop provides us with reliable, accurate, data storage and evaluating mechanism. That’s why Hadoop has been adopted by industries of various fields. The market of Hadoop is growing constantly but the application of Hadoop in organizations is surprisingly limited. Very few organizations are utilizing the amazing power of Hadoop to predict business behavior; instead it is being used for cost efficient storage and ETL.

The full potential of Hadoop is being exploited by only a handful of tech giants for complex analysis of collected data. The reason behind this reluctant use of Hadoop cannot be explained. Business organizations are treading carefully to avoid any risks that may occur due to early adoption of Hadoop. Data discovery and pattern recognition is a time-consuming process and requires a flexible and unbound environment. Enterprises are using Hadoop for known cases like storage and ETL before going deeper to analytics project. They are mainly getting acquainted with the various aspects of this new technology before using it full fledged.

For now, we have to give the industries some time before they start to exploit the full potential of Hadoop.

 So, enroll in a Big Data Hadoop certification program and become a skilled professional in the field of data analytics. For more information on the potential of Hadoop please visit our blog at the given link: http://www.dexlabanalytics.com/blog/hadoop-adopted-but-not-for-analytics

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Are You Using Ample Data in Your Data Scientist Resume?

Whenever you apply for a job, your first fear is that the resume does not get thrown into the reject pile. Being a data analyst most candidates only list their job history as a long and dry catalogue describing in brief their curriculum vitae (story of your life) of the various positions they held at previous employer’s organizations. Some even outrageously create a table of marks that they scored on various important exams in life. But being a data person, you must not make this rookie mistake of listing unnecessary data.

Things can get harder if you have never held a job role as a business or data analyst before and you have no idea about what to write as the headline of your resume and how to justify your sudden change in career.

If you want to find out an honest strategy for creating an effective business analyst or data scientist/analyst resume without involving petty gimmicks or trickery or unhealthy exaggeration so, that you can avoid the reject pile for sure.

Here are a few tricks that will help you showcase your data analyst like job roles even if you have never had one.

Tip no.1:

A good data analyst resume does not need a catalogue of all your work history. You must learn to optimize even irrelevant job roles as data-driven roles. This is a common misconception among most job seekers who feel that all types of odd job roles must be listed in their resumes. So, the first secret you must know when creating a resume is that it is not a catalogue but rather a sales document.

And what is on sale? Your candidature!

Thus, this means that you must be selectively honest when writing down job roles, skills and experiences that you choose to include into your resume. The key is to optimize and present your resume in a way that presents your qualifications and skills in the best possible way for the job title at hand.

Tip no. 2:

Summarize with specific details so that your resume stays away from the reject pile. This is essential because most recruiters will only scan your resume and not really read it. So, there will be a few handful of materials that will come to their attention.

The first element of your resume that meets the eyes of the recruiter is the summary or objective statement. One of the best kept secrets of the job world is completely opposite to what most people believe. It may seem to the rookie data analyst job seeker, that a vague or generalist statement will work to open up more possibilities, but the reality is starkly in contrast. For a data analyst job profile highlight your analytical abilities and statistical knowledge in your resume objective or statement and get the message through crystal clear that you are qualified for the type of jobs you are applying.

But note that most recruiters also skip right through the objective part of your resume, so, make sure that the other parts of their resume also lures them in.

Let us discuss us how you can catch their eye with those parts...

Tip no.3:

Have your resume read by tweaking the old job titles. Chances are an average recruiter will skip right through your objective section and even the accomplishments part. So, where will their eyes stick? To your recent job titles! So, make sure they are in bold t help them stand out.

Another key point to be kept in mind is that your previous job titles must showcase your skills as the right ones for the types of jobs you are applying. So, if your previous job title reads something like this – Software Developer, Customer Support or Network Engineer, then chances are you will only be hired in such job roles. So, instead of being blunt tweak your recent titles within the bounds of honesty and accuracy. To do this, you must be more creatively honest.

For more tips and articles on how to apply to business and data analyst job roles and on Analytics training institutes in Pune for sharpening your analytical mind, visit DexLab Analytics.

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