Business Intelligence & Data Analytics Jobs Market February 2024
In the last six months, there has been an increasing focus on robust data governance, ethical data usage, and the adoption of data fabric and data mesh architectures. These trends reflect the market’s response to the growing volume and complexity of data, the need for real-time insights, and the emphasis on data security and compliance. This evolving landscape is influencing how organisations manage and utilise their data resources.
The Business Intelligence (BI) and Data Analytics market in Ireland is adapting to new technological trends and evolving skills demands. Advanced visualisation tools, data literacy, and AI integration are key skills in demand. These skills are pivotal for interpreting complex data and uncovering hidden patterns and trends. The rise of self-service analytics is democratising data access, allowing users with varying technical expertise to interact with and analyse data efficiently. Augmented analytics, blending AI and machine learning with traditional BI, is reshaping businesses’ ability to derive and utilise insights. Data governance and ethics have also become crucial in response to data regulations and privacy concerns.
Salaries in the BI and Data Analytics sectors are likely to reflect the increasing demand for advanced skills in areas like AI, machine learning, and data governance. The need for these specialised skills is expected to influence salary trends in the sector.
Companies across various industries, including technology, healthcare, finance, and retail, are actively hiring in this sector. These companies seek to leverage data for strategic decision-making and operational improvements. Candidates in this market typically look for roles that offer opportunities to work with the latest technologies and methodologies, focusing on data-driven decision-making and personal development.
Employers are seeking professionals skilled in predictive and prescriptive analytics, AI, machine learning, and data governance. The ability to derive actionable insights from complex data sets is highly valued. Companies are also looking for candidates who can navigate the intricacies of modern data analytics tools and methodologies.
In terms of benefits, common offerings include health insurance, pension plans, performance bonuses, and stock options or equity in the company. Professional development opportunities and work-life balance benefits, such as flexible working arrangements, are also common in this sector.
For more information on the current Business Intelligence and Data Analytics jobs market and the latest salary bands, please download our IT Salary Survey below.